Country: Asia Pacific Page 267 / 525
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- October 25 2021
HKIA panel flags ‘long’ timeline for some complaints
Independent review panel says Insurance Authority review timelines can be lengthy on occasion.
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- October 25 2021
ESG primed for Asia’s insurance mainstream
Sun Life Malaysia has just launched the country’s first investment-linked ESG fund.
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- October 22 2021
Dah Sing Insurance maintains Hong Kong market share
AM Best says the P&C player plans to scale down its reinsurance inward treaty business to better control risk accumulation.
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- October 22 2021
McLardy McShane seals deal for Sydney Insurance Brokers
The purchase creates a new entity — McLardy McShane Dimou — with Dora Dimou joining from a local rival.
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- October 22 2021
P&I clubs facing pressure to increase fixed limits
Mutual protection and indemnity clubs such as London, Japan, UK, Standard and North are all facing rising costs.
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- October 21 2021
Australia’s Covid BI appeals set for November
Policyholders have filed appeals on five of the 10 test matters before a federal court.
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- October 21 2021
New South Wales hailstorm triggers 2,000 claims: ICA
Losses are expected to run into the tens of millions of dollars.
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- October 21 2021
BMS expands into Korea with broker buy
The specialist broker has bought M&A and financial lines firm VIB as part of its Asia expansion plans.
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- October 21 2021
Asia’s cyber market needs to learn its limitations
Systemic attacks on critical infrastructure have been described as "beyond the industry's capacity to insure".
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- October 20 2021
Thai Life files IPO registration
The company said it recorded revenue of US$1.5bn in H1 2021 while profits were up 42% compared to the previous year.
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- October 20 2021
HK’s Bowtie raises US$22.6m from Mitsui, Sun Life
The life and health digital insurer is looking to expand in the Greater Bay Area.
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- October 20 2021
Gallagher acquires New Zealand broker Matt Jensen
The North Island broker is a specialist in the forestry and transportation industries.
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- October 20 2021
SE Asia personal lines set for digital transformation
Online premiums for travel, accident and home insurance in southern Asia could reach US$7.5bn by 2025.
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- October 19 2021
Policybazaar parent gets IPO nod from India regulator: report
Parent PB Fintech has been labeled a “foreign-owned and controlled” entity and counts Softbank and Tencent as investors.
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- October 19 2021
Hong Kong digital insurer Avo raises HK$260m
The digital insurer recorded gross written premiums of HK$1m in 2020.
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- October 19 2021
HKIA talks tough in conduct report
Regulator suggests it could take a harder line going forward after talking first disciplinary action.
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- October 19 2021
Anxin Agricultural Insurance faces high geographic, product risks: Moody’s
A high geographic concentration around Shanghai offsets some of the insurer's strengths, the rating agency said.
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- October 19 2021
Thailand’s insurers ‘wake up’ to digital amid muted growth
Local expert tells IAN the industry needs to embrace change post-pandemic.
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- October 18 2021
Charles Taylor appoints new Greater China director
Derik Chen previously worked as a claims manager with Axa XL in Shanghai.
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- October 18 2021
Shinhan Life joins net-zero climate push
Commitment to limit emissions of underwriting portfolio is first for an Asian insurer and comes ahead of COP26.
