Country: Asia Page 178 / 420
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- March 14 2022
GWP jumps 2.6% for Hong Kong’s GI sector: HKIA
Premiums for the industry as a whole decreased by 0.9% due to performance of long-term business.
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- March 14 2022
Chinese insurers face US delisting
China Life among firms that could be kicked off US stock exchanges amid audit dispute.
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- March 11 2022
HKIA urges market to review plans ahead of Covid testing
The capacity and integrity of IT systems must be critically evaluated, says the regulator.
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- March 11 2022
Hannover Re APAC profits up 66%
Strong growth came despite competition from China’s new state-owned agriculture reinsurer.
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- March 10 2022
Hong Kong GI GWP to reach US$10.1bn in 2026: GlobalData
Market projected to grow 6.6% annually, as demand ticks up for liability cover such as cyber and D&O.
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- March 10 2022
Ukraine conflict to have ‘modest’ impact on APAC insurers: S&P
The war is unlikely to impact a largely domestic-facing market, but there are significant risks.
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- March 10 2022
Electric car insurance: profitability concerns persist
As a new dawn greets Asia’s motor industry, a dearth of data presents underwriting challenges.
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- March 9 2022
Covid exposure hurting Thai insurers
Exposure to the policies caused several insurers to collapse even before Omicron hit in January.
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- March 9 2022
Matt Cannock joins Latitude Brokers, Singapore amid leadership shake-up
He becomes managing director, as partners Tom Fulford-Smith and Charles D’Alton to leave June 1.
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- March 9 2022
India privacy law to hit cyber, D&O policies
The need to comply with new rules will increase company exposure to data breaches.
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- March 8 2022
MGA Fusion bolsters M&A with Singapore, Sydney and HK hires
Danielle Eliatamby, Lillian Chau and Sabrina Chia all have law firm backgrounds.
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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.