News Page 282 / 881
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- January 20 2022
CBIRC releases interim unified supervision framework
The new rules will take effect from March 1 and apply to off-site supervision.
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- January 20 2022
AIA Singapore appoints head of ESG
Leong Li Sun is the former corporate sustainability head at United Overseas Bank.
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- January 20 2022
FWD raises US$200m from ORIX and Huatai Securities
The Hong Kong insurer launched a private placement in December.
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- January 20 2022
Taiwan life premiums to hit US$120bn in 2025: GlobalData
The increase will be driven by an aging population and investment insurance.
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- January 19 2022
IAG hires Suncorp veteran for underwriting role
Darren O'Connell is joining the Intermediated Insurance Australia division.
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- January 19 2022
Suncorp New Zealand appoints new head of claims
Jane Brewer has been at the insurer for over a decade and will take on her new role in July.
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- January 19 2022
India reduces reinsurance cession requirement to 4%
The new IRDAI rules are for the sum insured on general insurance and kick in from April 1.
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- January 19 2022
Malaysia’s insurers continue to count costs of December floods
Crawford has dealt with over 1,500 claims and has been using virtual surveys during the pandemic.
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- January 19 2022
China Taiping GI’s 2021 GWP decreases 2% from previous year
The Chinese P&C subsidiary recorded US$4.33bn of GWP in 2021.
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- January 19 2022
Xi Jinping comments are welcome news for foreign (re)insurers
Chinese leader hints at more deregulation as Gallagher becomes the latest overseas entrant.
