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- May 19 2021
South Korea’s non-life market improves despite Covid-19
AM Best report says P&C market's topline was saved by the strong performance of the motor sector.
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- May 19 2021
Australian brokers Austcover and Regional Insurance merge
When the two Steadfast brokers combine on July 1, they will have 13 offices and around 150 staff.
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- May 19 2021
Velesto oil rig claims to top US$100m
Experts say the final payout for the sunken Naga 7 will depend on whether wreck removal is required.
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- May 18 2021
Acko eyes unicorn status and mulls IPO–report
The Mumbai-based insurtech has a number of high-profile investors including Amazon and Munich Re.
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- May 18 2021
China premium income rises 7.8% in Q1 amid Covid recovery
CBIRC data shows reinsurers were the top performers as assets grew 9.2% to over Rmb540bn.
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- May 18 2021
Peak Re hires from Hannover Re for global retro head
Sascha Bruns is set to join in September and will work on strategy for P&C business.
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- May 18 2021
Q&A: QBE’s Jason Hammond on digitalising claims and pricing
The insurer has been piloting AI models and robotics to support automation.
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- May 18 2021
Axa’s Asia Assistance unit hit by cyber attack
The hack comes soon after the European insurer stopped underwriting ransomware payouts in France.
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- May 17 2021
HKIA designates AIA, Prudential, FWD under GWS framework
Hong Kong joins Australia, Bermuda, Singapore and the UK by enacting group-wide oversight.
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- May 17 2021
Asia’s dealmakers remain lukewarm on M&A insurance
BMS report shows around 10% of Asia Pacific private equity deals are insured.
