Country: Asia Pacific Page 458 / 627
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- December 2 2019
MAS to repeal Lloyd’s Singapore broker scheme
Singapore-authorised brokers will be required after 2022 for underwriters outside of the Lion City.
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- December 2 2019
Acko raises US$16m as Indian insurtech boom accelerates
The funds follow a March injection of US$65m and is one of many recent deals.
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- December 2 2019
Labour gender parity worth US$2.1tn GWP: Swiss Re’s Gilchrist
Equal level of pay and work would also help narrow the Asia health protection gap.
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- November 29 2019
Prudential Financial eyes South Korea life sale: report
A potential deal could be worth US$1.7bn.
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- November 29 2019
Asia’s first sovereign cat bond
The listed bonds are another important step for the region's ILS market.
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- November 29 2019
Zurich targets Asia growth
Deal for Indonesia's Adira signals region is firmly in CEO Mario Greco’s plans.
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- November 29 2019
Willis Towers Watson appoints Indonesia leader
Luke Ware, head of corporate risk and broking in the country, will oversee 140 colleagues.
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- November 29 2019
Myanmar gives green light to 11 foreign players
Issuance of operational licences will breathe life into the market.
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- November 28 2019
Zurich secures Adira P&C deal in Indonesia
The Swiss giant has become the largest international P&C player in the country.
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- November 28 2019
Mapfre finalises Philippines’ capital requirement
The Spanish insurer has complied with revised regulations.
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- November 28 2019
South Korea’s insurers braced for tough 2020: Fitch
Domestic players are bracing for a challenging 2020, after a fiscally difficult 2019 so far.
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- November 27 2019
Japan’s typhoons spur sophistication
The market wants to improve, whatever mother nature throws at it.
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- November 27 2019
Sun Life inks US$75m Vietnam bank deal
Asean president Leo Grepin says the deal with TP Bank will provide access to 2.5m customers.
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- November 27 2019
AIG sells majority of Fortitude Re to Carlyle and Japan’s T&D
The US$1.8bn deal will see the Bermuda-headquartered run-off firm become independent.
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- November 27 2019
Axis pegs Hagibis losses at US$90m to US$110m
The specialist player has around 1% of the market costs of the storm.
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- November 27 2019
IAG’s Phuong Ly to join QBE as chief underwriting officer
Ly is set to join the QBE team in February 2020.
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- November 27 2019
Munich Re promotes Nicolas Carro to Australasia L&H CEO
The reinsurer's Australasia CFO will take up the role in the new year.
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- November 26 2019
Chubb signs off 15.3% further stake purchase of Huatai
The US insurer bought the stake, along with another 7.1% to come later, for a reported US$1.53bn.
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- November 26 2019
Philippines secures two Singapore-listed cat bonds
They will cover US$75m from quake losses and US$150m from tropical cyclones.
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- November 26 2019
Tower in US$45m dispute with Earthquake Commission
The New Zealand P&C player has a disagreement over the allocation of property damage.
