Country: Asia Pacific Page 270 / 491
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- January 26 2021
CBIRC updates solvency regulations
The revised rules come into force on March 1.
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- January 26 2021
Suncorp joins chase for CommInsure: report
A bid from rivals IAG or QBE would likely face a myriad of challenges.
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- January 26 2021
AUB refocuses as competition heats up down under
Altius disposal comes amid Aon/WTW merger and Howden’s market entry.
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- January 25 2021
ZA Bank gets HK agency license
ZhongAn has broadened its insurance presence in the SAR via a subsidiary.
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- January 25 2021
Hong Kong Life up for grabs again: report
The US$500m valuation is significantly lower than a 2018 bid by First Origin International.
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- January 25 2021
Peak Re’s Clarence Wong on global supply chain risk
The reinsurer's chief economist also discussed the use of PPPs for events such as the Tokyo Olympics.
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- January 22 2021
Indonesia gets US$500m World Bank disaster loan
The government agreed a US$770m risk financing initiative with a consortium of (re)insurers in 2019.
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- January 22 2021
Indonesia quake to see minimal insured losses
In-country loss adjusters tell IAN only a small number of claims have been made so far.
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- January 22 2021
Crawford’s global forensics head to join McLarens
IAN understands six key staff members are joining the rival loss adjuster in Australia.
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- January 21 2021
India’s slowing economy to temper premium growth: Moody’s
The rating agency says a low penetration rates means there is still “ample” room for growth.
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- January 21 2021
IAG receives over 5,000 claims after holiday storms
Australian insurer tells IAN additional claims are expected in the coming weeks.
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- January 21 2021
Thailand’s P&C market to hit US$9.4bn by 2024: report
The sector’s CAGR is expected to be 2.4% over the next three years.
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- January 21 2021
Asia piracy hits five-year high but war rates ‘stable’
Standard Club tells IAN that claims have been relatively low and the region's risk profile remains unchanged.
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- January 21 2021
Covid-19 a watershed moment for Asia
AFF panel on 'The Future of Insurance' discussed digital ecosystems and insurtech partnerships.
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- January 20 2021
Axa Singapore bidding war draws HSBC and Etiqa: report
A disposal could raise as much as US$700m for the French firm.
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- January 20 2021
HKIA pushes lower ILS minimums
Draft rules to reduce the US$1m investment requirement to US$250,000.
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- January 20 2021
India’s general insurers shrink in 2020
New India Assurance's 76% claims ratio for the six months from April was down from 93% in 2019.
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- January 19 2021
China’s offshore wind market ‘soft’ but profitable: WTW
Loss hit small hydroplants have seen premium rises of up to 50%.
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- January 19 2021
MAS sets ‘higher expectations’ for cyber risk
The Singapore regulator told IAN that (re)insurers need to identify their key IT vulnerabilities.
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- January 19 2021
Data a key tool to mitigate climate risk: AFF 2021
Panellists highlight the difficulty in underwriting new green technologies such as solar panels and fuel cells.
