Country: Asia Pacific Page 334 / 525
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- June 8 2020
IOC “in discussions” for Tokyo Olympics compensation
Munich Re and Swiss Re both have large exposures to the event.
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- June 8 2020
Bushfire Commission issues warning to Australia’s market
The government, insurers and scientists look to address the country's huge climate risks.
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- June 8 2020
South Korea eyes stricter supervision for financial conglomerates
There has been a regulatory loophole for years.
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- June 5 2020
FWD seals US$300m deal, CEO hails Indonesia as a “priority market”
The HK major announced the acquisition of Australia's Commonwealth Bank's division in 2018.
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- June 5 2020
India’s motor claims surge over 50% as traffic restarts
However the country is still in lockdown -- which has now surpassed 70 days.
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- June 5 2020
Covid-19 sparks demand for fresh capital
Market players are preparing for losses and eyeing opportunities, including in Asia.
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- June 4 2020
Munich Re’s Farny on preparing for future risks
The APAC exec reflects on growth opportunities, pandemic coverage, BI claims and typhoon season.
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- June 4 2020
Carlyle, T&D complete US$1.8bn Fortitude acquisition from AIG
The US major is set to receive US$2.2bn in sale proceeds.
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- June 4 2020
Tokio Marine upgrades renewables after GCube purchase
GCube is looking to expand into key Asia markets to underwrite renewable energy risk.
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- June 4 2020
Former QBE exec becomes Cover-More interim CEO
Cara Morton has replaced Hanno Mijer this week.
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- June 3 2020
Japan’s majors well placed to face Covid-19 fallout
As a recession looms, MS&AD, Sompo and Tokio Marine can count on strong, diverse businesses.
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- June 3 2020
RenRe to raise over US$950m in expansion drive
The P&C and specialty player, which has an APAC presence, sees opportunities amid Covid-19.
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- June 3 2020
Australia’s P&C market suffers 533% Q1 profit drop
Over US$600m of losses occurred from both nat cat claims and falling investment returns.
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- June 3 2020
Swiss Re CorSo selects APAC property and specialty lead
A long-serving company exec is moving from Chicago to Singapore.
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- June 2 2020
Vinod Krishnan to join JB Boda
The former Aon and JLT Re exec will support the broker's APAC reinsurance teams.
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- June 2 2020
Hong Kong’s life market in flux
All-important mainland sales have collapsed but there is hope for a bounce back.
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- June 2 2020
China’s Huize sees 40% GWP jump as CEO “optimistic”
The digital player's results follow its downgraded Nasdaq IPO in February.
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- June 2 2020
India to revisit nat cat pool following latest cyclone
Cyclone Amphan will likely trigger hundreds of millions of dollars in claims.
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- June 1 2020
HK market soars to US$21bn, “mounting pressures” to come
The Insurance Authority expects an economic downturn and market stress moving forward.
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- June 1 2020
AIG on hook for Pakistan plane crash: report
A Pakistan International Airlines plane crashed on May 22 killing 97 people.
