Country: Asia Pacific Page 474 / 655
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- March 16 2020
Hong Kong’s market grew 9% in 2019 amid protests
P&C and life premiums were US$74.6bn, as economic instability hit second half sales.
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- March 13 2020
Covid-19 declared catastrophe in Australia
The Insurance Council of Australia has launched a special taskforce to deal with virus-related claims.
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- March 13 2020
Hyundai Insurance China’s US$158m sale approved
Didi Chuxing and Legend Holdings are behind the moves for the P&C (re)insurer.
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- March 12 2020
AIA posts solid 2019 result, but warns of disruption ahead
Outgoing CEO Ng Keng Hooi said the group was bolstered by sales in Mainland China.
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- March 12 2020
Swiss Re India appoints Hadi Riachi as CEO
Riachi will succeed G. Satish Raju on April 1.
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- March 11 2020
How digital is shaping Asia’s P&C claims
Tech such as AI is transforming personal lines which could translate to commercial.
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- March 11 2020
Strong weather pattern contributed to Australia’s bushfires
Indian Ocean Dipole partly to blame for extent of the disaster which has caused huge losses.
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- March 11 2020
Hong Kong’s BEA may sell insurance arms: report
The move could generate over US$1bn and the firms could be snapped up by global players.
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- March 10 2020
Vinod Krishnan to exit Guy Carpenter
Krishnan will leave the broking giant at the end of the month.
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- March 10 2020
Zurich Malaysia’s takaful arm switches P&C CEO
Nazrul Hisham Abdul Hamid has taken over from Zuhairi Ismail.
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- March 9 2020
Aviva’s departure from Indonesia adds to shake-up
Maurice Tulloch's move comes after six years amid market turbulence and differs from foreign rivals.
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- March 9 2020
Australia’s summer losses climb to US$3.3bn, says APRA
The number of extreme weather events for the market is likely to increase in future.
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- March 9 2020
Aviva agrees Indonesia exit
The UK firm has sold its stake in Astra Aviva Life - subject to regulatory approval.
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- March 6 2020
FWD promotes Abhishek Bhatia to group digital partnership role
As a result Khor Kee Eng has become chief executive of FWD Singapore.
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- March 6 2020
Discipline needed in re market after Hagibis losses
Rating momentum from January needs to continue after more Japan turmoil.
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- March 6 2020
Max Life’s deal with Mitsui Sumitomo opens door to Axis Bank
Bancassurance partner could be the next investor after share swap.
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- March 6 2020
Tulloch buoyant as Asia helps Aviva to record year
The decision to keep operations in China and Singapore seems sound.
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- March 6 2020
Hong Kong’s AMTD to IPO broking and digital arm: report
The IPO could be in New York or Singapore.
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- March 5 2020
Mitsui Sumitomo and Max Life share swap back on
The transaction involving the parent company of the Indian player was called off last November.
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- March 5 2020
India’s Softbank-backed Paytm secures broking license
The intermediary arm will distribute motor, health and life policies.
