Country: Asia Page 224 / 391
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- April 2 2020
Munich Re drops FY guidance as pandemic impact ramps up
The German giant says this year's outlook is uncertain while claims are rising.
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- April 1 2020
Can tax incentives boost Hong Kong’s market?
A government advisory committee is urging action to help compete with Singapore.
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- April 1 2020
Heerasing departs ACR as Catalina deal completes
The reinsurer is going into run-off after a difficult few years.
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- April 1 2020
Korea’s Shinhan to merge life units in top three push
The consolidation will take place in the second half of 2021.
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- March 31 2020
Can China’s insurers shrug off Covid-19?
Execs at China Life and China Taiping say the virus could spur demand if containment holds.
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- March 31 2020
KDB Life won’t face fine and expects potential buyers
The Korea Development Bank is in the process of selling the insurer for the fourth time since 2014.
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- March 31 2020
Digital L&H sales surge at Indian insurtechs amid virus spike
Jump in sales is hurting traditional players could be game-changing.
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- March 30 2020
More change for Asia’s re market as Sirius goes up for sale
The firm's Singapore operation is overseen by Monica Cramér Manhem.
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- March 30 2020
Indonesia’s BRI Life sale could fetch US$500m
Richard Li's FWD Group is on the list of potential acquirers.
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- March 27 2020
Surge in Thailand L&H purchases due to Covid-19
Two million coronavirus-related policies were sold in March alone.
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- March 26 2020
KB Financial likely acquirer of Prudential Life Korea
The US$1.8bn move would send a sign to rival Shinhan Financial, who acquired ING Life last year.
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- March 26 2020
China Oceanwide’s US life deal still on
The US$2.7bn acquisition for Genworth Life has had years of regulatory hold ups.
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- March 25 2020
Singapore saw 7.6% GWP growth last year, but claims increased
The Lion City had a mixed 2019 with Covid-19 proving a tricky start to the new year.
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- March 25 2020
Olympics cover under spotlight after postponement
The decision by Japan and the IOC is likely to have large implications for the event market.
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- March 24 2020
ZhongAn narrows losses to US$64m, sees premium boost
Insurtech bolstered by strong FY 2019 investment returns but failed to make an underwriting profit.
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- March 24 2020
India’s Acko secures more PE funding
Investment in the insurtech has surpassed US$100m despite an overall slowdown in deals.
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- March 23 2020
CPIC’s profits climb 54% for 2019, warns on 2020 outlook
A strong rise in investment income bolstered earnings but Covid-19 will see growth stall.
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- March 23 2020
Hong Kong moves closer to ILS hub with government bill
New regulations move the SAR in line with other countries.
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- March 23 2020
Covid-19 compounds South Korea’s P&C challenges
The market has been under pressure for years with poor growth and underwriting results.
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- March 20 2020
Asia’s life players face major headwinds
Chinese and South Korean firms are particularly exposed to the economic uncertainty.
