Country: Asia Pacific Page 302 / 516
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- November 30 2020
Japan’s P&C majors to bounce back in 2021: Fitch
Tokio Marine, MS&AD and Sompo more exposed to Covid-19 risk in overseas markets.
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- November 27 2020
Aussie BI losses to strain reinsurance relationships
Continued uncertainty around the ultimate loss and the nature of claims weighs on sector.
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- November 26 2020
MAS calls for more cooperation with China on catastrophe cover
Singapore’s regulator is targeting joint initiatives for flood-torn Chongqing.
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- November 26 2020
‘Significantly lower’ profits at Australia’s P&C players: APRA
It has been a tough 12 months for the sector as market enters perilous summer season.
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- November 26 2020
Greater China Willis Towers Watson director to leave
IAN also understands WTW has named a replacement to oversee the China financial lines portfolio.
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- November 26 2020
Ariel Re seeks expansion as sale closes for US$30m
The specialty (re)insurer has a clean energy team in Hong Kong.
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- November 26 2020
HKIA chair says GWS framework on track for H1 2021
The regulator is also set to publish its first risk and solvency assessment reports in June.
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- November 26 2020
Mitsui Sumitomo invests US$350m in insurtech Hippo
Japanese giant and US start-up ink partnership, which includes a reinsurance treaty.
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- November 25 2020
Willis Re appoints Cameron Hick for Australia director role
He joins from Partner Re and has previously worked at Munich Re in Australia.
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- November 25 2020
AIA conducting coal portfolio review as critics take aim
Climate groups say the Hong Kong life player’s policies do not go far enough.
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- November 24 2020
China’s Waterdrop raises additional US$150m from Tencent: report
Chinese giant increases stake in healthcare start-up which could be valued at US$4bn.
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- November 24 2020
Tower agrees US$29.5m settlement with EQC
The compromise ends almost a decade of uncertainty for shareholders.
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- November 24 2020
Pierre Balthazard and Daniel Neo step up for Sompo International
Rene Lamer has left the firm after more than 15 years of service.
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- November 24 2020
India paves way for downsizing LIC IPO
A proposed rule change could see the offering reduced to 5% amid liquidity crunch.
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- November 24 2020
PSC’s shares halted on ASX as fundraise expected
The acquisitive broker is looking for funds for more overseas deals.
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- November 23 2020
New Zealand’s Ohau fire claims surpass US$24m
It was one of the largest wildfires in the country's history.
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- November 23 2020
Typhoon Vamco causes significant damage to the Philippines
There are numerous infrastructure claims associated with the storm.
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- November 23 2020
China’s autonomous driving tech rings changes for insurers
New technologies being developed by Didi are disrupting the market's view of the future.
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- November 23 2020
IAG looks to raise US$550m to stem BI claim blow
The shares are being issued at a 7.5% discount.
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- November 20 2020
IAG most exposed after adverse BI ruling
Higher business interruption claims expected after surprise unanimous court verdict.
