Country: Asia Page 136 / 408
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- November 16 2022
Axa commits to South Korea: report
Korea CEO Guillaume Mirabaud said Korea is geographically important as a technical support provider for Axa South-East Asia.
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- November 15 2022
BOC Aviation files suit in Irish High Court against 16 insurers
The aircraft leasing firm filed insurance claims in August after a US$804m write-down on 17 aircraft grounded in Russia following sanctions.
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- November 15 2022
Stable outlook for Asuransi Wahana Tata as premium growth recovers: Fitch
The AA-rated Indonesian general insurer reported 19% premium growth for the first nine months of 2022.
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- November 15 2022
Allianz Trade appoints Domenico Lup CEO of Asean
Lup will relocate to Singapore and report to regional CEO Paul Flanagan.
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- November 15 2022
Asia carriers review policies as inflation outlook worsens
Regional headline rates remain benign but pressures are growing, including on claims, say WTW, BHSI and McLarens.
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- November 15 2022
Japan’s P&C ‘Big Three’ chart growth via overseas acquisitions
MS&AD, Tokio Marine & Sompo keen for niche strategic deals while ensuring dividend payouts.
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- November 14 2022
Data shortfalls could harm Asian cedents during renewals
An increase in nat cats means that data pooling and quality is set to become important during negotiations.
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- November 14 2022
Tune Protect Re expected to diversify over ‘medium’ term
The Malaysian player is likely to sign up with new business partners, according to AM Best.
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- November 11 2022
PGA Sompo’s outlook revised to ‘good’: AM Best
The Makati City-headquartered insurer holds a 3% non-life market share in the Philippines.
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- November 11 2022
Ransomware group targets IRDAI: report
The Indian Computer Emergency Response Team is understood to have been alerted.
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- November 11 2022
FTX collapse puts the focus on crypto insurance
Hong Kong could lead the way for much-needed regulation of the digital asset space.
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- November 11 2022
Evergreen captive sees ‘favourable’ net claims: AM Best
AM Best expects that marine underwriting results will continue to be the main driver of its bottom-line.
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- November 10 2022
Chubb promotes Ben Howell to lead APAC consumer business
The regional head of A&H takes on the role with immediate effect.
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- November 10 2022
ZhongAn’s investment income balances ‘marginal’ underwriting result: AM Best
Investments will continue to be the main driver of profits over the medium term.
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- November 10 2022
Tokio Marine opens digital labs in Singapore, Taipei and Tokyo
The Japanese giant is creating a new ecosystem, inspired by its Brazilian app.
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- November 10 2022
Nepal’s regulator rebrands as new Insurance Bill enacted
The Nepal Insurance Authority, previously known as Beema Samiti, will keep the same board.
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- November 10 2022
China policy push spurs demand for cyber cover
A data privacy law and a new draft cybersecurity insurance framework should help the domestic market.
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- November 10 2022
Charles Taylor strengthens Asia presence with Vietnam office
The loss adjuster will deal with losses in industries such as property, liability, aviation, marine, and engineering services.
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- November 9 2022
Adva Underwriting brings on board Joanne Chan for APAC marine cargo foray
Chan, who joins the specialist MGA in Hong Kong, will focus on bringing additional capacity in the region.
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- November 9 2022
Reinsurers seek correction through rates, retentions and tighter terms
As Asia 1.1 renewals gather momentum, the market is facing a perfect storm of challenges.
