Country: East Asia Page 84 / 206
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- July 21 2021
China’s Henan province sees ‘thousand-year’ floods
Ping An P&C has already received 13,000 claims and that number is expected to rise sharply.
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- July 21 2021
Swiss Re’s Anna Lee handed HK, Taiwan P&C client markets role
Lee starts in September and continues as head of new business development, P&C reinsurance SID.
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- July 20 2021
Typhoons threaten agriculture in three China provinces
Ministry of Agriculture urges insurers to settle any claims promptly amid uncertainty over landfall.
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- July 19 2021
China puts Dajia Insurance on the auction block for US$5.2bn
Beijing is selling off the caretaker firm managing the assets of the now defunct Anbang Insurance Group.
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- July 16 2021
China sees 5.2% premium growth in H1 2021
CBIRC figures show total premium income hit US$449bn by the end of June.
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- July 16 2021
Hong Kong sustainable finance group unveils priorities
The carbon and risk initiative involves participation from the HKFI, Target Insurance and QBE HK.
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- July 15 2021
China to drive Asia premium growth in 2021, 2022: Swiss Re
Consumers in the region are increasingly comfortable using digital channels.
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- July 15 2021
Asia’s energy insurers eye green hydrogen boom
New plants and pipelines worth billions of US dollars will need innovative risk solutions.
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- July 15 2021
APAC marine, aviation, transit premiums to hit US$14.5bn by 2025
GlobalData report says several insurers have withdrawn from the market after "years of unsustainable losses".
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- July 14 2021
Global Atlantic inks US$4.8bn Axa China/HK reinsurance deal
This is the US annuity and life (re)insurance player's first venture in the APAC region.
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- July 13 2021
Sichuan floods to cause ‘surge’ in commercial property, motor claims
Crawford's Hong Kong manager tells IAN ongoing floods could lead to complete motor vehicle losses.
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- July 13 2021
Olympics’ spectator ban to cost reinsurers US$300–400m: Fitch
Reinsurers to pay for ticket and hospitality refunds after a state of emergency was declared in Tokyo.
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- July 12 2021
DB Insurance improves underwriting as motor losses decrease
South Korean P&C player saw premium hikes and fewer accidents during Covid lockdown.
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- July 9 2021
China’s Aon/WTW approval highlights a wide-open market
The antitrust regulator's ambivalence highlights a huge opportunity for foreign brokers.
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- July 9 2021
Hong Kong’s trade credit insurer sees claims fall US$64m
The government body posted an underwriting profit of US$3m.
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- July 7 2021
China premium growth slows in first 5 months of 2021
Changes to critical illness cover was one of the primary drivers, analyst tells IAN.
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- July 5 2021
Why Hong Kong will beat Singapore in ILS race
Chinese risks have an obvious home in the Special Administrative Region.
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- July 2 2021
ZYIC taps Qianhai Re and AnHua for XOL cover
Insurer tells IAN reinsurance expenses increased in 2020 to deal with agri-cat risk.
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- July 1 2021
CMI sees growth in marine, property and liability lines
The P&C player's accident segment was the only line to record lower GWP last year.
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- June 30 2021
AIA bets big on red with China Post Life stake
The Hong Kong firm became China’s only wholly foreign owned life insurer last year.
