Country: Asia Pacific Page 328 / 500
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- December 23 2019
2018 Sydney hailstorm property losses at US$550m
The figures from Perils show claims have risen 4% and show a better understanding of hail risk.
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- December 23 2019
Claims expected as village almost destroyed in NSW
The devastation is yet another set back for residents, firefighters, authorities and insurers.
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- December 23 2019
The year in review: 12 market highlights
InsuranceAsia News reflects on some key moments in a busy year across the region.
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- December 23 2019
ZhongAn’s GWP approaches US$2bn
The Chinese digital player is growing fast but needs to ensure profits keep up.
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- December 20 2019
Hong Kong resolves to kickstart ILS in 2020
No fireworks, but 2020 will start with a bang for the city’s insurance sector.
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- December 20 2019
Not-so-incredible India
P&C players are struggling to grow profits amid rising claims and costs.
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- December 20 2019
Japan Post CEO may resign after sales scandals
Masatsugu Nagato is weighing resignation as the firm could soon be ordered to halt certain operations.
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- December 19 2019
QBE’s rates rise but underwriting hit by US claims
A year of mixed fortunes at the Aussie major could see a combined ratio miss.
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- December 19 2019
90% profit drop for India’s general market
After-tax profits fell to US$96m, compared to US$972m in 2018.
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- December 18 2019
Compliance costs surge at Australia’s P&C majors
This year's Royal Commission report and risk governance are top of the agenda.
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- December 18 2019
Collapsed CBL racks up additional charges
New Zealand's Fraud Office and Financial Markets Authority accuse the firm of serious wrongdoing.
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- December 18 2019
Japan Post ordered to halt several operations: report
The giant, accused of mis-selling, will be stripped off its ability to run in certain areas by the FSA.
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- December 18 2019
China Re authorised for Hong Kong division
The new state-owned subsidiary should be given final regulatory approval by year-end.
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- December 17 2019
Manulife’s Damien Green to replace Guy Mills in HK
Veteran Mills will become chairman of the board at the international operation.
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- December 17 2019
Dajia, formerly Anbang, to finalise 35% bank stake sale
China's government is also still looking to sell all, or part, of its 98% stake in Dajia Insurance.
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- December 17 2019
Faxai and Hagibis contribute to US$155m Mapfre hit
Major's solvency and capital position remains strong, despite the costs from Japan.
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- December 17 2019
Further damage in New South Wales as 20 buildings destroyed
Extreme heat and continuing fires mean Australia's battle this summer is far from over.
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- December 16 2019
How will the CIB adapt to the new regulatory era?
Patrick Chan, the new chairman of the Hong Kong broker association, shares his vision.
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- December 16 2019
MAS joins Singapore conduct committee
A steering group, including the largest associations, has been established in Singapore.
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- December 16 2019
Claims expected after earthquake in Philippines
The earthquake happened on the country's second largest island.
