Country: Asia Page 197 / 391
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- December 29 2020
HKIA finalises new capital rules
The Insurance Authority expects the regulations to come into force in Q1 2021.
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- December 29 2020
RCEP to comprise 25% of global premiums
Asian trade deal will come into force in 2021 and boost premiums by US$9.6bn by 2030.
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- December 29 2020
India M&A 2020 review
Mitsui Sumitomo, Paytm, ICICI Lombard and Aon all inked impressive deals in the subcontinent this year.
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- December 28 2020
China warns insurers over ‘arbitrary’ expansion
The new CBIRC regulations come amid an environment of increased government oversight.
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- December 23 2020
ZA Tech partners with Indonesian payment giant OVO
ZhongAn is the latest Chinese giant to move in to the fast-growing market.
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- December 22 2020
Diverse legal systems to constrain GBA for decades: Fitch
Motor insurance is one example where Hong Kong, Macau and the mainland have divergent regimes.
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- December 22 2020
Forensic accountant to leave Crawford for rival in Hong Kong
The Hong Kong-based loss adjuster is set to join McLarens in January amid wider Asia push.
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- December 22 2020
China, Hong Kong M&A 2020 review
Ageas, Ergo, HSBC Insurance, FWD and Peak Re all closed noteworthy deals this year.
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- December 21 2020
Singapore GI GWP to drop 1.9% in 2020: GlobalData
Slowdown comes after the Lion City had registered 6.7% growth the previous year.
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- December 21 2020
Kyushu floods, Typhoon Haishen losses hit US$1.7bn
GIAJ report shows nearly 190,000 claims filed as of December 3.
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- December 18 2020
Asia insurtech fundraising 2020 review
Waterdrop’s US$230m “mega round” with Swiss Re was the largest deal this year.
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- December 18 2020
Hong Kong brokers eye GBA specialty market: CIB forum
Association panel discussion highlights cross-border opportunities and shrinking talent pool.
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- December 17 2020
Japan Post’s shares soar on reports of US$2.9bn buyback
The scandal-hit insurer could pursue more deals if its state-owned parent's stake drops below 50%.
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- December 17 2020
Japan’s ‘non-lifers’ primed to defy negative outlook
Financial risks aside, 2021 offers potential for strong performance.
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- December 17 2020
HKIA flags reinsurance moves in annual report
Tax concessions and ILS highlighted as key wins by the regulator in pandemic-hit year.
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- December 16 2020
Tencent’s reinsurer plans to face regulatory headwinds
The firm’s insurance platform WeSure was hit with a CBIRC fine in August over misleading marketing.
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- December 15 2020
Philippines PNBGen to merge with Alliedbankers Insurance
Billionaire Lucio Tan is on both sides of the transaction.
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- December 15 2020
China P&C premiums up 7% as normalcy returns
Health has been the biggest contributor to non-life premium growth — up almost 36% this year.
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- December 15 2020
FWD Japan appoints Hideki Yamagishi as new CEO
The move comes amid a tough year for the business, which has been impacted by the pandemic.
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- December 15 2020
Prudential Financial VC fund eyes APAC insurtechs
PruVen Capital will hold US$300m in capital in its first fund.
