Country: Asia Page 223 / 429
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- May 13 2021
Japan earthquakes to cost (re)insurers US$1.29bn: GIAJ
Industry association says the February Fukushima EQ alone led to over 130,000 claims.
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- May 13 2021
Samsung Fire & Marine sees Q1 profit jump 163%
Korea's largest P&C player saw investment income climb over 40% but didn't make an underwriting profit.
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- May 13 2021
Gallagher agrees deal for Willis Re
The agreement excludes reinsurance assets in Hong Kong and China and helps Aon's purchase of WTW.
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- May 13 2021
Asia’s flood risk landscape shaped by human intervention
Insurance experts stress climate change is not the only determining factor.
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- May 12 2021
Sedgwick Asia director to join Charles Taylor: sources
Stephen Hope is set to join the adjuster's onshore energy and mining division.
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- May 12 2021
Prudential Financial’s Japan unit blunted Covid-19 impact: Fitch
After several sales of Asian assets in the last 18 months, Japan is set to grow in importance.
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- May 12 2021
Asia’s post-Covid construction stimulus to stretch capacity
Contractors' professional indemnity premiums are also increasing.
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- May 11 2021
Zurich’s Min-Jie Ye to lead FWD GI Hong Kong: sources
IAN understands the head of HK specialty is set for a senior position at FWD General Insurance.
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- May 11 2021
Allianz’s GI China JV underwriting performance to feel pressure: Fitch
Expansion into health market is key reason cited by the rating agency, but outlook remains stable.
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- May 11 2021
Asia’s appetite for financial lines cover wavers
D&O rates harden amid SPAC fallout and increased regulatory scrutiny.
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- May 10 2021
Asian Re’s loss ratio deteriorates as cat losses bite: AM Best
Underwriting results remain volatile with Asian Re's five-year average COR exceeding 125%.
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- May 10 2021
Asia’s commercial premium growth driven by financial and property lines
Marsh's pricing index shows a regional rise of 8% in Q1.
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- May 7 2021
Munich Re hires Asia property treaty underwriting lead
Joachim Zagrosek has joined from Swiss Re as the reinsurer unveils positive Q1 2021 results.
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- May 7 2021
QBE appoints Malaysia CEO and reveals strong Q1 2021 rate rises
Sunther Kuppan's interim role confirmed as chairman Mike Wilkins reports GWP up 28%.
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- May 7 2021
India’s health players to face solvency pressures amid Covid surge—sources
Even well-capitalised insurers are facing strain as claims surge.
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- May 6 2021
Labuan GWP hits US$1.6bn driven by captives and reinsurance
The Labuan FSA said premiums grew by 6.7% over the course of 2020.
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- May 6 2021
Howden Specialty boosts APAC natural resources team
Singapore-based Surya Wijaya joins from Willis Towers Watson as divisional director.
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- May 6 2021
BHSI appoints senior Asia transactional liability underwriter
Daniel Thieviasingham is based in the Lion City and formerly worked at Lockton.
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- May 6 2021
Australia’s cyclone risk plan a roadmap for emerging Asia
Private sector insurers cannot address the threat alone.
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- May 5 2021
Markel poaches financial lines manager from Dual Asia
Joe Wong has joined the specialty Lloyd's player this week in the Lion City.
