Country: Asia Pacific Page 380 / 585
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- September 15 2020
Labuan attracts first half captive boom
The Malaysian island territory is becoming more competitive on the global stage.
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- September 15 2020
Suncorp informs around 550 staff of job cuts
The brunt of the losses are expected to be in the banking arm.
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- September 14 2020
MGA Descartes Underwriting raises US$18.5m in Asia push
Chief executive of the French firm Tanguy Touffut wants to open an office in Singapore.
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- September 14 2020
Japan Post to resume sales after costly mis-selling scandal
The regulatory issue delayed a potential US$10bn government fundraising.
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- September 14 2020
Aon and McLarens warn on losses, reduced capacity in Asia’s aviation market
But there are tentative signs of recovery in the sector, after a torrid year so far.
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- September 12 2020
Singlife to merge with Aviva’s Singapore division
Combined firms will create one of the Lion City's largest life players valued at over US$2.3bn.
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- September 11 2020
Ping An Tech’s Huang to lead as CEO departs for Zurich
Former OneConnect CTO and COO steps up for the Chinese player.
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- September 11 2020
Hardening market benefits Lloyd’s Asia in “challenging year”
Uptick in demand for specialist capacity, as CEO John Neal reveals US$6.5bn pandemic claims estimate.
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- September 11 2020
Sun Life’s Dean Connor targets “more scale” in Asia
Global chief executive is interested in acquisitions and bancassurance partnerships.
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- September 10 2020
Chubb appoints leader of Japan’s P&C operations
The firm's Brazil COO is set to become regional president for its far east region.
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- September 10 2020
Market counts losses from multiple typhoons in Korea and Japan
Adjusters are surveying the damage, as a large ethane ship floods while it is being built.
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- September 10 2020
Shinhan’s capitalisation could “weaken” if it pursues M&A: S&P
Several of Korea's financial majors could be looking at buying Axa Korea.
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- September 10 2020
Ping An to invest “up to US$14bn” in tech R&D by 2030
Richard Sheng explains how the Chinese giant is planning to become a digital pioneer.
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- September 9 2020
Zurich rings the changes in digital push
The Swiss giant is ramping up investment as it seeks to create a more "personalised" service.
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- September 9 2020
AIA and Prudential in talks to invest in SEA’s Grab: report
The ride-hailing firm's financial services division is seeking to raise US$500m.
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- September 9 2020
Insurtech BIMA lands US$30m for Asia push
Investors include Allianz and China's CEFIF.
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- September 9 2020
Guy Carpenter targets Indonesia’s growing flood risk
APAC CEO Tony Gallagher says it impacts thousands each year, with significant cover gaps.
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- September 8 2020
Can the market rectify China’s low take-up of housing cover?
Leading players look to bridge a poor penetration rate through reforms and public partnerships.
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- September 8 2020
India prepared to offer up to 25% of LIC in IPO
One of the country's largest ever share offerings could become even bigger.
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- September 8 2020
Up to 10% of roles under threat in Suncorp restructure: report
The Aussie financial services firm employs 13,500 staff.
