News Page 467 / 915
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- July 16 2020
Taiwan’s Cathay Life to take majority stake in Indonesian bank
The Taiwanese insurer sticks to its strategy.
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- July 16 2020
SCB Thailand sets up brokerage, will hire 500 agents
The move comes after the top bank sold its life insurance unit to FWD.
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- July 15 2020
Japan flood losses to reach “hundreds of millions”: report
Aon says insurers are expecting at least thousands of claims.
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- July 15 2020
Securities class action and D&O ramping up worldwide: report
Australia's "thriving" litigation activity has led to a surge in D&O costs and demand.
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- July 15 2020
WTW names APAC head of financial solutions
The broking giant has also promoted Stuart Ashworth.
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- July 14 2020
Aon’s Case says pay cut was “fact-driven decision”
The broker's chief executive defends company's decision to cut staff salaries.
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- July 14 2020
Markel appoints Asia global head to spearhead renewables
A renewable energy specialist joins from Aon.
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- July 14 2020
Suncorp reflects on bushfires as NZ earthquake premiums soar
The affordability of insurance has come under scrutiny in Australia and New Zealand.
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- July 13 2020
Tahoe Group exploring sale of Tahoe Life: report
A sale for the troubled Chinese conglomerate could raise US$1bn.
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- July 13 2020
ICA responds to bushfire enquiry as claims reach US$1.63bn
Rob Whelan, ICA’s chief executive, believes there are too many taxes to help consumers afford cover.
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