Country: Asia Page 193 / 420
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- November 4 2021
South Korea to ease insurance licensing rules: FSC chair
The changes reflect ongoing industry diversification such as platform-based healthcare services.
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- November 4 2021
Malaysian Re CEO Zainudin Ishak talks talent, ESG and flood risk
The reinsurer's recently published 2021 Asean Pulse report throws a spotlight on various industry trends across the region.
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- November 3 2021
Nepal chamber objects to Insurance Board’s premium minimums—report
The Federation of Nepalese Chambers of Commerce and Industry says the move runs counter to the idea of an "open economy".
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- November 3 2021
China’s motor reforms take a toll
P&C lines are down by 7.6% this year after the CBIRC's auto insurance revamp.
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- November 2 2021
Shinhan Financial buys Korea’s BNP Paribas Cardif GI
The move would give Shinhan a full general insurance license.
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- November 2 2021
WTW to acquire 100% ownership of India JV
An additional 51% stake will be acquired from privately held Anemone Holdings and the broker's India head Rohit Jain.
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- November 2 2021
Standard Club appoints HK-based commercial director
Ireland MD and former head of Asia Robert Drummond to lead commercial development in the region.
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- November 1 2021
Charles Taylor inks agreement with Philippines loss adjuster
The newly agreed partnership with Senon Insurance Adjusters will expand the global player's regional presence.
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- November 1 2021
HKIA signs claims MoU with Insurance Complaints Bureau
The Insurance Authority currently does not have the legal remit to adjudicate on claims.
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- November 1 2021
Zurich Takaful Malaysia appoints new life CEO
Nazrul Hisham Abd Hamid replaces Mukesh Dhawan as the leader of firm's family takaful operations in the country.
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- November 1 2021
Former Lockton cyber exec joins Marsh in Hong Kong: sources
IAN understands Marsh has appointed a new vice president -- head of cyber for Greater China.
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- October 29 2021
Hong Kong regulator gives November 30 vaccination deadline
Those who are unable — or unwilling — to get the jab will need to undergo mandatory Covid-19 testing every two weeks.
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- October 28 2021
Ping An’s net profit continues downward trend
Premium income at the insurer's P&C arm fell by 9.2% over the first nine months of 2021.
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- October 28 2021
Parima 2021: Institutional capital an alternative to traditional capacity
Aon's new Asia CEO cites ability of pension funds and sovereign wealth funds to provide the market with different options.
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- October 28 2021
Financial lines led Asia Q3 price hikes: Marsh
Heightened cyber risk generated pressure on pricing, a reduction in capacity and a narrowing of cover.
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- October 27 2021
WTW appoints Indonesia head as Asia corporate and risk leader
Luke Ware starts with immediate effect in Singapore and replaces Scott Burnett who has taken on an international role.
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- October 27 2021
Parima 2021: PPPs make green energy projects viable
Insurers say renewable business lines have struggled with profitability for many years.
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- October 27 2021
Taiwan enjoys record P&C premium growth
The non-life market is growing at its fastest pace in more than a decade.
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- October 26 2021
Weak motor profits to impact China’s P&C players beyond 2021
Pricing pressure from regulatory reforms could prompt some smaller insurers to exit the business line completely.
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- October 26 2021
Only 12% of Asia’s cat losses insured: AIR Worldwide
The region saw US$30bn of economic losses associated with natural catastrophes in September alone.
