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- May 18 2022
Starr acquires FPG’s Thai operations
The firm will strengthen local product offerings with tailored commercial insurance and A&H cover.
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- May 18 2022
Malaysian insurers predict ‘substantial’ price increases due to floods: study
On average around 10% of economic losses are covered, a new report reveals.
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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
Petronas’ captive rating boosted by favourable COR: AM Best
Energas Insurance has has a five-year average combined operating ratio of 66%.
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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
Raheja QBE and Paytm M&A deal ‘terminated’
The deal to acquire 100% of the company was first signed in the summer of 2020.
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- May 17 2022
Marsh appoints new Taiwan CEO
Current chief executive Jerry Mao moves into chairman role.
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- May 17 2022
IRDAI changes reporting rules for foreign reinsurers and Lloyd’s
There are now fewer reporting requirements.
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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
China to set up multi-disaster nat cat system
A CBIRC-run protection scheme currently provides around US$94bn of protection.
