Country: Asia Pacific Page 290 / 511
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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.
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- January 19 2021
Cyber tops Asia Pacific 2021 business risk list: Allianz
Covid-19 and business interruption were the other top concerns across the region.
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- January 19 2021
Latest UK BI ruling overturns global precedent
2010 Generali/Orient-Express Hotels decision has been used to reduce insurer payouts.
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- January 18 2021
Allianz Australia restructures after David Hosking departs
The German insurer is currently searching for someone to lead its commercial division.
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- January 18 2021
Asia coal premiums to harden amid reduced appetite
Power plants with medium-to-large losses could face rises of 100-200%.
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- January 18 2021
CBIRC chief pushes ‘prudential regulation’
Guo Shuqing also address Hong Kong’s GBA role during AFF keynote.
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- January 18 2021
Howden’s bold move down under
The broker has teamed up with Steadfast to gain access to carriers and businesses across Australia.
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- January 15 2021
Grab’s fintech unit raises US$300m in Series A round
Chubb, ZA Tech already partner with the ride-hailing firm’s insurance arm.
