Country: Asia Pacific Page 312 / 525
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- November 19 2020
ICA considers appeal after BI policy court blow
The Insurance Council of Australia is set to consult with its members.
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- November 18 2020
Indian insurtech Turtlemint bags new US$30m fundraise
The insurtech is looking to expand into second and third tier cities.
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- November 18 2020
Vietnam sees tepid P&C growth as 13th typhoon hits
It has been a tough time for the sector despite a rapid response to Covid-19.
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- November 18 2020
Lloyd’s Asia office to “reshape” as London 2021 review signaled
The marketplace is set to adjust for flex working, digital meetings while retaining the unique culture.
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- November 18 2020
Rates rise as Australia enters perilous summer nat cat season
La Nina, reduced capacity, expensive disasters and mitigation efforts are causing execs headaches.
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- November 18 2020
Korea’s insurers struggling to meet profit expectations: KIRI
The sector's returns are at a 10-year low in a saturated market.
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- November 17 2020
Bushfire season reignites as Bureau of Meteorology issues warning
A fire in Victoria, extreme heat and a damning scientific climate report see market on high alert.
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- November 17 2020
2019 Timaru hailstorm losses soar to US$117m: ICNZ
As the first year anniversary approaches, the claims bill is a significant increase over previous figures.
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- November 16 2020
Suncorp reserves US$90m for Covid claims, market awaits court ruling
The insurer is preparing for the worst after three months of lockdown in Victoria.
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- November 16 2020
Postponed Tokyo Olympics has significant digital risks
After the 2020 games were pushed back due to Covid-19, cyber and reputational risks are set to ramp up.
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- November 16 2020
CBIRC warns on “irrational exuberance” and “oligopolies”
A build up of debt in the financial system and a rush towards innovation are worrying the regulator.
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- November 13 2020
Chinese insurers eye US$1bn Tahoe Life deal: report
Ping An and Sunshine Insurance have been named as potential buyers.
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- November 13 2020
Broker arms race heats up after Miller sale
Private equity owners GIC and Cinven to pursue growth opportunities.
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- November 13 2020
Age of 5-year plan for insurers is “long gone”: FWD’s Huynh
The group CEO says digital models that integrate 'human factor' will succeed.
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- November 13 2020
Samsung insurers advance Korea ESG momentum
The life and P&C units have issued a "coal-free declaration."
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- November 13 2020
Global (re)insurance recovery to be led by China, rates: Swiss Re
(Re)insurance markets have been less severely impacted than expected.
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- November 12 2020
Asian insurance M&A to be reinvigorated in 2021
Clyde & Co and McKinsey give their forecasts for M&A strategy and growth ahead.
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- November 12 2020
Swiss Re’s Higginbotham calls to expand “entrepreneurial energies”
Swiss Re's Asia reinsurance leader reflects on SIRC and wants the market to attract new customers.
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- November 12 2020
ESG to become more significant for Japanese insurers
ESG is growing in importance for the domestic market, but hurdles remain says Moody's.
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- November 11 2020
Charles Taylor adds Marsh veteran to Australia team
Richard Lance brings with him 3 decades of market experience.
