Country: Asia Page 244 / 396
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- October 24 2019
Indian conglomerate seeks PNG MetLife exit: report
A potetential deal could attract private equity bidders.
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- October 23 2019
Beazley takes 30% stake in Hong Kong’s Pegasus
The Lloyd's player helped launch the financial lines coverholder at the beginning of the year.
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- October 23 2019
Typhoon Hagibis’ losses at US$8bn to US$16bn: AIR
The costs from Japan’s worst storm in decades will be significant for the market.
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- October 23 2019
China online marine platform backed by major players
The platform is a joint initiative by the Shanghai Insurance Exchange and Chinese insurers.
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- October 22 2019
Hong Kong’s businesses unprepared for riot damage
Many businesses lack adequate coverage related to civil unrest.
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- October 22 2019
Jon Nielsen swaps AIA for FWD
AIA’s former group chief risk officer to take on two executive roles with FWD.
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- October 22 2019
Generali Vietnam signs 15-year bank deal
The deal with OCB builds on a two-year relationship.
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- October 21 2019
Japan’s P&C majors stable after typhoons: AM Best
Losses from Typhoon Faxai and Super Typhoon Hagibis should be manageable.
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- October 18 2019
China liberalises
The State Council has scrapped foreign shareholding limits for banks and insurers, effective immediately.
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- October 18 2019
Samengo-Turner to lead GC’s global fac team from London
Simon Delchar to head Marsh JLT Specialty Asia.
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- October 18 2019
Marsh India agrees deal for JLT Independent
The agreement in principle involves two brokers that are both joint ventures.
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- October 18 2019
SMEs unprepared for cyber threats: Chubb
Only 48% of SMEs across four countries in the region are improving cyber risk management.
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- October 17 2019
IAG sells stake in India’s SBI General for US$432m
Premji Invest and Warburg Pincus are the buyers, with the carrier set to book a US$200m profit.
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- October 17 2019
AIG’s Japan limits hit by Faxai and Hagibis: analysts
The typhoons could have breached US carrier's reinsurance limits, according to Credit Suisse.
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- October 17 2019
Indonesian insurtech Alodokter raises US$33m
The funds will help develop its health platform.
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- October 16 2019
China’s fast-growing agriculture market
The government-backed sector, however, needs to improve its risk management capabilities.
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- October 16 2019
AIG appoints head of claims for Asia
Steve Gibbs will join the regional team from Axa XL.
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- October 16 2019
SIRC 2019 to address economy, climate and sustainability
The upcoming reinsurance event is a highlight in the calendar.
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- October 15 2019
Super Typhoon Hagibis could harden 2020 renewal rates
The Japan storm, which has flooded 37,000 homes, is likely to influence reinsurance pricing.
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- October 14 2019
IGI eyes US$120m capital raise as rates improve
The specialist player, overseen by Waleed Jabsheh, is looking to take advantage of market conditions by listing.
