Country: Asia Pacific Page 313 / 547
-
- May 18 2021
Axa’s Asia Assistance unit hit by cyber attack
The hack comes soon after the European insurer stopped underwriting ransomware payouts in France.
-
- May 17 2021
HKIA designates AIA, Prudential, FWD under GWS framework
Hong Kong joins Australia, Bermuda, Singapore and the UK by enacting group-wide oversight.
-
- May 17 2021
Gallagher’s China loss is Aon’s gain
The omission of China and HK from the Willis Re sale is a great deal for Aon.
-
- May 17 2021
Asia aviation premiums set for second half lift off
Brokers, insurers and reinsurers are set to recover some lost ground over the next six months.
-
- May 14 2021
Prudential sees new Q1 business profits rise 21%
The increase comes despite lower sales in Hong Kong and the impact of pandemic-related disruptions.
-
- May 14 2021
Thailand’s marine losses higher despite Asia trade slowdown
Overall losses for hull and cargo combined increased 10.3% in 2020.
-
- May 14 2021
Austbrokers acquires 50% stake in loss adjuster YDR
The engineering and surveying specialist has operations across Australia.
-
- May 13 2021
Japan earthquakes to cost (re)insurers US$1.29bn: GIAJ
Industry association says the February Fukushima EQ alone led to over 130,000 claims.
-
- May 13 2021
Samsung Fire & Marine sees Q1 profit jump 163%
Korea's largest P&C player saw investment income climb over 40% but didn't make an underwriting profit.
-
- May 13 2021
Gallagher agrees deal for Willis Re
The agreement excludes reinsurance assets in Hong Kong and China and helps Aon's purchase of WTW.
-
- May 13 2021
Asia’s flood risk landscape shaped by human intervention
Insurance experts stress climate change is not the only determining factor.
-
- May 12 2021
Sedgwick Asia director to join Charles Taylor: sources
Stephen Hope is set to join the adjuster's onshore energy and mining division.
-
- May 12 2021
Prudential Financial’s Japan unit blunted Covid-19 impact: Fitch
After several sales of Asian assets in the last 18 months, Japan is set to grow in importance.
-
- May 12 2021
Chubb promotes internal candidate to head Australia/NZ P&C
Chris Gough has been with the insurer since 2013 and previously led casualty operations.
-
- May 12 2021
Asia’s post-Covid construction stimulus to stretch capacity
Contractors' professional indemnity premiums are also increasing.
-
- May 11 2021
Zurich’s Min-Jie Ye to lead FWD GI Hong Kong: sources
IAN understands the head of HK specialty is set for a senior position at FWD General Insurance.
-
- May 11 2021
Allianz’s GI China JV underwriting performance to feel pressure: Fitch
Expansion into health market is key reason cited by the rating agency, but outlook remains stable.
-
- May 11 2021
Asia’s appetite for financial lines cover wavers
D&O rates harden amid SPAC fallout and increased regulatory scrutiny.
-
- May 10 2021
Asian Re’s loss ratio deteriorates as cat losses bite: AM Best
Underwriting results remain volatile with Asian Re's five-year average COR exceeding 125%.
-
- May 10 2021
NSW, Queensland floods to cost insurers US$827m: Perils
Private property largely covered but infrastructure, crops and livestock mostly uninsured in historic March nat cat.
