Country: Asia Page 217 / 411
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- January 6 2021
Singapore insurtech GoBear shutters doors
An inability to raise new funds amid Covid-19 cited as the reason for the closure.
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- January 6 2021
Asia’s offshore wind rush creates reinsurance challenge
A lack of historical loss data creates hurdles for underwriters.
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- January 5 2021
MS Amlin launches Asia-issued ILS
Phoenix 1 Re to provide US$42m capacity backed by Asia investors.
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- January 5 2021
BMS Group opens Asia arm in Singapore
The broker will initially focus on M&A with deal flow set to grow in 2021.
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- January 5 2021
South Korea’s Kakao seeks approval for digital P&C unit
Motor insurance to be initial focus ahead of H2 2021 launch.
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- January 4 2021
KDB Life hardpressed to match Korean Re: report
Local PE firm JC Partners completes deal as Carlyle Group inks partnership with Korean Re.
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- January 4 2021
InsuranceAsia News 2021 predictions
Our editors look ahead to what may lie in store for the market over the coming year.
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- January 4 2021
CBIRC seeks comment on FDI revisions
Allianz was the first foreign insurer to control 100% of their China operations.
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- December 31 2020
Happy new year projected for Asian markets
Non-life premiums across the region forecast to grow by 10% in 2021.
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- December 30 2020
Philippines P&C sector sees 18% H1 2020 premium drop
Insurance Commission notes decline across the board but profitability holds up.
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- December 30 2020
Asia 2020 regulatory review
The sector has faced some significant challenges over the last 12 months.
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- December 29 2020
Japan’s insurers to ramp up ESG exposure in 2021
Nippon Life to introduce ESG criteria for its entire investment portfolio in April.
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- December 29 2020
ICICI Pru Life inks deal with AU Bank
The deal expands the insurer's distribution channels among underserved populations.
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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.
