News Page 289 / 875
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- December 3 2021
Hong Kong’s Bank of East Asia eyes Blue Cross sale — report
A potential transaction could be worth as much as US$400m for the general insurer.
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- December 3 2021
Labuan’s captive market shows strong growth
Buoyed by the hard market, Labuan recorded US$71m in premiums and approved 18 new captives by the end of Q3 2021.
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- December 3 2021
Malaysia’s Lonpac gets lockdown boost: AM Best
Movement restrictions during the pandemic led to lower loss ratios for some business lines.
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- December 3 2021
APAC (re)insurers score well on ESG
Physical risks are the main sustainability issue affecting the sector despite some governance concerns.
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- December 2 2021
China tightens risk management for insurance groups
The CBIRC said the new rules are in line with international practices.
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- December 2 2021
Reinsurance rates to rise as large cat losses hit: S&P webinar
Panelists predict any new lockdown measures would have only a limited impact on the global P&C market.
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- December 2 2021
Chubb makes Singapore senior personal lines appointment
Tulio Puente will report to Scott Simpson, country president for Chubb in Singapore.
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- December 2 2021
Indonesia’s Tugu ‘dominates’ energy, aviation and marine: AM Best
The company has "high reinsurance usage" to support the underwriting of large commercial risks.
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- December 2 2021
Cyclone claims to rise unless house designs improve: ICA
New report says construction methods need updating amid an evolving climate change threat.
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- December 2 2021
McLarens expands Asia team with senior appointments
The loss adjuster appoints Kevin Yu and Yee-Su Tsai to lead operations in China and Taiwan.
