Country: Asia Pacific Page 317 / 525
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- October 12 2020
Singapore’s cyber focus creates path for (re)insurers
The Monetary Authority of Singapore is clamping down on financial institutions through new rules.
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- October 9 2020
Senior Asia exec at Crawford joins McLarens
The Singapore-based director had been at the adjuster for a decade.
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- October 9 2020
Hong Kong’s insurers grapple with stress tests
Risk-based reporting is putting pressure on unprepared companies.
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- October 9 2020
Axa XL confirms senior Asia appointments
They are part of a division overseen by Xavier Veyry.
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- October 9 2020
Ping An’s Lufax files for US IPO
The firm was valued at US$39.4bn at the end of 2018.
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- October 8 2020
Typhoon Chan-hom approaches Japan
The weather system is expected to become a category 2 storm.
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- October 8 2020
MS Amlin’s William Ho sees “tougher renewal season”
Asia Pacific head reflects on the uncertainty brought about by Covid-19.
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- October 8 2020
Aussie insurtech backed by Japan’s Daido Life raises US$43m
Such partnerships are likely to become mainstream in the next three years.
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- October 7 2020
McLarens continues global adjusters’ APAC expansion
New Zealand deal is the latest in the region to build on local networks and expertise.
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- October 7 2020
As IAG confirms US$99m settlement, Allianz also faces penalties
Aussie insurers have come under increasing regulatory and public scrutiny in recent years.
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- October 7 2020
Demand could see Asia’s motor GWP increase US$30bn by 2023
China saw a 16% increase in new vehicle sales in July in this key market.
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- October 6 2020
Axa’s Thomas Buberl warns on climate risk complacency
The market needs to balance the immediate threat of the pandemic with longer-term risks.
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- October 6 2020
Australia’s P&C brokers’ GWP remained steady in first half
It remains to be seen if they can gain any growth in the second half.
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- October 6 2020
RBNZ recommences Insurance Act review
The long-planned review was postponed again this March due to pandemic interruptions.
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- October 5 2020
Allianz Malaysia in strong position: AmInvestment Bank
GWP at the firm's life and P&C arms have been growing well ahead of the market average.
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- October 5 2020
Australia BI test case nears completion and decision
The ICA notes a "swift determination" will provide "greater clarity" for insurers, regulators and customers.
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- October 5 2020
IAG’s incoming CEO to simplify and refocus as challenges mount
Nick Hawkins has his work cut out, but the new leader has a battle plan.
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- October 2 2020
Manulife moves HK-based exec to Malaysia CEO role
The leader has significant bancassurance and digital experience.
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- October 2 2020
McLarens secures major acquisition in New Zealand
The deal will significantly expand the global loss adjuster's operations in the Pacific.
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- October 1 2020
Australia’s insurers brace for wet summer as La Nina declared
The weather pattern will have differing results depending on the part of the country.
