Country: Asia Pacific Page 335 / 517
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- March 18 2020
AMTD’s insurtech plans ramp up with PolicyPal deal in Singapore
Majority stake in the digital broker will help create a South-East Asia platform.
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- March 17 2020
Sedgwick’s James Ong on claims handling in Asia
The global loss adjuster is seeing a spike in regional demand.
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- March 17 2020
QBE confirms 200 job cuts in Australia Pacific arm
The Australian insurer is undergoing an operational streamlining under Pat Regan.
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- March 17 2020
Prudential Life Korea sale set for three-way tussle
The main bidding will take place later this week.
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- March 16 2020
Japan Post finds more improper conduct, halves new hires
The group is undergoing an internal investigation of sales misconduct.
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- March 16 2020
Hong Kong’s market grew 9% in 2019 amid protests
P&C and life premiums were US$74.6bn, as economic instability hit second half sales.
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- March 13 2020
Covid-19 declared catastrophe in Australia
The Insurance Council of Australia has launched a special taskforce to deal with virus-related claims.
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- March 13 2020
Hyundai Insurance China’s US$158m sale approved
Didi Chuxing and Legend Holdings are behind the moves for the P&C (re)insurer.
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- March 12 2020
AIA posts solid 2019 result, but warns of disruption ahead
Outgoing CEO Ng Keng Hooi said the group was bolstered by sales in Mainland China.
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- March 12 2020
Swiss Re India appoints Hadi Riachi as CEO
Riachi will succeed G. Satish Raju on April 1.
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- March 11 2020
How digital is shaping Asia’s P&C claims
Tech such as AI is transforming personal lines which could translate to commercial.
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- March 11 2020
Strong weather pattern contributed to Australia’s bushfires
Indian Ocean Dipole partly to blame for extent of the disaster which has caused huge losses.
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- March 11 2020
Hong Kong’s BEA may sell insurance arms: report
The move could generate over US$1bn and the firms could be snapped up by global players.
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- March 10 2020
Vinod Krishnan to exit Guy Carpenter
Krishnan will leave the broking giant at the end of the month.
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- March 10 2020
Zurich Malaysia’s takaful arm switches P&C CEO
Nazrul Hisham Abdul Hamid has taken over from Zuhairi Ismail.
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- March 9 2020
Aviva’s departure from Indonesia adds to shake-up
Maurice Tulloch's move comes after six years amid market turbulence and differs from foreign rivals.
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- March 9 2020
Australia’s summer losses climb to US$3.3bn, says APRA
The number of extreme weather events for the market is likely to increase in future.
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- March 9 2020
Aviva agrees Indonesia exit
The UK firm has sold its stake in Astra Aviva Life - subject to regulatory approval.
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- March 6 2020
FWD promotes Abhishek Bhatia to group digital partnership role
As a result Khor Kee Eng has become chief executive of FWD Singapore.
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- March 6 2020
Discipline needed in re market after Hagibis losses
Rating momentum from January needs to continue after more Japan turmoil.