Country: Asia Page 253 / 433
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- August 10 2020
HK Insurance Authority “closely monitoring” US sanctions
The regulator urges market players to assess legal, business and commercial risks.
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- August 10 2020
Market to benefit from ‘Digital Silk Road’ investment
(Re)insurers to protect growing risks such as cyber, data and IP as China's digital push gathers pace.
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- August 8 2020
Sun Life opens in Singapore with Belinda Au as CEO
The move takes the life player's number of markets in Asia to eight.
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- August 7 2020
Asia monsoon season leads to US$20bn economic losses: Aon
There have been over US$750m of insured losses in China alone.
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- August 7 2020
Aviva signals Asia exit (again)
China and Singapore units should attract bids as new CEO Amanda Blanc looks to refocus.
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- August 7 2020
China announces “three year plan” for P&C market
The CBIRC is promising greater reforms -- and scrutiny.
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- August 7 2020
Philippines state insurer officials face charges in US$300m fraud
Case follows Indonesia's state-run Jiwasraya being shut down due to fraud and corruption.
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- August 6 2020
Allianz reveals mixed first half Asia results
While L&H profits fell 9%, P&C climbed 21% bolstered by Malaysia, Sri Lanka and Thailand.
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- August 6 2020
Nexus hires former Aspen director for A&H Asia push
Justin Yeo will help bolster the MGA's presence in the region.
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- August 6 2020
MPHB Capital looks to divest MPI Generali stake
Generali Asia could become the majority shareholder in the Malaysia P&C player.
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- August 6 2020
Malaysia’s liberalisation to drive “structural changes”
Zainudin Ishak, CEO of Malaysian Re, says it could increase competition and drive risk-based pricing.
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- August 5 2020
Oneglobal makes Langridge chairman of HK operation
Former chairman of JLT Asia will be joined by Sara Garland for the specialty broker's first Asia unit.
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- August 5 2020
Chubb doubles down on China
The global P&C and life player is positioning to capitalise on the country's Covid-19 recovery.
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- August 5 2020
Chakrabarty rejoins Prudential as Cambodia CEO
The seasoned market exec wants to take the life player to the next level.
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- August 5 2020
Japan’s P&C majors seek up to 10% premium hike: report
After several years of severe flooding, premiums will rise for high risk flood areas.
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- August 5 2020
Korean Re and Carlyle to provide co-reinsurance: report
It's estimated such contracts in South Korea could be worth tens of billions of dollars in value.
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- August 4 2020
Chubb’s Greenberg appoints leader in “significant” China push
Cunqiang Li to become chief strategy officer of the Huatai Insurance Group.
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- August 4 2020
United India withdraws AM Best rating, secures US$144m
P&C player's underwriting losses are concerning, as India's government turns to IPO of life giant LIC.
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- August 4 2020
BHSI’s Beltran to oversee Asia head of first party lines
Carlos Beltran moves from Dubai to Singapore for the role.
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- August 4 2020
China’s Hywin eyeing Lion City expansion
The firm is seeking insurance and brokerage licenses in the city.
