Country: Asia Pacific Page 317 / 500
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- March 31 2020
Digital L&H sales surge at Indian insurtechs amid virus spike
Jump in sales is hurting traditional players could be game-changing.
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- March 30 2020
AUB halts MGA Whittles deal amid Covid-19 uncertainty
The broking group has also withdrawn earnings guidance and deferred a dividend payment.
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- March 30 2020
More change for Asia’s re market as Sirius goes up for sale
The firm's Singapore operation is overseen by Monica Cramér Manhem.
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- March 30 2020
Indonesia’s BRI Life sale could fetch US$500m
Richard Li's FWD Group is on the list of potential acquirers.
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- March 27 2020
Surge in Thailand L&H purchases due to Covid-19
Two million coronavirus-related policies were sold in March alone.
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- March 27 2020
Australian SMEs hard hit by virus, forced to cancel policies
SME aggregator BizCover has seen cancellations increase by 51% over the last month.
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- March 26 2020
Hannover Re’s Eberhardt on Australia’s long, hot summer
Unprecedented claims from recent bushfires is showing the value of reinsurance.
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- March 26 2020
KB Financial likely acquirer of Prudential Life Korea
The US$1.8bn move would send a sign to rival Shinhan Financial, who acquired ING Life last year.
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- March 26 2020
Australia’s insurers mobilise Covid-19 responses
IAG, QBE, Suncorp and Zurich and others have implemented remote working measures.
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- March 26 2020
China Oceanwide’s US life deal still on
The US$2.7bn acquisition for Genworth Life has had years of regulatory hold ups.
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- March 25 2020
Singapore saw 7.6% GWP growth last year, but claims increased
The Lion City had a mixed 2019 with Covid-19 proving a tricky start to the new year.
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- March 25 2020
Australia’s regulators and associations eye Covid-19 relief
The government, APRA and ASIC have announced new measures to help businesses cope.
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- March 25 2020
Olympics cover under spotlight after postponement
The decision by Japan and the IOC is likely to have large implications for the event market.
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- March 24 2020
ZhongAn narrows losses to US$64m, sees premium boost
Insurtech bolstered by strong FY 2019 investment returns but failed to make an underwriting profit.
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- March 24 2020
India’s Acko secures more PE funding
Investment in the insurtech has surpassed US$100m despite an overall slowdown in deals.
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- March 24 2020
Lloyd’s Australia closes Sydney office amid Covid-19 outbreak
The move follows similar action in London as a result of the pandemic.
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- March 23 2020
CPIC’s profits climb 54% for 2019, warns on 2020 outlook
A strong rise in investment income bolstered earnings but Covid-19 will see growth stall.
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- March 23 2020
Hong Kong moves closer to ILS hub with government bill
New regulations move the SAR in line with other countries.
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- March 23 2020
Covid-19 compounds South Korea’s P&C challenges
The market has been under pressure for years with poor growth and underwriting results.
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- March 20 2020
Asia’s life players face major headwinds
Chinese and South Korean firms are particularly exposed to the economic uncertainty.
