Country: Asia Page 207 / 420
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- July 16 2021
Hong Kong sustainable finance group unveils priorities
The carbon and risk initiative involves participation from the HKFI, Target Insurance and QBE HK.
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- July 16 2021
Asia’s non-life sales pass US$100 per person for first time
General insurance density in the region (ex-Japan) also rose almost 10% in 2020.
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- July 15 2021
China to drive Asia premium growth in 2021, 2022: Swiss Re
Consumers in the region are increasingly comfortable using digital channels.
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- July 15 2021
Marsh appoints WTW’s Indonesia head as South Asia client chief
Luke Ware will relocate from Jakarta to Singapore as he takes up the new role in Q4.
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- July 15 2021
FM Global makes two senior Asia promotions
Tan Hian Hong and Hamish Ravindran take on new underwriting and client service VP roles.
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- July 15 2021
Axa XL appoints Singapore country manager
Internal appointee Sylvie Gleises starts September 1 to replace the departing Kevin Leong.
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- July 15 2021
Asia’s energy insurers eye green hydrogen boom
New plants and pipelines worth billions of US dollars will need innovative risk solutions.
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- July 15 2021
APAC marine, aviation, transit premiums to hit US$14.5bn by 2025
GlobalData report says several insurers have withdrawn from the market after "years of unsustainable losses".
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- July 14 2021
Zurich promotes Junior Cho to Malaysia country head
The industry veteran is CEO of the insurer's Malaysia GI arm and succeeds Stephen Clark.
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- July 14 2021
X-Press Pearl’s owners pay initial US$3.6m claim
Sri Lanka's government is looking for US$40m to compensate for environmental damage.
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- July 14 2021
Global Atlantic inks US$4.8bn Axa China/HK reinsurance deal
This is the US annuity and life (re)insurance player's first venture in the APAC region.
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- July 14 2021
Asia’s aviation risk rises as airlines hustle for business
Higher accident rates a concern as airlines add 500 new routes across the region.
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- July 13 2021
Asia power & energy insurance renewals stable in Q2: Marsh
The global broker says the renewable energy sector is still “running hot” in the APAC region.
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- July 13 2021
Sichuan floods to cause ‘surge’ in commercial property, motor claims
Crawford's Hong Kong manager tells IAN ongoing floods could lead to complete motor vehicle losses.
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- July 13 2021
Olympics’ spectator ban to cost reinsurers US$300–400m: Fitch
Reinsurers to pay for ticket and hospitality refunds after a state of emergency was declared in Tokyo.
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- July 12 2021
Beazley appoints APAC healthcare underwriter
Appointment of Prashansa Daga supports the expansion of the specialty player's medical & life sciences offering.
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- July 12 2021
Asia P&C (re)insurers see market cap rebound
Top 20 listed APAC (re)insurers valued at US$155 billion by mid-2021 — a 15% increase from a year ago.
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- July 12 2021
DB Insurance improves underwriting as motor losses decrease
South Korean P&C player saw premium hikes and fewer accidents during Covid lockdown.
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- July 9 2021
Sompo International creates APAC global risk team
Trey Martino to lead Singapore-based team targeting China, HK, India, Japan and Macau.
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- July 9 2021
China’s Aon/WTW approval highlights a wide-open market
The antitrust regulator's ambivalence highlights a huge opportunity for foreign brokers.
