News Page 372 / 1060
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- December 9 2022
CBIRC to start on-site inspections and tighten oversight of fund use by insurers
Average solvency ratio of property insurance companies and reinsurance were adequate at 238.9% and 309.1%, respectively, according to the regulator.
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- December 9 2022
October Australian flood damage bill at US$533m: Perils
La Nina conditions that triggered these floods are forecast to extend into their third consecutive year in 2023.
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- December 9 2022
Asean insurers setting strict targets for green transition
Many regional players still fall short to support the Paris Agreement targets due to institutional barriers and weak financing.
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- December 8 2022
Zking P&C’s outlook stable on state support and improved underwriting results: Fitch
Zking reported a combined ratio of 96% for the nine months that ended September 2022.
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- December 8 2022
Coherent promotes Helen Attenborough to Australia and NZ CEO
The COO retains her current role and relocates to the insurtech’s new Sydney base.
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- December 8 2022
Opinion : Why blockchain failed to transform Asia’s (re)insurance sector
The revolution may yet come for areas such as ILS. It will take time and look very different to originally imagined.
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- December 8 2022
Chubb acquisition positive for Huatai P&C: Fitch
Chubb has been handed regulatory approval to acquire 83.2% of the business.
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- December 7 2022
Korea’s new capital standard to kick in from next year: report
The new capital regime, together with IFRS 17, is likely to squeeze insurers' capital buffers.
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- December 7 2022
Kroll snaps up energy sector valuation consultant AVC
AVC has operations in Thailand and offers technical claims support across APAC.
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- December 7 2022
AGCS appoints Asia financial lines claims manager
Fiona Tom, who has previously worked at Aon, has relocated from Sydney to Singapore for the role.
