Country: Asia Pacific Page 309 / 525
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- December 11 2020
GIC Re eyes underwriting profits amid investing woes
State-owned reinsurer's combined operating ratio overseas in H1 was 122% compared to 113% at home.
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- December 10 2020
Axis Bank seeks CCI approval for stake hike in Max Life
Move comes after insurer's parent share swap deal with Mitsui Sumitomo given green light.
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- December 10 2020
MAS issues environmental risk framework for insurers
Guidelines issued as Singapore seeks to be a global center for green finance.
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- December 10 2020
Philippines to relaunch state reinsurance scheme in 2021
The state-run programme has failed to gain traction since its initial launch in 2019.
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- December 10 2020
Asean M&A 2020 review
Aviva, FWD, Gallagher, Singlife and Tokio Marine closed noteworthy regional deals.
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- December 9 2020
MS&AD completes acquisition of CBA’s BoComm Life
Japanese insurer finalises long awaited China deal.
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- December 9 2020
CBIRC head flags digital P&C growth
Insurtech set for more oversight as premiums increase by 44% in H1 2020.
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- December 9 2020
Australia’s D&O pricing outlook ‘uncertain’ after 2020 surge: Marsh
Several ASX companies have seen average cost increases in excess of 200% compared to last year.
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- December 8 2020
Australian insurers to appeal adverse BI decision
Insurance Council of Australia to challenge NSW ruling on Covid-19 claims in the High Court.
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- December 8 2020
Zurich’s HK chief warns of ‘serious interruptions’ over US-China tensions
Washington’s blacklist of Chinese firms is making insurance arrangements and underwriting tougher.
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- December 8 2020
Marsh’s New Zealand and Pacific specialty leads to swap roles
Josh Roach and Marcus Pearson will make the moves.
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- December 7 2020
Guy Carpenter appoints new Japan head
Pietro Toffanello to relocate from London to Tokyo, and joins from Gen Re.
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- December 7 2020
Australia should increase flood mitigation: Geneva Association, IAG
Government’s current approach heavily predisposed to response and recovery.
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- December 7 2020
Insurtech partnerships to drive Asia’s digital acceleration
Q3 saw significant deals inked in China and Indonesia.
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- December 7 2020
Generali GC&C appoints new Asia financial lines head
Zaid Alami joins the Italian insurer in HK after relocating from Dubai.
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- December 4 2020
DouBao, EasiTech, Ignatica eye digital sales platform
Insurtechs target US$5bn in new GWP sales per year taking Amazon and Netflix as inspiration.
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- December 4 2020
Sedgwick rings Asia management changes
Singapore chief executive David Seng takes on regional role.
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- December 4 2020
Vietnam claims to soar as nat cat toll hits US$1.3bn
Nine typhoons in the last two months have caused significant flooding to homes and businesses.
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- December 4 2020
Covid-19 widens India’s digital gap
Private P&C insurers are winning market share from public sector rivals thanks to digital innovation.
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- December 3 2020
RBNZ accuses Pacific International of ‘further’ breaches
New Zealand regulator escalates its response to ongoing compliance failures.
