Country: Asia Page 153 / 390
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- January 24 2022
Peak Re appoints P&C head of product underwriting
Piotr Nowakowski joins in February in Hong Kong and was most recently at Echo Re.
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- January 24 2022
Tokio Marine accused of failing climate promises
The Japanese insurer, as well as Chubb and Mapfre, criticised over Brazilian drilling.
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- January 24 2022
PVI Re sees record revenue and profits
The company is listed on the Hanoi Stock Exchange and celebrated its tenth anniversary last year.
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- January 21 2022
AM Best upgrades Taiwan’s Hotai Insurance
Taiwan's largest motor player has been improving its combined ratio in recent years.
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- January 21 2022
Howden continues APAC growth as global EBITDA climbs 50%
As the broker expands into New Zealand, APAC accounts for 14% of its global revenues in FY 2021.
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- January 21 2022
GIC Re faces US$270m cession loss
1% cession cut hands advantage to foreign players.
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- January 20 2022
CBIRC releases interim unified supervision framework
The new rules will take effect from March 1 and apply to off-site supervision.
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- January 20 2022
AIA Singapore appoints head of ESG
Leong Li Sun is the former corporate sustainability head at United Overseas Bank.
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- January 20 2022
FWD raises US$200m from ORIX and Huatai Securities
The Hong Kong insurer launched a private placement in December.
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- January 20 2022
Taiwan life premiums to hit US$120bn in 2025: GlobalData
The increase will be driven by an aging population and investment insurance.
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- January 20 2022
Asia Covid policies add pressure to cargo market
As China ramps up measures, cargo stacked at ports and quarantined crew are causing cover and claims' issues.
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- January 19 2022
India reduces reinsurance cession requirement to 4%
The new IRDAI rules are for the sum insured on general insurance and kick in from April 1.
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- January 19 2022
Malaysia’s insurers continue to count costs of December floods
Crawford has dealt with over 1,500 claims and has been using virtual surveys during the pandemic.
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- January 19 2022
China Taiping GI’s 2021 GWP decreases 2% from previous year
The Chinese P&C subsidiary recorded US$4.33bn of GWP in 2021.
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- January 19 2022
Xi Jinping comments are welcome news for foreign (re)insurers
Chinese leader hints at more deregulation as Gallagher becomes the latest overseas entrant.
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- January 18 2022
Integra signs partnership with major South Korean adjuster
Seoul-headquartered International Adjusters & Surveyors (Iasco) has over 600 staff.
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- January 18 2022
Ping An sees P&C GWP fall in 2021
The insurer generated US$42.5bn of non-life gross written premium last year.
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- January 18 2022
Market raises concerns over Asia secondary perils pricing
Inadequate models are putting pressure on underwriting results, say market participants.
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- January 17 2022
India’s Digit Insurance narrows full year losses: report
The digital player recorded strong revenue growth for the FY 2021 financial year.
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- January 17 2022
South China Insurance’s underwriting margin under pressure: AM Best
The narrowing is due to the increased claims experience and its expense ratio.
