Country: Asia Page 36 / 54
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- May 27 2022
Australia’s general insurers saw US$303m loss at start of year
The devastating floods in February and March sparked an increase in claims.
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- May 26 2022
China marine profitability won’t bounce back on its own
With large state-backed companies aggressively growing market share, competition is fierce.
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- May 25 2022
Shine comes off Asia insurance growth: Allianz
Asia P&C grew by just 1.4% in 2021, compared to 6.3% globally.
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- May 25 2022
Tokio Marine opens new Canadian unit
The insurer has by far the largest global footprint of any of its Japanese peers.
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- May 24 2022
Markel bolsters Asian underwriting capability with new hire
James Guardino will work with the global trade credit and political risk team.
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- May 24 2022
BMS taps WTW for new chairman in Asia
Ted Hodgkinson will remain with WTW until November in order to help with the transition.
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- May 23 2022
Aon’s former APAC CEO joins Catalina as regional head of distribution
The appointment is part of a restructuring of the firm's global leadership.
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- May 23 2022
ICA welcomes new Australian government
Labour Party has pledged to provide A$200 million a year for a Disaster Ready Fund.
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- May 23 2022
Asian firms reach for cyber analytics tools as hard market makes cover more costly
With rising rates optimising insurance cover is essential.
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- May 20 2022
Talent vital to Singapore’s position as insurance hub: MAS chief
Singapore's ability to retain talent took a hit during Covid-19 restrictions.
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- May 18 2022
Lockton sees record 27% YOY growth as APAC expansion continues
The broker has enlarged its footprint in Australia, New Zealand and Macau.
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- May 18 2022
Singapore’s (re)insurance sector looks beyond Covid
Overseas talent has remained in the Lion City although another partial lockdown could derail this.
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- May 17 2022
Cyber capacity in Asia keeps shrinking as rates harden
By some estimates capacity has shrunk by 50% over the past two years.
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- May 16 2022
Commercial lines give Zurich 11% boost in APAC P&C as rates stay ‘moderate’
Rates at the insurer climbed 3% in Q1, with P&C GWP hitting US$832m.
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- May 16 2022
Asia’s income inequality limits insurance potential
New research shows that inequality lowers demand for P&C insurance in all economies.
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- May 13 2022
Allianz Australia takes 20.8% COR nat cat hit
Combined ratio hits 106.6% after February and March flooding drives €150m loss.
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- May 12 2022
Ping An announces launch of China’s first ESG disclosure standards
The new guidelines, which were develop will several others, will help firms assess ESG exposure.
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- May 11 2022
Japan, India lifts Munich Re 1.4 renewals after Aussie flood losses
The German reinsurer lost US$465m from the floods in Q1.
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- May 11 2022
AUB gains Asia, Lloyd’s scale with Tysers deal
Around 17% of Tysers' GWP last year came from Asia as it looks to double headcount in Singapore.
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- May 11 2022
Number of shipping losses in South China falls: AGCS report
One in five shipping losses still come from the region - the highest in the world.
