Country: Asia Page 195 / 391
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- January 20 2021
Axa Singapore bidding war draws HSBC and Etiqa: report
A disposal could raise as much as US$700m for the French firm.
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- January 20 2021
HKIA pushes lower ILS minimums
Draft rules to reduce the US$1m investment requirement to US$250,000.
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- January 20 2021
India’s general insurers shrink in 2020
New India Assurance's 76% claims ratio for the six months from April was down from 93% in 2019.
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- January 19 2021
China’s offshore wind market ‘soft’ but profitable: WTW
Loss hit small hydroplants have seen premium rises of up to 50%.
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- January 19 2021
MAS sets ‘higher expectations’ for cyber risk
The Singapore regulator told IAN that (re)insurers need to identify their key IT vulnerabilities.
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- January 19 2021
Data a key tool to mitigate climate risk: AFF 2021
Panellists highlight the difficulty in underwriting new green technologies such as solar panels and fuel cells.
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- January 19 2021
Cyber tops Asia Pacific 2021 business risk list: Allianz
Covid-19 and business interruption were the other top concerns across the region.
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- January 18 2021
Asia coal premiums to harden amid reduced appetite
Power plants with medium-to-large losses could face rises of 100-200%.
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- January 18 2021
CBIRC chief pushes ‘prudential regulation’
Guo Shuqing also address Hong Kong’s GBA role during AFF keynote.
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- January 15 2021
Grab’s fintech unit raises US$300m in Series A round
Chubb, ZA Tech already partner with the ride-hailing firm’s insurance arm.
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- January 15 2021
India FDI revamp needs to go further
Insurance Act clause on "control" makes sector less enticing to foreign investors.
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- January 14 2021
Vietnam’s MoMo raises US$100m in Series D round
The insurtech’s partnership with state-owned Bao Viet offers motor, health and travel coverage.
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- January 14 2021
Marsh confirms Collin Yap as Singapore CEO
He succeeds Iris Teo who has taken on a regional leadership role at the broker's consulting arm.
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- January 14 2021
Aon/WTW: Spotlight falls on APAC antitrust regulators
IAN understands the deal has already been cleared in China.
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- January 13 2021
Ratings round-up: Fidelidade Macau gets first A3 IFSR
AM Best affirms A- rating of Hong Leong Insurance and lauds firm's "prudent" reinsurance plan.
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- January 13 2021
Chubb’s Doug White retakes role as HK, Macau president
IAN understands that Stanley Wong is set to join Huatai China JV operation.
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- January 13 2021
Insurtech Concirrus hires marine duo for Asia push
The data and tech firm is looking to capitalise on a hardening market.
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- January 12 2021
Malaysia flood losses could rise to US$10m
In-country loss adjuster tells IAN few large commercial claims are expected.
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- January 12 2021
Sriwijaya Air crash hints at 2021 aviation risks
Resuming service after Covid-19 puts spotlight on aircraft maintenance during the pandemic.
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- January 11 2021
MSIG Hong Kong hires new marine manager
Cindy Pang previously held cargo and BD roles with Marsh and Tokio Marine.