Country: Asia Page 246 / 403
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- December 13 2019
Malaysia’s RHB ends sale talks with Tokio Marine
The two firms were unable to agree terms over RHB Insurance.
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- December 13 2019
Thailand’s insurtech Sunday raises US$11m
The fresh capital will help the stat-up expand in Asia.
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- December 13 2019
Malaysian Re moves into family retakaful
The reinsurer sees significant opportunities as it teams up with Pacific Life Re.
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- December 12 2019
AIG sees Hagibis claims at lower end of expectations
Previous estimates by analysts pegged US$600m in catastrophe losses for the US major.
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- December 11 2019
Will Asia’s run-off market catch up with the US?
Catalina’s acquisition of ACR could catalyse market movement.
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- December 11 2019
China to allow 100% foreign life ownership in January
The country's regulator announced the decision earlier this week.
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- December 11 2019
Hong Kong closer to tax cuts for marine and specialty risks
The legislation, if passed, will fulfill promises made in recent budget announcements.
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- December 11 2019
PE players target India’s insurtech Digit
New fundraising could raise Digit’s valuation to around US$800m to US$900m.
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- December 9 2019
Axa XL’s Asia team hires Stephen Nguyen from Aon
The former broker will serve as client management leader for Asia.
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- December 9 2019
Sedgwick promotes Tang after HK CEO departure
IAN understands that Pierreddy Wong will join a rival adjuster.
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- December 9 2019
Philippines seeks US$20bn cover for P&C exposure
The country is looking to reinsure typhoons, floods and earthquakes.
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- December 9 2019
China approves 51% stakes in life JVs
The announcement speeds up the opening of the market.
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- December 6 2019
Singapore brings Lloyd’s onshore
The change is a reason to stay in the Lion City, but won't effect reinsurance.
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- December 6 2019
Lucia Sun joins Generali as Asia head of claims
Sun has switched to the Italian major from Zurich.
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- December 6 2019
Japan’s life players can expect strong, stable 2020: Moody’s
The verdict comes despite ultra low interest rates.
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- December 5 2019
ACR to stop writing business as Catalina deal agreed
Asia Capital Re won't take on any more business and will enter into run-off.
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- December 5 2019
China insurtech secures US$28m from Hillhouse
Private equity deal in Lima Insurance Cloud follows its increased investment in Hong Kong's Blue.
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- December 5 2019
Malaysia’s market under transformation: Malaysian Re
Motor detariffication will let the market become better capitalised and more competitive.
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- December 4 2019
Hong Kong’s market robust in first nine months
Insurers in the Special Administrative Region saw a 883% upward profit swing for P&C business.
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- December 4 2019
Typhoon Kammuri lashes Philippines
20th typhoon of the year likely to cause business interruption and storm damage claims.
