Country: Asia Page 173 / 391
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- August 16 2021
JB Boda broking director to join Willis Re in Singapore
The experienced broking director Vinod Krishnan will join the reinsurance broker in the fourth quarter.
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- August 16 2021
Ping An P&C to maintain lead despite competition: Moody’s
The general insurer had a combined ratio of 99.1% in 2020 surpassing most of its domestic peers.
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- August 16 2021
Guy Carpenter appoints new APAC president
Australia-based Michael Harden joins from Willis Re, where he was the Asia Pacific president.
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- August 16 2021
HSBC Insurance purchases Axa Singapore for US$575m
The deal would make HSBC the Lion City's seventh largest life insurer.
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- August 16 2021
Nepal’s Himalayan General and Sagarmatha to merge: report
If the deal goes ahead it could create the country's largest insurance firm.
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- August 16 2021
Gallagher’s US$3.25bn Willis Re deal now includes China and Hong Kong, says CEO
The US broker will take on about 2,200 Willis Re reinsurance staff across the globe.
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- August 16 2021
China’s crackdown on digital insurers to favour incumbents
The CBIRC's criticism of “internet insurance chaos” to benefit the segment in the longer term.
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- August 16 2021
Q&A: PICC Re’s Qing Zhang talks reinsurance digitalisation
The reinsurer's president tells InsuranceAsia News the firm is looking to grow in Asia, Europe and North America.
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- August 13 2021
Sri Lanka’s state reinsurer saw premiums decline in 2020
NITF discontinued accepting a 30% facultative share from local insurers due to the non-availability of retrocession cover.
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- August 13 2021
Gallagher/Willis Re deal to offer weighty Asia footprint
The US-broker needs larger operations in reinsurance and the region to be a truly global broker.
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- August 13 2021
Singapore life insurers see 61% new business growth in H1 2021
The first half of the year saw a significant growth in the number of policies purchased online.
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- August 12 2021
Aviva to increase stake in India JV: report
The London-headquartered insurer will increase its stake from 49% to 74% when new FDI regulations permit.
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- August 12 2021
Asia M&A insurance set for growth as deals rebound
Beazley underwriter Jade Cummings tells Lloyd's Asia webinar the demand for merger-related cover is set to grow across the region.
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- August 12 2021
China’s record floods dominate July’s Asia claims
Aon reports says US$1.7bn of insured losses is highest nat cat payout for the Chinese insurance industry on record.
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- August 12 2021
Prudential CEO: H1 2021 results ‘resilient’ despite Jackson write-down
After-tax profit from continuing operations was US$1.07bn up from US$622m the previous year.
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- August 12 2021
Asia’s forestry rates harden as capacity squeezed
Australia saw price hikes of 100-150% after fires generated insured losses of A$300m in 2020.
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- August 11 2021
Asia’s cat bond market set for record year
More than US$1.5bn of cover provided as issuance increases 68% on 2020.
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- August 10 2021
Lloyd’s China eyes broker and product expansion
A new marine liability product is expected later this year.
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- August 10 2021
Allianz H1 2021 APAC profit up 37% to US$402m
Uptick partly driven by insurer's L&H business where operating profit jumped 46% to €279m.
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- August 10 2021
Dai-ichi Life’s Westpac deal highlights APAC ambitions
The deal consolidates the Japan firm's position as the market leader down under.
