News Page 292 / 875
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- November 26 2021
South Korea’s non-life insurers see net income jump 62.6%
This uptick was partly attributed to lower motor loss ratios due to the Covid-19 pandemic.
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- November 26 2021
Rising tide lifts Asia’s share of marine premiums
China will soon overtake Greece as the biggest owner of marine vessels.
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- November 26 2021
Insurtech Profile: Hong Kong’s Ignatica eyes organic growth
It provides solutions for over 30 types of products across life, P&C, individual and group insurance.
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- November 25 2021
India’s Star Health eyes US$7bn IPO—report
Reuters report says the insurer is expected to list on the Mumbai stock exchange in December.
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- November 25 2021
Indonesia’s Wahana Tata faces Covid rules hit: Fitch
The insurer's COR averaged at 97% between 2018-20 due to reduced motor claims following travel restrictions.
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- November 25 2021
Sri Lanka’s P&C players face motor fee burden
Fitch report says a government charge on vehicles involved in traffic accidents may have to be reimbursed by insurers.
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- November 25 2021
Axis Re’s Les Loh talks capacity and shifting risks
The firm's APAC president says more premium needed in the system after large China flood losses.
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- November 25 2021
New Zealand’s Tower sees net profit climb 72% in FY2021
The frequency of large house claims, predominantly driven by fires, continued to increase in the second half of the year.
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- November 24 2021
Taiwan’s non-life players benefit from benign nat cat experience
P&C insurers have recorded a five-year average net combined ratio of 95.6%, according to AM Best.
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- November 24 2021
UK competition authority approves Gallagher/Willis Re deal
The US$3.25bn sale received phase 1 approval from the London-based antitrust watchdog.
