Country: Asia Page 212 / 415
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- April 9 2021
Bank of Korea weighs in on cat bond reform
Central bank officials warn climate change requires a new approach after last year's record rainy season.
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- April 9 2021
DWS appoints Ellen Yang as head of APAC insurance
She has previously worked at Standard Life, KPMG and advised the CBIRC.
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- April 8 2021
Indian insurtech Policybazaar eyes May IPO
Bloomberg report suggests the Indian unicorn could have a post-IPO valuation of US$3.5 billion.
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- April 8 2021
Rail losses give recent Japan EQ US$1bn potential
McLarens adjuster tells IAN railway damage is likely to be key factor affecting claims after February's magnitude 7.0 earthquake.
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- April 8 2021
Axis Bank secures 13% stake in Max Life
The Indian private bank has an option to buy a further 7% of the country's fourth largest life player.
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- April 7 2021
Pertamina Indonesia refinery loss to hinge on BI cover
Initial reports suggest the losses from the Balongan fire could be larger than US$50m.
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- April 7 2021
Mitsui Sumitomo eyes US$4.5bn M&A splurge: report
The Japanese giant is looking overseas amid a “difficult earnings environment” in its home market.
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- April 7 2021
Hong Kong’s health insurers see profit surge
Axa, Blue Cross and Bupa benefit from increase in medical insurance.
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- April 6 2021
Dan Yeo appointed at Charles Taylor in Singapore
The former Chubb exec becomes managing director for Singapore P&C.
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- April 6 2021
HK premium levy rate adjusted in April
Levy on policyholders is capped at HK$100 for life policies and HK$5,000 for general insurance.
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- April 6 2021
Insurtech Profile: Coherent
The HK-based firm is looking to expand and is building a new team in Japan this year.
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- April 5 2021
Taiwan’s FSC names insurers facing train crash payouts: report
Cathay Century and MSIG Mingtai identified as the carriers facing claims in Taroko Express crash.
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- April 5 2021
Guy Carpenter launches APAC capital advisory unit
The reinsurance specialist appoints Michael Owen and Hussain Ahmad to lead the new business unit.
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- April 5 2021
India sees ‘moderate’ 1.4 property hikes
Willis Re report notes “lower catastrophe activity” despite some hard-hitting cyclones last year.
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- April 2 2021
Ever Given: uncertainty reigns over losses
Legal disputes could be at the heart of any claims payout.
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- April 1 2021
Japan insurers cut exposure to Lloyd’s
Tokio Marine and Sompo syndicates report Covid-19 losses and declines in GWP.
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- April 1 2021
Environmental liability insurance creating opportunities: Fitch
ESG considerations for Asian (re)insurers are creating an underwriting priority reset.
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- April 1 2021
China Strategic eyes Hong Kong Life: report
Any deal could be worth between US$400-500m.
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- April 1 2021
Taiwan’s P&C premiums expected to grow 5-6% a year
Expert tells IAN that motor, fire and engineering lines are set to spur the market.
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- April 1 2021
Secondary perils on increase in APAC: Swiss Re
The reinsurer's chief economist warns that climate change has no "expiry date" in the group's latest Sigma report.