Country: Asia Page 252 / 403
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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.
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- October 14 2019
Japan counts cost of Super Typhoon Hagibis
The Tokyo storm was the strongest in 60 years and will trigger millions in claims.
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- October 14 2019
Former Chubb exec to join AIG Singapore
Liam Burrell is set to join the US giant's regional team in a broker and client role.
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- October 11 2019
Thai regulator needs teeth
The OIC should be given more independence, says the IMF in its latest assessment.
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- October 11 2019
Disruptions expected as Super Typhoon Hagibis nears Japan
The most violent typhoon of the year will bring significant business and travel disruptions.
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- October 11 2019
South Korea’s FSC to delay IFRS17
The country's regulatory body will delay by one year the adoption of the new global accounting standards.
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- October 10 2019
Winnie Wong leads Asia Insurance’s diversification
The Hong Kong insurer has teamed up with the founder of Hillhouse Capital.
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- October 10 2019
Regional execs extol digital potential at summit
Directors at FWD, MSIG and Ping An shared strategies at an FT event in Hong Kong.
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- October 10 2019
Taiwan firms to face Formosa bonds redemption: report
Insurers purchased over US$180bn of the dollar-denominated bonds.
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- October 9 2019
Hong Kong’s regulator issues first GI virtual licence
Avo will be the first beneficiary of this particular license under the Fast Track scheme.
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- October 9 2019
Super Typhoon Hagibis approaching Japan
The 19th typhoon of the year to hit Japan has been upgraded to a super storm.
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- October 9 2019
Korea’s Kyobo Life to grow global assets
Korea's third-largest life insurer to increase international investment as bond yields fall.
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- October 8 2019
The rise of Chinese insurtech
With online penetration at a low base, there has been a flood of capital in the sector.