Country: Asia Pacific Page 336 / 511
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- January 22 2020
Munich Re picks former AGCS exec as head of claims Australasia
Derek Martin has taken on the role at a busy time.
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- January 21 2020
Samsung due for reshuffle; life CEO may step down
The Korean conglomerate conducts an annual reshuffle of its leadership.
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- January 21 2020
Australia bushfire claims at US$970m as hailstorm hits
More extreme weather to strain Australia's insurers.
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- January 21 2020
PSC’s Lloyd’s acquisition performing well
Paragon's EBITDA is exceeding targets.
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- January 20 2020
Has P&C capacity tightened after exits?
Greater demand and alternative capital bolsters Asia's re market after ACR and other withdrawals.
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- January 20 2020
PE players, KB and Fubon bid for Prudential Life Korea
The sale is valued at an estimated US$1.7bn.
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- January 20 2020
Zurich appoints two senior execs in Australasia
The firm has made one internal switch and a hire from IAG in claims and underwriting.
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- January 20 2020
India’s National Insurance to discuss three-company merger
Three struggling state-owned P&C players are expected to merge soon.
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- January 17 2020
Liberty Mutual Re’s hire in Singapore flags Asia ambition
The move comes at an opportune time.
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- January 17 2020
Jiwasraya’s bailout rocks Indonesia
The government wants to reassure the wider financial market after huge losses.
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- January 17 2020
China’s Fosun mulls sale of German run-off arm: report
The conglomerate may be looking to offload run-off player Frankfurter Leben.
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- January 17 2020
China to lift foreign equity cap for all life players by April
US-China trade deal classifies life, health and pensions as separate sectors causing confusion.
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- January 17 2020
Singapore Strait robbery incidents hit four-year high
The increase in activity shows the challenges of risk management in the marine market.
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- January 16 2020
Korean Re targets China with Shanghai branch
The reinsurer will further its presence in the world's second largest market.
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- January 16 2020
Allianz China Holding opens in Shanghai
It is the first wholly foreign-owned insurance holding company in the country.
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- January 16 2020
India approves 33 insurtech proposals under sandbox scheme
The country's regulator received over 170 proposals.
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- January 15 2020
Market hedged against Australia’s long, hot summer
The risk transfer policies of leading insurers means the sector will bounce back.
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- January 15 2020
India’s regulator disciplines brokers in US$42m fraud: report
Tata AIG reportedly forced to exit an Indian crop scheme after heavy losses.
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- January 15 2020
Philippines to relaunch P&C state protection bid
The timetable to arrange US$19.6bn of reinsurance nat cat cover has yet to be finalised.
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- January 15 2020
Australia’s bushfire bill edges towards US$1bn
Furthermore a sharp increase in claims is expected this week.