Country: Asia Page 145 / 395
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- May 24 2022
Profits up 48% as Japanese insurers rebound
Japan’s big three benefit from lower nat cat losses in Japan and rate increases internationally.
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- May 23 2022
Aon’s former APAC CEO joins Catalina as regional head of distribution
The appointment is part of a restructuring of the firm's global leadership.
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- May 23 2022
ICA welcomes new Australian government
Labour Party has pledged to provide A$200 million a year for a Disaster Ready Fund.
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- May 23 2022
Asian firms reach for cyber analytics tools as hard market makes cover more costly
With rising rates optimising insurance cover is essential.
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- May 20 2022
Kenny Pang returns with CEO role at Asia-Pacific Property & Casualty Insurance
The executive left Tugu's Hong Kong operations in February.
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- May 20 2022
South Korea’s non-life players see underwriting profit boost
Net profits rose by 72% in 2021 to a record-high of US$3bn in 2021, according to AM Best.
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- May 20 2022
Talent vital to Singapore’s position as insurance hub: MAS chief
Singapore's ability to retain talent took a hit during Covid-19 restrictions.
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- May 20 2022
Beijing Nova Insurance signs deal with Towngas
The firm is an associate of Hong Kong broker Nova Insurance.
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- May 20 2022
Swiss Re still open to Paytm partnership
A potential tie-up remains possible despite the collapse of Paytm’s Raheja QBE acquisition.
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- May 19 2022
QBE and MS First Capital are liable for the BI claim from Phuket resort: report
This is believed to be the first such ruling on the interpretation of BI clauses in Singapore.
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- May 18 2022
Starr acquires FPG’s Thai operations
The firm will strengthen local product offerings with tailored commercial insurance and A&H cover.
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- May 18 2022
Malaysian insurers predict ‘substantial’ price increases due to floods: study
On average around 10% of economic losses are covered, a new report reveals.
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- May 18 2022
Lockton sees record 27% YOY growth as APAC expansion continues
The broker has enlarged its footprint in Australia, New Zealand and Macau.
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- May 18 2022
Singapore’s (re)insurance sector looks beyond Covid
Overseas talent has remained in the Lion City although another partial lockdown could derail this.
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- May 17 2022
Raheja QBE and Paytm M&A deal ‘terminated’
The deal to acquire 100% of the company was first signed in the summer of 2020.
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- May 17 2022
Marsh appoints new Taiwan CEO
Current chief executive Jerry Mao moves into chairman role.
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- May 17 2022
IRDAI changes reporting rules for foreign reinsurers and Lloyd’s
There are now fewer reporting requirements.
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- May 17 2022
Cyber capacity in Asia keeps shrinking as rates harden
By some estimates capacity has shrunk by 50% over the past two years.
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- May 16 2022
China to set up multi-disaster nat cat system
A CBIRC-run protection scheme currently provides around US$94bn of protection.
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- May 16 2022
Commercial lines give Zurich 11% boost in APAC P&C as rates stay ‘moderate’
Rates at the insurer climbed 3% in Q1, with P&C GWP hitting US$832m.
