News Page 478 / 1110
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- June 2 2022
Aussie flood estimates rise by 28%: ICA
Estimates of insured losses now top US$3 billion, with claims at 216,465.
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- June 2 2022
Asian captives lack strategic direction for dealing with cyber
Brokers and (re)insurers are advocating for a more structured approach to the captive model.
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- June 1 2022
Hong Kong’s insurers saw 144% underwriting profit surge in Q1: HKIA
The net premium of the general insurance business was US$1.53 billion in Q1.
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- June 1 2022
Axa’s China P&C unit adopts new AI pricing system
The firm will become the 13th Axa entity and the first Chinese insurer to use the technology.
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- June 1 2022
FWD postpones Hong Kong IPO: report
The insurer may resume listing plans when market conditions improve.
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- June 1 2022
Howden India: “We will keep our ears and eyes open to M&A opportunities”
Acquisition of full ownership by foreign brokers heralds a coming wave of consolidation.
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- May 31 2022
Allianz GI China JV insufficiently capitalised for growth: Fitch
The firm's solvency ratio has fallen from 320% to 200%.
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- May 31 2022
HKIA struggles with staff shortages: report
The regulator lost 16% of staff last year, according to Stephen Yiu.
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- May 31 2022
Jebsen appoints Cindy Yu as new insurance head
A number of new staff will also be joining JIB to strengthen the team.
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- May 31 2022
Despite a hardening market in Asia, DLT is still not catching on
Cultural resistance is one of the obstacles standing in the way of wider adoption.
