News Page 406 / 1061
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- August 30 2022
China Taiping’s domestic P&C arm sees H1 COR improve to 98.8%
Taiping Re's P&C division fell to an underwriting loss of US$21m.
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- August 30 2022
Lockton rejects Adani’s Carmichael mine deal: report
The broker is the latest (re)insurance firm to distance itself from the controversial project.
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- August 29 2022
‘Unprecedented’ Pakistan flooding triggers US$10bn damage
Large P&C carriers such as Adamjee Insurance and United Insurance could see significant claims.
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- August 29 2022
CPIC P&C combined ratio improves to 97.2% in H1 2022
P&C GWP saw a 12.3% increase driven by agriculture and health businesses.
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- August 29 2022
APAC reinsurers may see rate hikes for 2023 renewals: AM Best
Regional carriers posted annual average net premium growth of 8.7% between 2017 and 2021.
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- August 29 2022
Insurtech Igloo launches Indonesian platform
It will offer motor and accident insurance and allow intermediaries to provide products.
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- August 27 2022
Five major Chinese (re)insurers likely to be hit by drought: source
IAN understands that PICC, China Insurance (CIC), China Life P&C, CPIC and China Agricultural Re all face claims.
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- August 26 2022
Australia’s P&C underwriting profits rose 328% on back of reinsurance recoveries: APRA
Net incurred claims fell 5.1% to US$18.2bn for the year ending June 30.
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- August 26 2022
QBE veteran to take reins at 360 Underwriting Australia
Jason Clarke is set to join as CEO at the Lloyd's coverholder and specialty MGA in November.
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- August 26 2022
Tune Protect sees strong H1 premium growth but losses widen
Covid claims at its Thai subsidiary drove up total claims to US$10.7m.
