Country: Asia Page 164 / 395
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- December 2 2021
GIC Re takes premium hit amid ‘bottom-line’ focus
The reinsurer tells IAN classes with higher claims are being avoided as health and marine business drops.
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- December 2 2021
AIA appoints former Sun Life president as Asia chief
Leo Grepin will also lead group strategy and corporate development effective January 3.
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- December 1 2021
Japan property rates to keep rising: Fitch
The increases are set to continue in part due to higher reinsurance costs.
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- December 1 2021
Hong Kong premiums down 1.1% over first nine months
HKIA data shows the sector recorded total GWP of US$58.5bn as mainland visitors continued to be impacted by travel restrictions.
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- December 1 2021
Thai insurers face big Covid losses
Cheap Covid-19 products have resulted in a surge in claims after cases spiked in August.
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- November 30 2021
PIC 2021: Green investments key for sustainability
CEOs from China Pacific Life, Manulife, Axa and HSBC Life urged the industry to invest in green finance.
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- November 30 2021
PIC 2021: Digital insurance faces data privacy challenge
Panel told that travel and motor lines may be more open to the use of personal data than the L&H markets.
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- November 30 2021
PIC 2021: Asia’s L&H market faces climate change hit
The region's life and health markets face a massive protection gap which experts say is being made worse by a warming planet.
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- November 30 2021
Malaysia takaful premiums show strong H1 growth: MTA
Despite Covid-19 challenges, the family takaful market — which includes life — saw 46.7% annual premium growth to US$1.1bn.
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- November 30 2021
Guy Carpenter’s Gallagher sees ‘more stable’ renewals
The Asia CEO expects a focus on poor performing programs where the nature of the exposure has changed.
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- November 29 2021
WTW taps Zurich exec as Asia casualty head
Hong Kong-based Ben MacCarthy starts in December amid a string of senior regional appointments at the global broker.
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- November 29 2021
Reinsurance broker Richmond expands into Taiwan
Taipei-based Kevin Kuo has been appointed CEO of the new subsidiary ahead of the January 2022 renewals.
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- November 29 2021
Mitsui takes majority control of Pana Harrison (Asia)
The Singapore-based (re)insurance broker will change its name to Mitsui Bussan Pana Harrison.
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- November 26 2021
South Korea’s non-life insurers see net income jump 62.6%
This uptick was partly attributed to lower motor loss ratios due to the Covid-19 pandemic.
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- November 26 2021
Rising tide lifts Asia’s share of marine premiums
China will soon overtake Greece as the biggest owner of marine vessels.
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- November 26 2021
Insurtech Profile: Hong Kong’s Ignatica eyes organic growth
It provides solutions for over 30 types of products across life, P&C, individual and group insurance.
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- November 25 2021
India’s Star Health eyes US$7bn IPO—report
Reuters report says the insurer is expected to list on the Mumbai stock exchange in December.
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- November 25 2021
Indonesia’s Wahana Tata faces Covid rules hit: Fitch
The insurer's COR averaged at 97% between 2018-20 due to reduced motor claims following travel restrictions.
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- November 25 2021
Sri Lanka’s P&C players face motor fee burden
Fitch report says a government charge on vehicles involved in traffic accidents may have to be reimbursed by insurers.
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- November 25 2021
Axis Re’s Les Loh talks capacity and shifting risks
The firm's APAC president says more premium needed in the system after large China flood losses.
