Country: Asia Pacific Page 315 / 525
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- October 27 2020
Creeping hailstorm losses are Australia’s latest market challenge
As claims from one event reach US$430m - data, analytics and reinsurance are climbing the agenda.
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- October 27 2020
Insurtech and GBA are market bright spots: HK’s IA chairman
Moses Cheng highlights the opportunities created by the current crisis.
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- October 27 2020
Japan’s 2050 carbon pledge to spur market into action
The nation is pivoting towards more committed climate policies, with huge implications for (re)insurers.
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- October 26 2020
Vietnam’s market braces for claims after “devastating” floods
Thousands of hectares of crops have been submerged.
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- October 26 2020
Asta-backed Lloyd’s syndicate-in-a-box targets US$25m GWP
It will start placing business in January and is aimed at mutuals in Australia and New Zealand.
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- October 26 2020
IAG’s growth sluggish as outgoing Harmer flags “challenging” H2
The firm's incoming CEO will take the reins after an exceptionally tricky period.
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- October 23 2020
QBE appoints veteran as interim global CEO
The search for a successor to Pat Regan continues.
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- October 23 2020
APAC’s insurers examining nat cat exposure as costs rise: S&P
Covering wildfires, typhoons and flooding is becoming riskier and more expensive.
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- October 23 2020
Suncorp’s Johnston keen to “capitalise on opportunities”
CEO hails firm's "strong fundamentals" at an investor presentation, despite the pandemic.
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- October 23 2020
NAB looks to offload NZ life arm as market exodus continues
The Australian lender's BNZ Life is back on the chopping block.
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- October 22 2020
Peak Re picks Swiss Re veteran for first economist role
Clarence Wong will help deliver strategic insights and thought leadership.
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- October 22 2020
Hong Kong’s IA bullish on fintech advantage
The pandemic has further highlighted the need for tech solutions, says the regulator.
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- October 22 2020
Indonesia defaults likely to dampen growth: Fitch
Insurers should refocus on corporate governance and risk management, says the ratings agency.
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- October 22 2020
McLarens’ Panes: Claims handling during pandemic “admirable”
The HK-based APAC COO speaks on regional expansion and adaptation.
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- October 21 2020
“Have a plan” for response to BI test case: ASIC
Australia's P&C insurers and Lloyd's coverholders need to coordinate action and communication.
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- October 21 2020
Slowdown means Malaysia’s P&C market to continue to take a hit
Pandemic disruptions are creating a long road to recovery for the sector.
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- October 20 2020
L&H market turns to Asia’s mental health risk amid Covid
Majors including AIA, Axa and Swiss Re are addressing an illness often excluded from health cover.
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- October 20 2020
Perils pegs Queensland April hailstorm losses at US$429m
Insurers experienced unusually late and significant claims development.
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- October 20 2020
South Korea is “important market”: bolttech’s Rob Schimek
FWD's sister firm has moved into its tenth country in APAC.
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- October 20 2020
Malaysia and Indonesia hold high potential: Aon
To achieve strong growth the broker says, it's best to look "beyond developed economies."