Country: Asia Pacific Page 364 / 614
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- August 30 2021
Macau Insurance sees ‘positive’ 2020 results: AM Best
The non-life player's performance was driven by a better net loss ratio in its medical and motor business lines.
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- August 30 2021
Insurtech OneDegree raises US$28m and targets China, Singapore
The virtual insurer plans to move into human health and digital asset insurance and has global ambitions.
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- August 30 2021
India’s second wave causes health premium surge
Bajaj Allianz booked a 480% increase — but claims are also sky-rocketing.
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- August 30 2021
Asia’s life market sees new business fall 19.2% in 2020
Hong Kong saw the highest decline with a 56% drop while Indonesia was next on the list at 32%.
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- August 30 2021
Swiss Re CorSo’s former North Asia property head resigns
IAN understands that Vivian Zee is leaving next month while Gracie Qin is relocating to Hong Kong.
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- August 27 2021
Ping An’s net profit down 15.5% after China Fortune hit
The Chinese insurance giant promises to strengthen risk management after developer default impacts results.
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- August 27 2021
Aon appoints APAC reinsurance CEO and president
George Attard and Jeremy Goodman have been handed the roles amid a leadership reshuffle.
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- August 27 2021
The Hartford explores Asia growth opportunities
US insurer eyes expansion beyond Hong Kong and Shanghai for Lloyd’s syndicate.
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- August 27 2021
Toa Re overseas arms improve top-line but impact profitability
The Japanese reinsurer's overseas subsidiaries accounted for more than 25% of the firm's total premiums.
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- August 26 2021
Asia healthcare cover should reflect industry innovation: Lloyd’s webinar
Life science firms are increasingly in need of public liability, PI, medical malpractice and product recall cover.
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- August 26 2021
China Life’s H1 profits jump 34.2%
GWP growth at the life giant has been sluggish as the economy continues to recover from Covid-19.
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- August 26 2021
Asia energy rates feel the heat from oil prices, ESG and Covid
Lloyd's players highlight a moderate to stable market that has seen some double-digit increases.
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- August 26 2021
Insurance M&A in APAC falls 51% in H1 2021: Clyde & Co
While deal activity is up recently, APAC regulators can demand substantial capital increments as part of any transaction.
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- August 25 2021
HKIA report identifies US$880bn mortality protection gap
The findings translate to HK$1.9m per working adult -- around 5.7 times the average annual income.
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- August 25 2021
Peak Re sees H1 2021 GWP dip as profits rise
The Hong Kong-based reinsurer’s underwriting improved due to “portfolio adjustments” and “continued rate hardening in major markets”.
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- August 25 2021
Political violence rates face pressure as pandemic restrictions ease
SE Asia's economies have seen severe disruption amid ongoing lockdowns.
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- August 25 2021
PSC’s profits jump 22% in FY 2021
The Australian broking group says recent acquisitions and organic growth will drive FY 2022 results.
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- August 24 2021
Asia claims process needs better information sharing: Lloyd’s webinar
Newline and Beazley executives highlight areas for improvement.
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- August 24 2021
Nexus appoints Asia head of treaty reinsurance
Tan Chai Foo has joined from Malaysia's Progressive Insurance.
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- August 24 2021
Korea P&I Club’s balance sheet improves but risks remain
Rating agency report says the association bounced back to profitability in 2020 after some "unprecedented" claims in 2019.
