Country: Asia Pacific Page 303 / 572
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- January 6 2022
Malaysia’s regulator issues digital licensing discussion paper
Central bank initiative has a proposed minimum capital requirement of US$9.5m and includes the takaful market.
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- January 6 2022
WTW appoints former Marsh adviser as head of Indonesia
Kameswara Natakusumah joined the broker at the beginning of January in Jakarta.
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- January 6 2022
Asia 1.1 renewals disappoint
Capacity held firm but the market showed some resistance in China and in retro.
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- January 6 2022
Q&A: Peak Re’s Clarence Wong on claims’ inflation and cyber risk
The chief economist says the insurability of new risks such as cryptocurrencies will improve.
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- January 5 2022
Miller hires former Howden director to lead marine practice
Nick King joined the specialist broker this week and is based in Singapore.
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- January 5 2022
API opportunity opens up in Hong Kong
Execs at Axa and Manulife are hopeful a speedy open API regulatory framework can reap dividends.
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- January 5 2022
Japanese insurers struggle with overseas volatility
Non-life premiums from Asia Pacific declined by 11.2% as Covid restrictions took hold.
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- January 4 2022
India’s regulator issues guidelines on surety insurance
IRDAI's new rules include a 10% cap on GWP and come into force on April 1, 2022.
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- January 4 2022
CBIRC’s latest C-Ross rules could further squeeze market
Implementation of phase 2 starts in Q1 2022 and could hamper credit and surety premium growth.
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- January 4 2022
Allianz’s Anusha Thavarajah on growth and risks in Asia
The insurer has aggressive targets for the entire region, says APAC CEO.
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- January 3 2022
Sri Lanka’s HNB General Insurance picks new CEO: report
Sithumina Jayasundara was previously the COO and is president of the Sri Lanka Insurance Institute.
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- January 3 2022
Tokio Marine appoints Asia CEO
Masahito Hirai has switched from the firm's Malaysia operations to be based in Singapore.
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- January 3 2022
What to expect in 2022
Inflation, climate, cyber, supply chains and digital disruption will remain atop of insurers' to-do lists in the year ahead.
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- December 31 2021
India identifies ‘systemically important’ insurers for 2022
GIC, LIC and New India have been deemed "too big or too important to fail' by the regulator.
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- December 31 2021
China Life (Overseas) eyes Asia expansion: Moody’s
The Shenzhen-based SOE already has operations in Hong Kong, Macau, Singapore and Indonesia.
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- December 31 2021
HSBC gets regulatory nod to buy out China life JV
Regulatory approval comes around 18 months after the deal was first announced in May 2020.
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- December 31 2021
Japan’s ‘Big Three’ primed for SE Asia growth
Sompo, Tokio Marine and MS&AD have all launched a number of initiatives in Thailand, Vietnam and Singapore this year.
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- December 31 2021
Philippine broker premiums hit US$1.44bn in 2020
Aon topped the list placing around US$260m in premiums followed by Marsh, BDO Insurance and Lockton.
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- December 30 2021
Malaysia’s life, takaful firms offer flood relief measures
Grace periods for premium and contribution payments will be extended from the usual 30 days to a longer timeframe.
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- December 30 2021
HKIA formalises ILAS assessment
The Hong Kong Federation of Insurers welcomed the move saying it could boost the linked long term market.
