News Page 468 / 1002
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- June 22 2021
Aon/WTW falls foul of antitrust’s golden rule
US competition watchdogs will always be wary of any "Big Three" merger.
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- June 22 2021
China Re’s Hong Kong unit ‘strategic’ to wider group
AM Best upgrade comes after a US$258m capital injection from China Re Life.
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- June 21 2021
Indian insurtech RenewBuy raises US$45m
The Series C round was led by the UK-based private equity firm Apis Partners.
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- June 21 2021
Hollard snaps up CBA’s P&C arm for A$625m
South Africa's largest privately owned insurer fought off rivals such as Allianz and IAG.
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- June 21 2021
Pakistan regulator drafts framework for digital and microinsurers
The draft rules aim to help reduce minimum paid-up capital requirements.
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- June 21 2021
Asia marine market braces for X-Press Pearl ‘total loss’
The focus is now on wreck removal and containing the environmental damage.
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- June 18 2021
Lloyd’s Constellation reinsurance deal to aid APAC growth
Lloyd's Asia CEO tells IAN the extra cover will help support syndicates' regional ambitions.
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- June 18 2021
Bangladesh pushes for more insurers to go public–report
Local insurance companies have been granted exemptions from certain IPO rules.
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- June 18 2021
US DoJ files antitrust lawsuit to block Aon/WTW merger
Brokers say action reflects a "lack of understanding" of the market.
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- June 18 2021
CBIRC drafts rules to constrain shareholder behaviour
The rules seek to improve governance and strengthen supervision at banks and insurers.
