Country: Asia Pacific Page 295 / 491
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- July 13 2020
Tahoe Group exploring sale of Tahoe Life: report
A sale for the troubled Chinese conglomerate could raise US$1bn.
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- July 13 2020
ICA responds to bushfire enquiry as claims reach US$1.63bn
Rob Whelan, ICA’s chief executive, believes there are too many taxes to help consumers afford cover.
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- July 13 2020
India to launch pandemic risk pool
The government also restarted talks to set-up a nat cat risk pool in June.
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- July 13 2020
Philippines charts insurtech age with inaugural sandbox
The Insurance Commission hails it as a "pioneering moment."
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- July 10 2020
Japan’s majors to hike rates after paying out billions
Several years of major nat cats means price rises for fire insurance next year.
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- July 10 2020
People round-up: AIA, Aviva, HSBC Life, Pacific Life Re, TCS
Amanda Blanc is Aviva's new global chief executive as Maurice Tulloch leaves for personal reasons.
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- July 10 2020
Chinese motor reforms are “credit negative” for insurers: Moody’s
The regulator's sweeping changes could increase loss ratios from 60% to 75%.
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- July 9 2020
Indonesia to close Jiwasraya and “save policyholders”
The state says a new insurer will pay the troubled life player's over US$1bn of outstanding claims.
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- July 9 2020
ICA appoints interim president as Dransfield departs Suncorp
Gary Dransfield to leave the ICA position only seven months into a two year term.
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- July 9 2020
India’s insurers may power state start-up funds
National insurers (such as GIC and LIC) are seen as large reservoirs of untapped capital.
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- July 9 2020
Insurance Authority’s Cheung on HK’s regulatory path
The regulator wants to promote confidence in HK's market potential, and its cross-border tie-ups.
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- July 8 2020
QBE exits India as Paytm’s founder taps market
Vijay Shekha Sharma's purchase of QBE Raheja has seen another Australian insurer depart.
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- July 8 2020
Australian Open unlikely to obtain pandemic cover for 2021
The organisers of the January major haven't been given an option to renew.
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- July 8 2020
Japan’s torrential July rainfall manageable for P&C players
Loss estimates not yet released from the wild recent weather but Moody's isn't too concerned.
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- July 8 2020
Crawford welcomes new Taiwan country manager
The loss adjuster has handed the post to a director.
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- July 7 2020
GIC Re’s downgrade adds to Srivastava’s challenges
Underwriting losses and Covid-19 market volatility are undermining a return to profitability.
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- July 7 2020
India’s Paytm to acquire Raheja QBE in “all-cash deal”
India's payments giant makes a serious move into insurance.
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- July 7 2020
US$1.3bn market loss at peak of Australia’s bushfires: Perils
The provider has postcode level data for a seven day period of the 2019/2020 summer fires.
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- July 7 2020
Willis Re veteran to join Guy Carpenter in Australia
The exec had been with the broker for over 40 years.
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- July 6 2020
HK life players double down on GBA with agent hiring spree
Market players remain bullish about cross-border growth.
