Country: Asia Page 167 / 403
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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.
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- January 17 2022
Singapore P&C recovery continues
Non-life premiums increased by 7.5% in Q3 2021 led by property, motor and cargo in pandemic bounce back.
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- January 14 2022
Fitch downgrades Indonesia’s Nasional Re
The rating agency cited potential volatility from its credit book which accounts for 26% of total GWP.
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- January 14 2022
Singapore insurers ‘pushing’ for renewable energy rate rises
Small solar plants are hard to insure due to minimum premium requirements, says a new report.
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- January 13 2022
China Life appoints temporary chairman amid investigation
Non-exec director Yuan Changqing steps up after Wang Bin suspected of discipline breaches.
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- January 13 2022
India pressed for pandemic risk pool
The regulator has been working on the project with a private and public partnership the most likely outcome.
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- January 13 2022
Typhoon Rai triggers thousands of claims for Philippines’ adjusters
Major damage to a hospital, a grain silo firm and beach resorts will lead to millions of dollars in payouts.
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- January 13 2022
Insurtech Profile: bolttech
The firm's insurance exchange now spans 30 markets and it has ambitious plans for Asia expansion.
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- January 12 2022
India to launch LIC IPO prospectus within weeks: report
The government is also understood to be finalising steps to allow foreign investors up to a 20% stake.
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- January 12 2022
The pandemic accelerated a digital ‘structural shift’: AFF
There is more work to do to utilise data for product design and claims, according to experts at the Asian Financial Forum.
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- January 12 2022
Vietnam premium growth slows in 2021
Surging Covid cases during the second half of the year weighed on the non-life market yet again.
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- January 11 2022
China was second-largest insurance market again in 2021: CBIRC
The total claims payout was US$224bn in the first 11 months of the year, the regulator said.
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- January 11 2022
Crawford appoints Philippines country manager
Manila-based Graham Tolentino is also a director of the adjuster's forensic accounting services.
