Country: Asia Page 299 / 455
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- November 28 2019
Zurich secures Adira P&C deal in Indonesia
The Swiss giant has become the largest international P&C player in the country.
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- November 28 2019
Mapfre finalises Philippines’ capital requirement
The Spanish insurer has complied with revised regulations.
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- November 28 2019
South Korea’s insurers braced for tough 2020: Fitch
Domestic players are bracing for a challenging 2020, after a fiscally difficult 2019 so far.
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- November 27 2019
Japan’s typhoons spur sophistication
The market wants to improve, whatever mother nature throws at it.
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- November 27 2019
Sun Life inks US$75m Vietnam bank deal
Asean president Leo Grepin says the deal with TP Bank will provide access to 2.5m customers.
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- November 27 2019
AIG sells majority of Fortitude Re to Carlyle and Japan’s T&D
The US$1.8bn deal will see the Bermuda-headquartered run-off firm become independent.
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- November 27 2019
Axis pegs Hagibis losses at US$90m to US$110m
The specialist player has around 1% of the market costs of the storm.
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- November 26 2019
Chubb signs off 15.3% further stake purchase of Huatai
The US insurer bought the stake, along with another 7.1% to come later, for a reported US$1.53bn.
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- November 26 2019
Philippines secures two Singapore-listed cat bonds
They will cover US$75m from quake losses and US$150m from tropical cyclones.
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- November 25 2019
MS Amlin hit won’t dampen MS&AD’s overseas growth
A reorganisation of its international arm is aiming to streamline decision making.
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- November 25 2019
Indonesia unveils US$770m nat cat protection programme
The government has struck a deal with 56 re/insurers in a move to privatise catastrophe risk.
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- November 22 2019
Ng Keng Hooi to leave AIA; Ping An exec to succeed
Ping An's Lee Yuan Siong to become AIA's group CEO next year.
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- November 22 2019
Chubb ups stake in China’s Huatai: report
The US insurer is another step closer to gaining control.
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- November 22 2019
Fubon Life eyes US$500m Alibaba investment
The investment would be the Taiwan life giant's second in the Chinese e-commerce player.
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- November 22 2019
Aspen Re confirms Lloyd’s China office closure
The reinsurer is streamlining its operations under CEO Mark Cloutier.
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- November 21 2019
Beazley appoints Asia Pacific M&A underwriter
Jade Cummings joins from McAfee and is to underwrite regional risks.
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- November 21 2019
IAG buys motor repair specialist
The Australian giant's move should help speed up claims.
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- November 21 2019
3 Japan majors face US$8bn combined typhoon bill
S&P estimates the total payout from typhoons Faxai and Hagibis could reach US$18bn.
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- November 21 2019
Aviva agrees stake sale in Hong Kong’s Blue
The UK insurer will exit the JV and is in talks over its Indonesia and Vietnam operations.
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- November 20 2019
Is Lloyd’s 20th year in Singapore a turning point?
Market sentiment at SIRC 2019 shows collaboration and growth on the agenda.
