News Page 471 / 1064
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- December 29 2021
CBIRC: 2020 Covid claims totaled US$77m
Covid-related claims accounted for less the 1% of total industry pay-outs in 2020.
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- December 29 2021
Australia’s insurers set for improved 2022
General insurers down under saw underwriting profits jump 163% in the first nine months of 2021.
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- December 28 2021
Tokio Marine sees NPW rise as rates harden
Domestic NPW at Japan's largest P&C player increased by 3.2% in H1 2021 while overseas premiums increased by 8.9%.
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- December 28 2021
Hong Kong’s ICB ups jurisdiction limit
The increase to US$150,000 will come into effect from January 1, 2022.
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- December 28 2021
PartnerRe to diversify Covéa’s business profile: AM Best
The deal is expected to broaden the French mutual insurer's product offering and geographic footprint.
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- December 28 2021
Sompo Japan’s overseas premium rates to increase in 2022: Moody’s
Sompo saw 26% increase of overseas premium in the first half of 2021.
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- December 28 2021
APAC Broker M&A 2021 review
The last year saw a host of regional deals both large and small across insurance and reinsurance.
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- December 24 2021
Lloyd’s Asia launches renewable energy consortium
Chaucer, Markel and Munich Re Syndicate developed the new offering that will have a maximum capacity of US$100m per project.
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- December 24 2021
Korea’s FSC flags health, IFRS 17 as 2022 insurance priorities
The regulator has also introduced measures this year that allow insurers to expand their digital offerings.
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- December 23 2021
Marsh takes majority control of India JV
The broker has increased its stake from 49% to 92% following similar moves by Aon, Gallagher and WTW.
