Country: Asia Page 170 / 412
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- March 8 2022
PICC Hong Kong gains Macau licence approval
The move comes close on the heels of Lockton's decision to set up in the enclave.
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- March 8 2022
Howden M&A hires from Marsh in Singapore, relocates W&I exec to HK
The APAC moves come amid surging demand for M&A policies and growth in regional deals.
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- March 7 2022
AIA and BEA form GI partnership off back of Blue Cross sale
AIA will provide insurance solutions, including health insurance, to BEA’s customers in Hong Kong.
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- March 4 2022
MSIG Asia’s Clemens Philippi to succeed Alan Wilson as CEO
The handover in Singapore will be on April 1 with Wilson set to continue in other company roles.
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- March 4 2022
IAG hit with fresh lawsuits over Greensill collapse
New lawsuits bring amount claimed to an estimated US$218m.
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- March 4 2022
Rivals circle Axa’s S$150m motor business
After HSBC purchase, without a new bancassurance partner, competitors sense opportunity in the Lion City.
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- March 3 2022
Ukraine invasion heightens marine risk in Asia
Evolving sanctions and snap decisions by global giants mean (re)insurers are assessing their risks hourly.
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- March 3 2022
Philippine Covid claims reach US$324.5m: report
Covid payouts more than tripled in 2021 than in 2020.
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- March 3 2022
China will not impose sanctions on Russia: CBIRC
Head of the regulator Guo Shuqing believes such measures to be illegal and ineffective.
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- March 2 2022
China P&C grew just 1% in 2021
Covid, motor reforms and a property crisis combined to create worst ever year for sector.
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- March 1 2022
WTW makes two Singapore leadership appointments
Choo Oi San becomes country leader and Ludan Wang head of corporate risk and broking.
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- March 1 2022
FWD posts strong results ahead of IPO
The insurer's value of new business reached US$686m as it submits IPO filing.
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- March 1 2022
Axa Singapore to quit motor, commercial lines after HSBC purchase
Unit will continue to underwrite all life, wealth and health business, says new owner.
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- March 1 2022
More government support needed for crop risk pools
Asian Development Bank official argues for market-based hybrid solutions.
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- February 28 2022
Asia cyber ripe for underwriting revolution
Gallagher Re suggests skyrocketing premiums could be countered by changes in industry practices.
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- February 25 2022
Crawford appoints Nathan Hannah as Malaysia head
Current CEO Hon Mun Choong will transit to a non-executive director on the Malaysian board.
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- February 25 2022
China rule change led to 1% fall in motor revenue for Axa
CBIRC carried out a reform of motor insurance in 2020.
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- February 25 2022
HKIA reports 13% increase in complaints against insurers
Majority of cases (28%) were for misconduct.
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- February 24 2022
Tugu Hong Kong CEO departs
Kenny Pang had joined the P&C player last year.
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- February 24 2022
Target “entirely disagrees” with HKIA over Ordinance breach
The taxi insurer has sought legal advice and plans to take appropriate action.
