Country: Asia Pacific Page 341 / 490
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- June 26 2019
AIA changes leaders in Indonesia and Malaysia
Sainthan Satyamoorthy to replace Ben Ng in Indonesia as both are promoted.
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- June 25 2019
Nippon Life diversifies with Myanmar stake purchase
The Japanese giant is one of the first to formalise a joint venture in the country.
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- June 25 2019
Six PE firms compete for IAG’s SBI stake
A 26% stake in India's SBI General Insurance is up for sale.
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- June 25 2019
Sompo Japan to cut workforce by 4,000
The cuts over the next two years come after a challenging 12 months for Japan's P&C firms.
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- June 24 2019
Adani’s coal mine obtains cover despite backlash
The controversial Carmichael project in Queensland has insurance despite majors vowing to stay away.
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- June 24 2019
Malaysia to regulate aggregators under FSA
Bank Negara Malaysia in inviting feedback on the Financial Services Act proposal.
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- June 24 2019
AIG pulls HNW cover in New Zealand
The insurer has decided to stop all high-net-worth coverage from the end of next month.
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- June 24 2019
New Zealand oil drilling cover could rocket
Analysis suggests an oil spill in the Taranaki basin could cost as much as NZ$926m (US$610.4m).
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- June 21 2019
Indian premiums defy weak economy
The country’s insurance market is up 24% so far in 2019, driven by a return to growth for LIC.
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- June 21 2019
Sydney hailstorm property losses reach US$530m: Perils
The December storm is one of the largest hailstorm losses ever recorded.
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- June 21 2019
Sally Wan promoted to Axa Hong Kong CEO
Axa Hong Kong's chief strategy officer is replacing Paris-bound Etienne Bouas-Laurent.
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- June 21 2019
HDFC plans to merge two Munich Re-backed insurers
HDFC's acquisition of a majority stake in Apollo Munich Health could unite two insurers.
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- June 20 2019
Australian motor add-on refunds top US$89m
The Australian Securities and Investments Commission has issued more refund requests over poor practice.
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- June 20 2019
SBI Life’s CIO urges equities profit taking
It is a good time to profit take according to Gopikrishna Shenoy.
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- June 19 2019
Tracking nat cat risk in real-time
A collaboration between an insurer, broker and university in Japan offers insight into building damage.
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- June 19 2019
Tata AIG strikes deal with IDBI Bank
Move comes hot on the heals of agreement with Max Bupa.
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- June 19 2019
AIA’s Sri Lanka CEO agrees Hong Kong group role
Promoted Pankaj Banerjee to be replaced by Nikhil Advani in Sri Lanka.
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- June 19 2019
ICA concerned over New South Wales’ budget impact
The Insurance Council of Australia feels insurance taxes and levies will hit householders.
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- June 18 2019
Tokio Marine targets M&A in India and Thailand
The Japanese giant is looking for significant overseas growth.
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- June 17 2019
India’s long-term attraction
The country is an appealing investment destination as industry body calls for 74% foreign ownership cap.
