Country: Asia Pacific Page 342 / 517
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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.
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- January 14 2020
Liberty Mutual Re hires from Aspen Re in Singapore
Annie Leong will have local underwriting authority giving the firm a presence in the Lion City.
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- January 14 2020
Bleekrode promoted at KPMG for APAC role
He replaces Simon Donowho in the Hong Kong-based position.
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- January 14 2020
Another Indonesia state-owned insurer faces scandal
Asuransi Sosial Angkatan Bersenjata Republik Indonesia's (Asabri) stock portfolio took a 95% dive in 2019.
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- January 14 2020
BGC’s aviation broker hires Asia expert
The start-up broker wants Ian George to help grow a book in the region.
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- January 13 2020
How can models adapt to Japan’s typhoon risk?
The market needs to balance optimistic assumptions, multiple models and climate change.
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- January 13 2020
Scandal-hit Indonesian insurer has US$2bn deficit
Jiwasraya is under investigation for financial misconduct worrying policyholders.
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- January 13 2020
Regaining public trust is priority: new Japan Post CEO
Hiroya Masuda said regaining public trust and investor confidence are priorities.
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- January 13 2020
Australia’s bushfire claims manageable: Moody’s
Market underpinned by strong underwriting discipline as claims reach US$644m.
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- January 10 2020
Ed’s Hong Kong blues
Exit comes as Lloyd’s broker tries to turnaround its fortunes under BGC.
