Country: Asia Page 134 / 408
-
- November 29 2022
Korea’s Construction Guarantee Insurer’s outlook stable over strong capital: Fitch
The carrier's A rating with stable outlook was affirmed due to its ‘very strong’ capitalisation backed by state support.
-
- November 28 2022
AIG appoints Lily Claydon as APAC chief risk officer
Claydon joins the insurer in Singapore after serving as head of risk management at bolttech.
-
- November 28 2022
Bank Negara Malaysia to invite bids for digital insurer licences
The central bank will issue up to five licences after the regulatory framework is finalised next year.
-
- November 28 2022
IRDAI to relax norms for investors in insurance, fund-raising; changes reinsurance rules
Ease of raising capital expected to usher in long-term investments, as reinsurance retained in the country to be 50%.
-
- November 28 2022
Rates set to harden as crypto contagion spooks capacity providers
Relm, Evertas, OneInfinity and Frontier top execs discuss the FTX fallout and the future of digital assets insurance.
-
- November 28 2022
Tokio Marine Kiln hires APAC marine underwriter from Chubb
Singapore-based Timothy Wills was most recently marine cargo product manager, Australia at Chubb.
-
- November 25 2022
Motor profitability to drive China P&C, outlook revised to stable: Moody’s
Premium growth will remain solid over the next 12-18 months.
-
- November 25 2022
Analytics: APAC to drive non-life GWP growth and profitability until 2024
East Asia will perform particularly well despite worsening macroeconomic challenges, says Swiss Re economist.
-
- November 25 2022
Opinion: Can carriers take advantage of the Hong Kong crypto opportunity?
As insurers rush to amend policy wording and reinforce crypto exclusions, the city’s regulatory initiatives offer hope.
-
- November 24 2022
IRDAI proposes single management expense limit for insurers
The regulator has given additional allowances to the rural sector, government welfare schemes, insurtech and awareness programmes.
-
- November 24 2022
Chubb signs up Coherent’s Richard Bracken for APAC distribution role
The Singapore-based role includes partnering with consumer brands to drive growth across the region.
-
- November 24 2022
Tokio Marine raises stake in Indonesia JV to 80%
The Japanese giant has bought an additional 20% equity from its partner Jasindo for US$33m.
-
- November 23 2022
Generali confirms Cecilia Chang as head of Hong Kong life, P&C units
InsuranceAsia News first reported the appointment in September.
-
- November 23 2022
China Huanong on rating watch over rapid growth in risky assets: Fitch
The Chinese non-life insurer's risk-assets ratio nearly doubled in nine months to 49% by the end of Q3.
-
- November 23 2022
Aon Indonesia appoints Inti Amaliah as head of reinsurance
Amaliah joins the global broker after a four-year stint with Willis Re.
-
- November 23 2022
1.1 renewals: ‘There will be gaps in cover’, says Allianz’s Chris Townsend
‘While it is going to be a challenging environment into the second quarter of next year, there's a world of opportunity in the medium to long term.'
-
- November 23 2022
Fosun mandates Deutsche Bank for Peak Re sale: report
The formal process has yet to kick off, and information memorandums to potential buyers are likely to be sent by year-end, the report said.
-
- November 22 2022
Hanwha General’s performance helps outlook improve to ‘stable’: Moody’s
Lower claims on motor and long-term medical insurance have helped the Korean firm.
-
- November 22 2022
MS&AD to reduce headcount by 6,300 by end of FY 2025
1,900 roles will go by the end of March 2023 as the Japanese giant charts out a three-point plan to improve earnings structure.
-
- November 22 2022
Korea set to relax insurance industry regulations
The regulator proposes to allow insurers to set up single-product subsidiaries, relax online marketing rules and raise the derivatives trading ceiling.
