Country: Asia Pacific Page 383 / 646
-
- November 26 2021
APRA to look for ‘evidence’ on risk management controls
APRA deputy chair Helen Rowell wants boards and senior management to avoid "mistakes of the past".
-
- November 26 2021
QBE linked to Zurich’s Australia GI operation – report
A report in The Australian suggests any deal could be worth around US$350m.
-
- November 26 2021
South Korea’s non-life insurers see net income jump 62.6%
This uptick was partly attributed to lower motor loss ratios due to the Covid-19 pandemic.
-
- November 26 2021
Rising tide lifts Asia’s share of marine premiums
China will soon overtake Greece as the biggest owner of marine vessels.
-
- November 26 2021
Insurtech Profile: Hong Kong’s Ignatica eyes organic growth
It provides solutions for over 30 types of products across life, P&C, individual and group insurance.
-
- November 25 2021
India’s Star Health eyes US$7bn IPO—report
Reuters report says the insurer is expected to list on the Mumbai stock exchange in December.
-
- November 25 2021
Indonesia’s Wahana Tata faces Covid rules hit: Fitch
The insurer's COR averaged at 97% between 2018-20 due to reduced motor claims following travel restrictions.
-
- November 25 2021
Sri Lanka’s P&C players face motor fee burden
Fitch report says a government charge on vehicles involved in traffic accidents may have to be reimbursed by insurers.
-
- November 25 2021
Axis Re’s Les Loh talks capacity and shifting risks
The firm's APAC president says more premium needed in the system after large China flood losses.
-
- November 25 2021
New Zealand’s Tower sees net profit climb 72% in FY2021
The frequency of large house claims, predominantly driven by fires, continued to increase in the second half of the year.
-
- November 24 2021
Taiwan’s non-life players benefit from benign nat cat experience
P&C insurers have recorded a five-year average net combined ratio of 95.6%, according to AM Best.
-
- November 24 2021
Q&A: Swiss Re’s Even on parametric solutions, accountability
Hong Kong-based analytics expert flags how AI can promote fairness and accountability in underwriting.
-
- November 23 2021
Lloyd’s launches retail parametric cyclone cover for Northern Australia
The initiative is led by Beazley with initial reinsurance support from Axa XL, Hiscox and RenaissanceRe.
-
- November 23 2021
WTW appoints Hong Kong and Macau leader
Ted Hodgkinson replaces Roger Steel who retired in September.
-
- November 23 2021
Asia’s reinsurance brokers in data, analytics push
The region’s P&C insurers are demanding better and faster information to help hedge their growing, ever more complex risks.
-
- November 22 2021
China Re’s underwriting result exposed to nat cats, motor reforms: AM Best
The reinsurer's domestic P&C business has been particularly impacted by deteriorating conditions in these two segments.
-
- November 22 2021
Tokio Marine’s H1 profit boosted by rates, Covid rebound
Net written premiums in the group's international non-life business increased 14.6% to US$5.94bn.
-
- November 22 2021
Sompo bumps profit target after H1 improvement
Global player increases net profit forecast by US$464m as Asia (ex-Japan) performance revised upwards.
-
- November 22 2021
Indonesia’s non-life insurers see Q3 slump
Income fell by 16% during the third quarter after a Covid surge in July.
-
- November 22 2021
Asia’s digital transformation needs the right tools
New technologies are redefining the traditional business of insurance meaning new skillsets are required.
