Country: Asia Page 218 / 429
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- June 30 2021
AIA bets big on red with China Post Life stake
The Hong Kong firm became China’s only wholly foreign owned life insurer last year.
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- June 30 2021
Swiss Re: Emerging markets’ savings gap around triple GDP
Emerging Asia has a pension savings gap of US$3.8tn a year.
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- June 30 2021
Lloyd’s syndicates eye India growth
Country manager tells IAN the reinsurance market has gaps after recent upturn.
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- June 29 2021
Aspen Re appoints Beatrice Morley to lead APAC
The global head of casualty takes on the role from Philip Hough who is relocating to Zurich.
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- June 29 2021
Aon/WTW: Singapore antitrust watchdog plans ‘further review’
The CSSS has identified executive compensation consulting as an area for closer scrutiny.
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- June 29 2021
Chubb appoints new Philippines’ country president
Mari Rachelle Canta to replace Peter van Ratingen, who is set to lead consumer lines in Australia/NZ.
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- June 29 2021
Peak Re hires from Swiss Re for senior VP Europe role
Karlheinz Render will start on August 1 and be based in Zurich.
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- June 29 2021
Munich Re’s Singapore syndicate eyes renewables, cyber
The specialty (re)insurer saw double digit growth in 2020 and is in expansion mode.
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- June 28 2021
South Korea’s Coupang eyes US$300m claim over logistics centre fire
Korean Re, DB, KB, Lotte and Heungkuk F&M are the insurers involved.
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- June 28 2021
Chaucer, China Re launch BRI consortium
The new Lloyd's venture will initially underwrite political violence risks.
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- June 25 2021
PICC Hong Kong to continue reinsurance dependence
AM Best report notes the insurer's inward reinsurance premium was around US$155m in 2020 -- an increase of 11.7% over the previous year.
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- June 25 2021
Japan, US insurance regulators discuss climate and Covid
The Insurance Regulatory Dialogue brings together regulators from the FSA and NAIC.
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- June 25 2021
Asia’s rising trade credit claims to be offset by growth
Insolvencies are up but an economic recovery should benefit insurers.
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- June 24 2021
Zurich handed Hong Kong life licence
The new structure is overseen by chief executive Geoffrey Au.
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- June 24 2021
Generali’s Malaysia moves a sign of the times
M&A set to increase as smaller players face new digital and RBC pressures.
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- June 24 2021
Nat Re’s domestic non-life GWP hits US$20m
CEO Allan Santos tells AGM the company is eyeing partnerships with foreign reinsurers.
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- June 23 2021
SIRC draws up plans for 2021 ‘hybrid event’
Singapore Reinsurance Association chairman "cautiously optimistic" of delegates attending.
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- June 23 2021
Japan P&C insurers grow overseas premiums
But Tokio Marine, MS&AD and Sompo still reported weaker international profits.
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- June 23 2021
CBIRC to increase oversight of insurance execs’ qualifications
The new regulations will come into force on July 1, 2021.
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- June 22 2021
Generali seeks to merge two Malaysia P&C players
Italian insurer agrees to buy 53% of Axa Affin GI and 100% of MPI Generali.
