Country: Asia Page 223 / 445
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- September 13 2021
HK’s temporary facilitative measures extended to March 2022
The HKIA's exemption allows for the distribution of certain products via digital channels, telemarketing, post or video conferencing.
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- September 13 2021
MSIG Singapore taps Mack Eng as new CEO
The current chief executive Craig Ellis is retiring and returning to Australia.
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- September 13 2021
Malaysian regulator seeks feedback on bancassurance
The central bank has given stakeholders until September 30 to submit feedback.
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- September 10 2021
Indian authority issues guidance on cyber insurance
The IRDAI wants insurers to review their existing cyber products as attacks accelerate during the pandemic.
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- September 10 2021
Vietnam rebound crashes into delta variant
Non-life premiums grew 11% in the first half but surging Covid cases threaten recovery.
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- September 9 2021
CBIRC says motor insurance reforms meeting objectives
Regulator says auto insurance's share of the P&C market is nearing that of US and Japan after last year's regulatory changes.
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- September 9 2021
HSBC Life appoints new Singapore head
Ho Lee Yen joins as chief executive officer from AIA Singapore, where she held the role of chief distribution officer.
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- September 9 2021
Underwriting pressures weigh on Asia’s reinsurers
Capacity, pricing and climate change are all affecting the industry’s outlook.
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- September 9 2021
Lloyd’s Asia players highlight property, manufacturing risks: webinar
The ability to add extra protection through ownership seen as a key factor affecting an insured's risk profile.
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- September 8 2021
Fubon Insurance’s risk profile defined by geography: Moody’s
The Taiwanese insurer's operations in mainland China and Vietnam accounted around 10% of total revenue in 2020.
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- September 8 2021
IGI appoints APAC financial lines underwriter in Labuan
Manpreet Kaur Gill has previously worked at QBE, AIG and Zurich and will be based in Kuala Lumpur.
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- September 8 2021
Asia’s ILS market faces long road ahead
Sponsors and investors still need to develop the correct infrastructure.
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- September 7 2021
Swiss Re Corporate Solutions appoints new Malaysia head
Jack See will relocate to Kuala Lumpur from Singapore and succeeds Juerg Stoll.
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- September 7 2021
China and climate risks to drive P&C growth until 2040: Swiss Re
Reinsurer expects US$2.5tn in new global P&C premiums of which 43% will originate from emerging markets.
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- September 7 2021
HDFC Life agrees US$915m deal to buy Exide Life
The acquirer says the two firms have a “complementary geographical presence".
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- September 7 2021
Korea’s P&C space to see accelerated digital transformation: Fitch
Carrot General Insurance recently rolled out a pay-per-mile plan for electric vehicles.
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- September 7 2021
Chaucer helps China Re fend off domestic slowdown
The specialty subsidiary saw strong premium growth as the reinsurer's motor business stalled at home.
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- September 6 2021
Tokio Marine buoyed by strong domestic position: AM Best
The P&C player's 25% market share of net premiums in Japan cushioned the global impact of Covid-19.
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- September 6 2021
CBIRC issues draft insurance guidelines: report
The regulator is seeking public comment on proposed rules to decrease financial risks amid heightened industry oversight.
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- September 6 2021
Sompo Japan improves at home but overseas profits hit
The P&C player's overseas business was adversely impacted by the Covid-19 pandemic.
