Country: Asia Pacific Page 276 / 491
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- December 1 2020
Axis Re appoints Willis Re exec David Bangs as Japan head
The broker will continue to be based in Singapore after assuming the new role.
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- December 1 2020
South Korea eyes Insurance Business Act revisions in H1 2021
Financial regulator creates taskforce to facilitate implementation of IFRS 17.
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- December 1 2020
Aviva Singlife confirms exec team as US$2.4bn deal completes
The transaction follows an issuance of US$411m of Tier 2 notes.
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- December 1 2020
AUB Group purchases 360 Underwriting Solutions
The broking group's underwriting agencies set to be restructured into three sub-divisions.
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- November 30 2020
P&C sector grows 5.5% to US$59.4bn: HKIA
Despite signs of resilience, motor and EC have seen sustained underwriting losses.
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- November 30 2020
Samsung Fire & Marine signs joint venture with China’s Tencent
Deal with South Korean digital giant Kakao failed over access to motor insurance business.
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- November 30 2020
NSW’s market on alert after bushfires and extreme heat
Summer started with an unwelcome combination over the weekend.
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- November 30 2020
APAC climbs the 2021 P&C broker growth agenda
With Aon's merger with WTW to complete next year, rivals are eyeing opportunities in the region.
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- November 30 2020
Japan’s P&C majors to bounce back in 2021: Fitch
Tokio Marine, MS&AD and Sompo more exposed to Covid-19 risk in overseas markets.
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- November 27 2020
Aussie BI losses to strain reinsurance relationships
Continued uncertainty around the ultimate loss and the nature of claims weighs on sector.
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- November 26 2020
MAS calls for more cooperation with China on catastrophe cover
Singapore’s regulator is targeting joint initiatives for flood-torn Chongqing.
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- November 26 2020
‘Significantly lower’ profits at Australia’s P&C players: APRA
It has been a tough 12 months for the sector as market enters perilous summer season.
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- November 26 2020
Greater China Willis Towers Watson director to leave
IAN also understands WTW has named a replacement to oversee the China financial lines portfolio.
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- November 26 2020
Ariel Re seeks expansion as sale closes for US$30m
The specialty (re)insurer has a clean energy team in Hong Kong.
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- November 26 2020
HKIA chair says GWS framework on track for H1 2021
The regulator is also set to publish its first risk and solvency assessment reports in June.
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- November 26 2020
Mitsui Sumitomo invests US$350m in insurtech Hippo
Japanese giant and US start-up ink partnership, which includes a reinsurance treaty.
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- November 25 2020
Willis Re appoints Cameron Hick for Australia director role
He joins from Partner Re and has previously worked at Munich Re in Australia.
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- November 25 2020
AIA conducting coal portfolio review as critics take aim
Climate groups say the Hong Kong life player’s policies do not go far enough.
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- November 24 2020
China’s Waterdrop raises additional US$150m from Tencent: report
Chinese giant increases stake in healthcare start-up which could be valued at US$4bn.
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- November 24 2020
Tower agrees US$29.5m settlement with EQC
The compromise ends almost a decade of uncertainty for shareholders.
