Country: Asia Pacific Page 313 / 490
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- February 10 2020
Prudential seeks full control in China: report
British insurer is in a joint venture with Citic and any move would follow regulatory changes.
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- February 10 2020
Flooding and Cyclone Damien add to Australian insurers’ woes
The storm and other downpours will bring more claims but could help contain the bushfires.
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- February 10 2020
Australia’s ProRisk signs binder deal with Swiss Re CorSo
The move replaces Lloyd's paper at the underwriting agency.
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- February 7 2020
MS Amlin shake-up comes to Asia
A more hands-on approach is needed as Will Ho takes on leadership.
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- February 7 2020
Indonesia relaxes foreign ownership, steps up bailout
Capital injections easier as a holding company is set-up to allay market fears.
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- February 7 2020
Japan and Singapore team up for Asia nat cat risk scheme
The protection programme will support lower income countries.
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- February 7 2020
Scor reduces China exposure and reveals Hagibis hit
The French giant also revised its Typhoon Faxai impact and cut its P&C global 1.1 renewal book.
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- February 7 2020
Prudential appoints emerging markets, Singapore CEOs
Wilfred Blackburn moves back to Hong Kong and Dennis Tan joins from OCBC Bank.
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- February 6 2020
Hannover Re’s renewals boosted by APAC growth
The German player has "substantially" increased P&C positions with stable pricing and conditions.
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- February 6 2020
China’s majors to post large 2019 profits amid coronavirus
Expect some stellar profit increases after tax cuts and higher investment returns.
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- February 6 2020
8 insurers charged with violating Philippine Competition Act
Entities found to have entered into anti-competitive agreements to face fines.
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- February 6 2020
IAG creates strategy and innovation arm
Julie Batch has been promoted to head the division.
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- February 5 2020
Will Thailand’s motor market turnaround in 2020?
High repair costs and fierce competition are squeezing margins but rate hardening has begun.
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- February 5 2020
Will Ho replaces Simon Clarke to lead MS Amlin Asia
Head of reinsurance Asia to step up as Clarke steps down.
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- February 5 2020
Cyclone threatens Australia as summer claims hit US$1.46bn
Cyclone Damien would be the third tropical storm of a wild weather season for the market.
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- February 5 2020
Philippines to develop nat cat risk pooling facility
The facility could make catastrophe protection for privately-owned assets compulsory.
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- February 5 2020
Miramar Underwriting Agency opens Perth office
The agency is targeting brokers in Western Australia with Grant Bowen as manager.
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- February 4 2020
Coronavirus impact limited for insurers so far: Moody’s
China declares all treatment expenses will be covered by public health funds.
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- February 4 2020
Australia’s Blue Zebra continues partner search
The agency is looking to replace Zurich as its personal lines underwriter.
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- February 4 2020
BMS Australia boosts financial lines with Gallagher hire
Kirsty Kennell-Webb joins from rival in Sydney.
