Country: Asia Pacific Page 295 / 516
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- January 29 2021
Crawford appoints new Singapore country manager
Arne Eisfeld joins from AGCS where he served as APAC head of marine hull.
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- January 29 2021
Australia cyber premiums to continue upward trajectory: Marsh
Rates recorded increases of 15-20% throughout 2020 with 'silent cyber' a key concern.
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- January 28 2021
China, India insurtechs raise over US$270m in Q4 2020: WTW
Global fundraising hit an all-time annual high of US$7.1bn.
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- January 28 2021
Zurich appoints Jim Qin as new HK GI chief
Incumbent Penny Seach to become EMEA chief underwriting officer.
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- January 27 2021
United India, National and Oriental to get capital boost: report
The state-run P&C players need help meeting solvency requirements.
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- January 27 2021
Peak Re’s Lawrence Cheng to leave: sources
The departing managing director has been with the reinsurer since it was founded in 2012.
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- January 27 2021
Asia political risk capacity to rise
Experts tell IAN that Hong Kong and Thailand are likely to see further rate increases.
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- January 26 2021
CBIRC updates solvency regulations
The revised rules come into force on March 1.
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- January 26 2021
Suncorp joins chase for CommInsure: report
A bid from rivals IAG or QBE would likely face a myriad of challenges.
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- January 26 2021
AUB refocuses as competition heats up down under
Altius disposal comes amid Aon/WTW merger and Howden’s market entry.
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- January 25 2021
ZA Bank gets HK agency license
ZhongAn has broadened its insurance presence in the SAR via a subsidiary.
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- January 25 2021
Hong Kong Life up for grabs again: report
The US$500m valuation is significantly lower than a 2018 bid by First Origin International.
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- January 25 2021
Peak Re’s Clarence Wong on global supply chain risk
The reinsurer's chief economist also discussed the use of PPPs for events such as the Tokyo Olympics.
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- January 22 2021
Indonesia gets US$500m World Bank disaster loan
The government agreed a US$770m risk financing initiative with a consortium of (re)insurers in 2019.
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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.