Country: Asia Page 207 / 406
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- March 3 2021
China’s digital dividend doesn’t come cheap
Dedicated online P&C insurers such as TK.CN, Anxin and E An have struggled to make profits.
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- March 2 2021
Terence Chen resigns from Asia-Pacific P&C Insurance: sources
The Hong Kong general manager joined the firm earlier in the year after 25 years at Ping An.
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- March 2 2021
CBIRC chair wants ‘more effective ways’ to attract foreign capital
Guo Shuqing says the regulator has scored “victories against financial risks" over the last year.
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- March 2 2021
Myanmar cargo rates unchanged despite protests: source
An Asia-based marine broker told IAN that Lloyd's is unlikely to designate the country as a listed area.
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- March 2 2021
Japan P&C rates harden as quake, fire premiums rise
MS&AD, Sompo Japan and Tokio Marine make changes after a string of severe typhoons in recent years.
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- March 1 2021
Scor P&C’s Spichtig sees ‘momentum’ in reinsurance demand
The Singapore-based executive discussed the firm's Asia strategy and highlighted agriculture and renewable energy as key areas.
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- February 26 2021
Malaysia’s general market fell by 3.6% in H1 2020
Malaysia Re report notes that motor insurance, which represents 47% of the market, saw the worst decline.
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- February 26 2021
Uncertain outlook for China P&C
Premium income grew by 4.4% in 2020 according to IAN analysis of CBIRC data.
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- February 25 2021
Axa posts robust 2020 Asia results
CEO Thomas Buberl plans Axa XL turnaround after US$1.7bn global loss.
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- February 25 2021
Hong Kong targets captives, specialty and ILS in budget
Finance chief Paul Chan has outlined tax breaks and plans to expand the captive market.
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- February 24 2021
HSBC to double down on China as global premiums dip
Protests and Covid-19 hit Hong Kong's life sales hard as mainland visitors dried up in 2020.
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- February 24 2021
Aegon exploring Asia life operations sale: report
Transamerica Life Bermuda targets high net worth individuals in Singapore and Hong Kong.
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- February 24 2021
HK insurers to profit from renminbi reforms
China's SAFE mulls allowing citizens to buy overseas securities and insurance.
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- February 23 2021
MAS investment revisions to exclude SPRVs
The regulator is also seeking feedback on a wide range of risk management questions.
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- February 23 2021
Tahoe Life sale runs aground as Ping An jumps ship
The HKIA has reportedly also ordered the insurer to temporarily stop underwriting new business.
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- February 22 2021
Allianz Asia 2020 GWP hits US$9bn
China and Malaysia were standouts as regional profits climbed to US$668m.
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- February 22 2021
GIC Re sale to put spotlight on obligatory cession
All general insurers in India are required to cede 5% of their business with the state-owned reinsurer.
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- February 19 2021
Recent Japan earthquake losses likely to exceed US$100m
Aon report says 7.1-magnitude tremor unlikely to be 'significant' industry event.
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- February 19 2021
Philippines sets Q1 target for nat cat facility
Domestics insurers are currently forced to look overseas for reinsurance.
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- February 19 2021
Hong Kong’s virtual banks primed to disrupt insurance
HKIA expects ZA Bank's interplay with digital insurance arm to spur similar ventures.