Country: Asia Pacific Page 294 / 516
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- February 5 2021
Ratings round-up: Malaysian Re retains ‘strong’ IFS rating
Indonesian reinsurance player Tugure also keeps 'A+' rating from Fitch.
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- February 5 2021
Perth bushfire losses surpass US$30m
The Insurance Council of Australia has declared a catastrophe for the affected communities.
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- February 4 2021
Chubb hires head of Asia property from AIG
Alex Todd will oversee the insurer's regional commercial property portfolio from Singapore.
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- February 4 2021
Ping An’s P&C operating profit fell 23% in 2020
Financial guarantee insurance's COR climbed to 111%, but life and health profits increased 5.2%.
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- February 4 2021
Antares commits to Asia despite Lloyd’s China run-off
The specialty player will continue to place China business through Singapore.
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- February 4 2021
South Korea’s digital sandbox a ‘breakthrough’
Move creates opening for insurtechs as the regulator pushes financial services innovation.
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- February 3 2021
Sedgwick acquires New Zealand building consultancy
Thurlow Consulting Engineers will give the loss adjuster in-house engineering and construction expertise.
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- February 3 2021
WTW makes two senior Asia financial lines appointments
Sagar Mehta and Ernest Heng join Singapore team as broker's merger with Aon faces regulatory scrutiny.
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- February 3 2021
Queensland body calls for national reinsurance pool
Local government cites rising unaffordability of insurance in the north of Australia.
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- February 3 2021
Generali seems keen as India opens up
Despite the change, foreign insurers are expected to remain sceptical as more details emerge.
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- February 2 2021
Ken Lai to leave Hong Leong Insurance (Asia)
The outgoing general manager has been at the Hong Kong P&C player since August 2019.
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- February 2 2021
QBE appoints Sue Houghton as Australia Pacific CEO
The experienced Australian executive is set to join from Westpac in August.
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- February 2 2021
AIA, China Strategic submit binding bids for BEA Life: report
The sale is expected to raise US$500-600m for the Hong Kong-listed lender.
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- February 2 2021
Bohai Life among six insurers failing China’s tougher solvency rules
Moody's also flags Chang An P&C, Aeon Life, Qianhai Life, JK Life and Sino-French Life.
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- February 2 2021
Aon/WTW: FMG warns of ‘severely constrained’ market
Reinsurance flagged to NZCC as potential antitrust concern amid Willis Re divestiture speculation.
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- February 1 2021
Raymond Tang to leave BOCG Insurance
IAN understands the GM of Bank of China (Hong Kong)'s general insurance arm will depart mid-February.
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- February 1 2021
APRA’s 2021 spotlight falls on BI and reinsurance
Access to capacity from "critical" overseas reinsurers a priority, says latest policy guidance.
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- February 1 2021
Hong Kong’s marine sector looks to escape doldrums
Experts tell IAN that a long-awaited tax break and other reforms can transform the city into a maritime insurance hub.
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- January 29 2021
Philip Chan joins The Hartford in Hong Kong
The former Axa XL Greater China head left the specialty player in 2019.
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- January 29 2021
Chinese broker Tian Ruixiang storms on to Nasdaq
The Beijing-based firm jumped more than 1,000% on its debut amid GameStop surge.
