News Page 491 / 1003
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- March 30 2021
Hong Kong’s GWS framework comes into effect
Regulator's chief executive hopes the move will attract more big players.
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- March 29 2021
Sedgwick appoints Asia forensic advisory head
Linda Sim, a senior manager at the loss adjuster since 2017, takes on the role.
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- March 29 2021
China Pacific Insurance profits decline 11.4% in 2020
The insurance giant saw new life business fall 27.4% while non-motor P&C GWP grew 30%.
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- March 29 2021
The cost of Singapore’s circuit breaker
While the P&C market booked big profits, IAN analysis shows a wide variety of outcomes across different business lines.
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- March 29 2021
IAG pegs recent flood losses at US$153m
NSW and Queensland see 25,000 claims so far according to the Insurance Council of Australia.
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- March 26 2021
South Korea insurers’ profit spike to face 2021 headwinds
Regulator reveals 14% increase for 2020 but expert predicts claims jump as Covid-19 restrictions are relaxed.
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- March 26 2021
Iain Reynolds and Andrew Souter to co-lead Peak Re’s P&C operation
Head of analytics and director of markets step up as Chris Kershaw retires.
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- March 26 2021
Marsh complaint unlikely to hold water in Greensill saga
Directors at Credit Suisse are reported to have said that the broker didn’t wave any "red flags" about cover.
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- March 25 2021
ICA: ‘Substantial’ BI issues to be resolved in 2021
Oral arguments in appeal of first test case could be heard in May.
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- March 25 2021
Malaysia’s motor market needs ‘opening up’: PIAM
Industry body urges changes in how insurers can price risk to address consistent losses.