Country: Asia Pacific Page 332 / 517
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- April 16 2020
Korea Development Bank edges closer to life sale
Local private equity player PE firm JC Partners is thought to be in the running.
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- April 15 2020
QBE targets US$825m equity raising to buffer reserves
CEO Pat Regan acknowledges an "extraordinarily difficult" environment.
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- April 15 2020
Iffco Tokio General Insurance promotes Rashtrawar to CEO
Anamika Roy Rashtrawar has been promoted from whole-time director at the company.
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- April 14 2020
Is China’s GWP bouncing back from Covid-19?
Sales growth paused in February but is recovering in many provinces.
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- April 14 2020
Prudential Life Korea sold to KB Financial for US$1.9bn
The domestic financial group has won out after a bidding war.
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- April 14 2020
Markel picks ex-QBE exec Bo Yu as head of claims Asia
He will oversee claims across Hong Kong, India, Labuan and Singapore.
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- April 14 2020
Indonesia worst hit from March’s Asia nat cat activity
Over 30,000 homes were destroyed or damaged according to Aon.
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- April 9 2020
Prudential benefits from HK regulation over dividends
The switch to Hong Kong oversight has taken the pressure off as peers suspend payouts.
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- April 9 2020
Veronica Grigg becomes Asia president at Crawford
Former ArgoGlobal exec replaces Mike Campbell-Pitt who becomes chief technical officer.
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- April 9 2020
Former AGCS exec joins RKH Specialty as Asia Pacific CEO
Paul O'Neill will succeed Stuart Beatty, who moves into a reinsurance leadership role with RKH.
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- April 8 2020
Peak Re acquires Bermuda ILS player Lutece Holdings
Chief executive Franz Josef Hahn eyes opportunity to enhance third party management capibilities.
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- April 8 2020
Asia’s market leaders adapt to Covid-19
The crisis is an opportunity to think out of the box - including returning premiums.
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- April 8 2020
IAG’s Peter Harmer to leave at end of 2020
A nine-month transition period and search for a chief executive has commenced.
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- April 8 2020
Axa XL’s Jason Harris to oversee QBE’s Asia arm
The move will happen in Q4 as Richard Pryce makes plans for retirement in 2021.
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- April 7 2020
BI claims expected after HK and Singapore shutdowns
Claims to spike in Asia as governments act, while US firms consult lawyers.
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- April 7 2020
Markel bolsters marine team in Hong Kong and India
Underwriters Danielle Yu and Nitin Marathe to work with head of Asia marine Chris Fordham.
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- April 7 2020
India’s life players won’t include ‘force majeure’ clause
Life Insurance Association confirms the market will pick up the cost of deaths from Covid-19.
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- April 7 2020
ICA forms NSW disaster agency led by fire commissioner
ICA's head of operations Karl Sullivan says it will focus on risk mitigation and recovery.
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- April 6 2020
India tweaks reporting requirements as Covid-19 cases ramp up
The regulator will let annual returns be delayed by up to 60 days.
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- April 6 2020
Allianz, QBE and Suncorp unite for SME relief
Majors roll out support measures during Covid-19 following IAG's announcement last month.
