Country: Asia Pacific Page 267 / 510
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- July 22 2021
Asia’s ‘hard’ financial lines market to continue
Markel's Simon Moi said there has been a "flight to quality" in a Lloyd's webinar.
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- July 22 2021
Japan’s MS&AD makes second investment in US insurtech Next
The group is looking to gain insights into the Silicon Valley company's digital SME strategy.
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- July 21 2021
China’s Henan province sees ‘thousand-year’ floods
Ping An P&C has already received 13,000 claims and that number is expected to rise sharply.
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- July 21 2021
Swiss Re’s Anna Lee handed HK, Taiwan P&C client markets role
Lee starts in September and continues as head of new business development, P&C reinsurance SID.
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- July 21 2021
Lloyd’s market ‘underweight’ in terms of APAC capital
Asia Pacific regional director Iain Ferguson points to facultative reinsurance as an area of growth.
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- July 21 2021
Malaysia’s P&C market heats up as Liberty bags AmGeneral
The US$540m deal comes on the heels of Generali buying Axa Affin General Insurance.
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- July 21 2021
Digital insurers lead return to growth in India
Figures for H1 2021 show an uptick of 14% compared to last year.
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- July 20 2021
Typhoons threaten agriculture in three China provinces
Ministry of Agriculture urges insurers to settle any claims promptly amid uncertainty over landfall.
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- July 20 2021
IAG appoints Zurich’s Tim Plant as chief insurance & strategy officer
Justin Delaney to replace Plant as head of Zurich's Australia and NZ general insurance operations.
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- July 19 2021
APRA asks general insurers to self-assess amid BI concerns
The regulator wants insurers to review the soundness of their risk management frameworks.
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- July 19 2021
China puts Dajia Insurance on the auction block for US$5.2bn
Beijing is selling off the caretaker firm managing the assets of the now defunct Anbang Insurance Group.
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- July 19 2021
India seeks advisors for LIC’s blockbuster IPO
The country's largest life insurer posted record new business premiums of US$24.4bn for FY 2020/21.
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- July 19 2021
Malayan reliant on reinsurance to write large property risks: AM Best
The largest Philippine P&C player had GWP of US$280m in 2020.
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- July 19 2021
SE Asia supply chains face delta variant disruption
Standalone pandemic coverage and parametric triggers seen as possible de-risk solutions.
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- July 16 2021
China sees 5.2% premium growth in H1 2021
CBIRC figures show total premium income hit US$449bn by the end of June.
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- July 16 2021
Fairfax ownership to bolster Singapore Re: Fitch
The reinsurer is being taken private by the Canadian giant in a US$155m deal.
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- July 16 2021
Labuan pushes digitalisation and inclusion
(Re)insurers in the Malaysian financial hub saw GWP rise 6.7% to US$1.6bn in 2020.
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- July 16 2021
Hong Kong sustainable finance group unveils priorities
The carbon and risk initiative involves participation from the HKFI, Target Insurance and QBE HK.
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- July 16 2021
Asia’s non-life sales pass US$100 per person for first time
General insurance density in the region (ex-Japan) also rose almost 10% in 2020.
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- July 15 2021
China to drive Asia premium growth in 2021, 2022: Swiss Re
Consumers in the region are increasingly comfortable using digital channels.
