News Page 478 / 1003
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- May 18 2021
Q&A: QBE’s Jason Hammond on digitalising claims and pricing
The insurer has been piloting AI models and robotics to support automation.
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- May 18 2021
Axa’s Asia Assistance unit hit by cyber attack
The hack comes soon after the European insurer stopped underwriting ransomware payouts in France.
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- May 17 2021
HKIA designates AIA, Prudential, FWD under GWS framework
Hong Kong joins Australia, Bermuda, Singapore and the UK by enacting group-wide oversight.
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- May 17 2021
Asia’s dealmakers remain lukewarm on M&A insurance
BMS report shows around 10% of Asia Pacific private equity deals are insured.
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- May 17 2021
Gallagher’s China loss is Aon’s gain
The omission of China and HK from the Willis Re sale is a great deal for Aon.
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- May 14 2021
Prudential sees new Q1 business profits rise 21%
The increase comes despite lower sales in Hong Kong and the impact of pandemic-related disruptions.
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- May 14 2021
Thailand’s marine losses higher despite Asia trade slowdown
Overall losses for hull and cargo combined increased 10.3% in 2020.
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- May 14 2021
Austbrokers acquires 50% stake in loss adjuster YDR
The engineering and surveying specialist has operations across Australia.
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- May 13 2021
Japan earthquakes to cost (re)insurers US$1.29bn: GIAJ
Industry association says the February Fukushima EQ alone led to over 130,000 claims.
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- May 13 2021
Samsung Fire & Marine sees Q1 profit jump 163%
Korea's largest P&C player saw investment income climb over 40% but didn't make an underwriting profit.
