Country: Asia Page 205 / 396
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- December 1 2020
AIA HK & Macau CEO Peter Crewe to leave
Insurer's Thailand chief executive Alger Fung to take over in January.
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- December 1 2020
Axis Re appoints Willis Re exec David Bangs as Japan head
The broker will continue to be based in Singapore after assuming the new role.
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- December 1 2020
South Korea eyes Insurance Business Act revisions in H1 2021
Financial regulator creates taskforce to facilitate implementation of IFRS 17.
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- December 1 2020
Aviva Singlife confirms exec team as US$2.4bn deal completes
The transaction follows an issuance of US$411m of Tier 2 notes.
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- November 30 2020
P&C sector grows 5.5% to US$59.4bn: HKIA
Despite signs of resilience, motor and EC have seen sustained underwriting losses.
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- November 30 2020
Samsung Fire & Marine signs joint venture with China’s Tencent
Deal with South Korean digital giant Kakao failed over access to motor insurance business.
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- November 30 2020
APAC climbs the 2021 P&C broker growth agenda
With Aon's merger with WTW to complete next year, rivals are eyeing opportunities in the region.
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- November 30 2020
Japan’s P&C majors to bounce back in 2021: Fitch
Tokio Marine, MS&AD and Sompo more exposed to Covid-19 risk in overseas markets.
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- November 26 2020
MAS calls for more cooperation with China on catastrophe cover
Singapore’s regulator is targeting joint initiatives for flood-torn Chongqing.
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- November 26 2020
Greater China Willis Towers Watson director to leave
IAN also understands WTW has named a replacement to oversee the China financial lines portfolio.
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- November 26 2020
Ariel Re seeks expansion as sale closes for US$30m
The specialty (re)insurer has a clean energy team in Hong Kong.
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- November 26 2020
HKIA chair says GWS framework on track for H1 2021
The regulator is also set to publish its first risk and solvency assessment reports in June.
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- November 26 2020
Mitsui Sumitomo invests US$350m in insurtech Hippo
Japanese giant and US start-up ink partnership, which includes a reinsurance treaty.
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- November 25 2020
AIA conducting coal portfolio review as critics take aim
Climate groups say the Hong Kong life player’s policies do not go far enough.
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- November 24 2020
China’s Waterdrop raises additional US$150m from Tencent: report
Chinese giant increases stake in healthcare start-up which could be valued at US$4bn.
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- November 24 2020
Pierre Balthazard and Daniel Neo step up for Sompo International
Rene Lamer has left the firm after more than 15 years of service.
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- November 24 2020
India paves way for downsizing LIC IPO
A proposed rule change could see the offering reduced to 5% amid liquidity crunch.
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- November 23 2020
Typhoon Vamco causes significant damage to the Philippines
There are numerous infrastructure claims associated with the storm.
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- November 23 2020
China’s autonomous driving tech rings changes for insurers
New technologies being developed by Didi are disrupting the market's view of the future.
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- November 20 2020
Tysers hires former Swiss Re and Aon Re execs for APAC push
Jane Smart and Cameron Nicholas will be based in the broker's London office.