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- September 7 2021
China and climate risks to drive P&C growth until 2040: Swiss Re
Reinsurer expects US$2.5tn in new global P&C premiums of which 43% will originate from emerging markets.
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- September 7 2021
Chaucer helps China Re fend off domestic slowdown
The specialty subsidiary saw strong premium growth as the reinsurer's motor business stalled at home.
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- September 3 2021
Former FM Global Asia leader takes on global client role
David Johnson assumes chief client experience role as Lyndon Broad takes on underwriting, reinsurance functions.
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- September 2 2021
Australia’s Open raises US$23m amid overseas push
The Sydney-based insurtech plans to launch in New Zealand and the UK by mid-2022.
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- September 1 2021
Lloyd’s Asia eyes ESG, tech improvements: webinar
New underwriting guidelines on coal and oil sands come alongside an increased focus on digital claims.
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- August 27 2021
Aon appoints APAC reinsurance CEO and president
George Attard and Jeremy Goodman have been handed the roles amid a leadership reshuffle.
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- August 26 2021
Insurance M&A in APAC falls 51% in H1 2021: Clyde & Co
While deal activity is up recently, APAC regulators can demand substantial capital increments as part of any transaction.
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- August 25 2021
PSC’s profits jump 22% in FY 2021
The Australian broking group says recent acquisitions and organic growth will drive FY 2022 results.
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- August 19 2021
Miller appoints Asia strategic development head from WTW
Industry veteran Ron Whyte to join the specialist (re)insurance broker in Singapore in September.
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- August 16 2021
Gallagher’s US$3.25bn Willis Re deal now includes China and Hong Kong, says CEO
The US broker will take on about 2,200 Willis Re reinsurance staff across the globe.
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- August 13 2021
Gallagher/Willis Re deal to offer weighty Asia footprint
The US-broker needs larger operations in reinsurance and the region to be a truly global broker.
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- August 12 2021
Aviva to increase stake in India JV: report
The London-headquartered insurer will increase its stake from 49% to 74% when new FDI regulations permit.
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- August 12 2021
Prudential CEO: H1 2021 results ‘resilient’ despite Jackson write-down
After-tax profit from continuing operations was US$1.07bn up from US$622m the previous year.
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- August 9 2021
BPL Global establishes Lloyd’s Japan binder for credit risks
MS Amlin acted as the lead syndicate on the binder.
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- August 6 2021
Moody’s buys RMS for US$2bn to bolster climate risk analytics
The rating agency flagged the risk modelling firm's P&C and life (re)insurance capabilities.
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- August 4 2021
Lloyd’s players highlight strong demand for political violence cover
Strikes, riots and civic commotion (SRCC) rates generally flat in Asia except for distressed regions such as Myanmar.
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- July 30 2021
Swiss Re posts US$1bn H1 2021 profit
The group was bolstered by large profit turnarounds in P&C reinsurance and Swiss Re Corporate Solutions.
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- July 30 2021
Gallagher to continue tuck-in mergers after Willis Re deal collapses
The broker completed eight deals in Q2 2021 including Mutual Brokers in Canberra.
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- July 30 2021
Global supply chain woes to keep pressure on cargo premiums
Delays are becoming more costly but can’t be insured at affordable prices.
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- July 30 2021
Insurtech fund-raising hits US$7.4bn in H1 2021
WTW report shows the first half of the year has surpassed 2020's total of US$7.1bn.