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- March 28 2023
Chubb signs 15-year GI bancassurance deal with Hang Seng Bank
The new partnership, which replaces an agreement with QBE, will launch in July.
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- March 28 2023
PICC P&C underwriting profit jumps 579%, COR improves to 97.6%
The Beijing-headquartered insurer's GWP grew to US$71bn with non-motor lines growing 11.4% year-on-year.
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- March 28 2023
China Pacific P&C COR improves to 97.3%, non-motor sales spurt
The Chinese giant's P&C GWP climbed 11.6% to US$23.8bn in FY 2022.
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- March 28 2023
Sinosure underwriting results to see ‘marginal’ growth in long term: Fitch Ratings
The rating agency has affirmed the Chinese trade credit insurer's rating as A+ (strong) with a stable outlook.
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- March 28 2023
Lexasure-Blimobil deal to offer specialty reinsurance products
Blimobil is looking to offer insurance for cyber, asset protection, usage-based motor, home appliances and extended warranty.
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- March 27 2023
Miller bolsters Singapore energy team with engineering hire
Boni Dipati will join in April as a risk engineer and was most recently a risk consultant specialist at FM Global.
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- March 27 2023
World Bank’s largest cat bond to list on Hong Kong bourse
The US$630m bonds-swaps combo, which provides earthquake coverage to the government of Chile, will start trading on the city exchange on March 28.
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- March 27 2023
Marsh McLennan appoints Sanjay Kedia India CEO
The Marsh India country head will assume an additional role in the ongoing senior leadership shuffle in the region.
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- March 24 2023
China Taiping’s Macau P&C arm could see 71% COR ‘normalise’ this year: AM Best
The economy in the gambling mecca is showing signs of recovery from the pandemic with tourists returning.
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- March 24 2023
Tower taps APRA for new chief risk officer
Sharyn Reichstein, who was a general manager at the Australian regulator, will join the Kiwi carrier in July.