Country: Asia Pacific Page 294 / 491
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- July 21 2020
Aviva wraps up US$324m Friends Provident deal
The deal has been pared down, and was originally expected to complete in 2018.
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- July 21 2020
HK’s financial regulators restate security bill commitment
Financial secretary Paul Chan urges regulators to clarify the law and reassure stakeholders.
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- July 20 2020
China’s worst floods in 30 years renews focus on risk
Greater public-private collaboration and advanced modelling is needed.
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- July 20 2020
China seizes insurers linked to billionaire Xiao Jianhua
The Chinese state takes control of several firms linked to Xiao after discovering irregularities.
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- July 20 2020
Chinese insurers record healthy H1 premium growth
Life and P&C players are experiencing a solid uptick in sales compared with 2019.
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- July 20 2020
BMS’s Godden to welcome Aon trio for energy push
Three senior Aon staff will join the specialist broker in August.
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- July 17 2020
Hong Kong passes bill to reduce insurers’ profit tax
The Insurance Authority says the changes will fortify the city's competitiveness.
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- July 17 2020
China to remove restrictions on insurers’ equity investments
Chinese insurers hold over US$3 trillion in assets.
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- July 17 2020
SG in “severe downturn”, but market remains resilient: MAS
The Authority's stress tests shows insurers remain resilient.
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- July 16 2020
AmGeneral’s Roberts on Malaysia’s prospects
An economic rebound and gradual liberalisation is expected for 2021.
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- July 16 2020
Korean insurers under heightened FSS scrutiny
Both non-life and life players have been targeted by the financial regulators.
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- July 16 2020
Taiwan’s Cathay Life to take majority stake in Indonesian bank
The Taiwanese insurer sticks to its strategy.
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- July 16 2020
SCB Thailand sets up brokerage, will hire 500 agents
The move comes after the top bank sold its life insurance unit to FWD.
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- July 15 2020
Japan flood losses to reach “hundreds of millions”: report
Aon says insurers are expecting at least thousands of claims.
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- July 15 2020
Securities class action and D&O ramping up worldwide: report
Australia's "thriving" litigation activity has led to a surge in D&O costs and demand.
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- July 15 2020
MS&AD invests in tech to track climate change risks
A new partnership could be game-changing for (re)insurers and asset managers in Asia.
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- July 15 2020
WTW names APAC head of financial solutions
The broking giant has also promoted Stuart Ashworth.
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- July 14 2020
India scraps public-sector merger
Government cites “current scenario” as it opts for US$1.3bn capital infusion.
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- July 14 2020
Markel appoints Asia global head to spearhead renewables
A renewable energy specialist joins from Aon.
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- July 14 2020
Suncorp reflects on bushfires as NZ earthquake premiums soar
The affordability of insurance has come under scrutiny in Australia and New Zealand.
