Country: Asia Pacific Page 275 / 517
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- July 9 2021
Sompo International creates APAC global risk team
Trey Martino to lead Singapore-based team targeting China, HK, India, Japan and Macau.
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- July 9 2021
China’s Aon/WTW approval highlights a wide-open market
The antitrust regulator's ambivalence highlights a huge opportunity for foreign brokers.
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- July 9 2021
Hong Kong’s trade credit insurer sees claims fall US$64m
The government body posted an underwriting profit of US$3m.
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- July 9 2021
Australia’s insurers retain more risk as rates rise
Despite steep rises on loss-affected lines, reinsurance wordings and conditions are largely unchanged.
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- July 8 2021
Axa XL appoints Gilles Fromageot as Asia regional manager
The specialty insurer has also promoted Catherine Carlyon to Australia country manger.
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- July 8 2021
PVI Re ‘on track’ despite HDI ownership change
Vietnam reinsurer tells IAN its COR is around 90% after AM Best rating review.
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- July 8 2021
India’s Order of Preference mandate ‘concentrates risk’
Lloyd's country manager tells IAN reinsurance requires diversification.
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- July 7 2021
Global ‘digital pandemic’ driving cyber rate increases
Ransomware attacks in Singapore cost almost double the worldwide average.
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- July 7 2021
China premium growth slows in first 5 months of 2021
Changes to critical illness cover was one of the primary drivers, analyst tells IAN.
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- July 6 2021
Axa XL appoints Asia Pacific and Europe casualty CUO
Marine Ress will start on October 1 and will be based in Paris.
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- July 6 2021
Westpac sells NZ life arm to Fidelity Life for NZ$400m
The move follows the bank's recent sale of its Australian P&C unit to Allianz.
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- July 6 2021
GSA Insurance Brokers to acquire Mega Capital
GSA is buying the rival broker's offices in New South Wales and Victoria.
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- July 6 2021
Insurtech Profile: gettgo
The Thai firm has millions of users and wants to introduce a smart search engine for health insurance.
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- July 6 2021
BI claims saga to hit Australia’s insurers hard
The UK's highest court overturned a long-held global precedent in January.
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- July 5 2021
Aon/WTW: New Zealand regulator further delays decision date
The antitrust watchdog has extended the M&A approval deadline for a third time.
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- July 5 2021
BMS hires Aon financial lines veteran in Australia
Andrew McKenzie has been leading Aon's financial services group in the northern region.
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- July 5 2021
Malaysia plans RBC changes for (re)insurers and takaful firms
The central bank wants to update frameworks to make capital adequacy measures more consistent.
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- July 5 2021
Why Hong Kong will beat Singapore in ILS race
Chinese risks have an obvious home in the Special Administrative Region.
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- July 2 2021
Gallagher takes 100% stake of Indian (re)insurance broker
The US firm has bought a further 70% of Edelweiss Gallagher's shares.
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- July 2 2021
Bolttech raises US$180m for growth push
Insurtech operates in HK, India, Indonesia, Malaysia, the Philippines, Singapore, Taiwan and Vietnam.
