Country: Asia Pacific Page 409 / 564
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- August 12 2019
30 dead and billions in losses as typhoon slams China
Economic losses from Typhoon Lekima amount to at least US$2bn.
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- August 12 2019
400,000 Australians asked to review NAB lawsuit
Law firm Slater and Gordon believe thousands more customers could be involved in class action.
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- August 12 2019
Indian Bank signs P&C deal with Chola MS
The agreement with Mitsui Sumitomo's JV comes hot on the heals of deal with SBI Life.
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- August 9 2019
Taiwan considers life support
A new proposal could force the island’s life insurers to raise equity capital.
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- August 9 2019
Well Link enters Hong Kong life market
The smaller Hong Kong player has entered the crowded life sector.
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- August 9 2019
Prudential rolls out AI-powered app
The health app shows how insurers' offerings are becoming more sophisticated in the region.
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- August 9 2019
Super Typhoon Lekima threatens China and Taiwan
Claims professionals will on high alert as businesses shutter in Taiwan and the storm could even hit Shanghai.
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- August 8 2019
IAG’s profits hit by nat cats but bolstered by Asia sales
Insurance Australia Group exceeded its annual nat cat allowance but booked a profit of US$135.6m from selling Thailand and Indonesia arms.
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- August 8 2019
Markel’s Asia MD confident as GWP climbs 34%
Christian Stobbs sees opportunities for growth in the region despite the US-China trade war.
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- August 8 2019
SBI GI is latest IPO to be postponed in India
IAG's impending stake exit has been blamed for the delay to SBI General's IPO.
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- August 8 2019
Allianz drops consumer credit lines in Australia
Following intense regulatory scrutiny the German giant has decided to exit the market.
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- August 7 2019
PBOC shows regulatory teeth to non-financial firms
A holding company license rule from the People’s Bank of China could help prevent contagion risk.
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- August 7 2019
SBI Life and Indian Bank sign distribution pact
The life major will benefit from the scale of over 2,800 branches.
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- August 7 2019
New South Wales flood study could reduce premiums: ICA
The Insurance Council of Australia sees value in a detailed study of over 21,000 land parcels.
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- August 7 2019
Japan’s majors to raise motor rates
The 3% rise will come as claims inflation is set to rise in the country.
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- August 6 2019
David Lim leaves Brit for Ed in Singapore
He will lead Ed's retail division in Singapore and its Asia-Pacific marine division.
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- August 6 2019
Australian broker Coverforce goes to court over bid
Management, which owns 51%, upset after rival broker AUB announces US$100m plus acquisition.
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- August 6 2019
No-deal Brexit could benefit Hong Kong and Singapore
The scenario could see insurers and reinsurers relocate business to Asia, according to an EY survey.
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- August 5 2019
Will storm pilot help Macau’s SMEs?
The Monetary Authority of Macau has teamed up with five insurers and a reinsurer to help protect SMEs from powerful typhoons and storm surges.
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- August 5 2019
Munich Re’s Steven Chang becomes Greater China CEO
The senior exec helped establish the reinsurer's China operations in 2007.
