News Page 495 / 1064
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- October 7 2021
Victoria earthquake claims rise to A$147m: ICA
9,850 claims have been lodged to date with insurers so far.
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- October 7 2021
Australia’s nat cat costs on upward trajectory
Natural disasters cost Australia around A$38bn per year but this figure is set to rise significantly.
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- October 6 2021
Mega Insurance posts ‘satisfactory’ underwriting performance: Fitch
The insurer has slashed its credit insurance portfolio -- which has resulted in outsized losses for Indonesia's P&C players.
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- October 6 2021
Gallagher/Willis Re: UK antitrust watchdog launches phase 1 review
The Competition and Markets Authority's initial decision on the proposed deal is due November 29.
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- October 6 2021
Swiss Re weighs investment in Paytm Insurance: report
The digital payments firm is reportedly looking to formalise its insurance operations as it eyes an acquisition of Raheja QBE.
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- October 6 2021
Hong Kong insurance density hits new record
Premiums in the city reached HK$78k per person despite 5.5% economic contraction.
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- October 5 2021
China Development Financial to buy 100% of Taiwan’s China Life Insurance
The transaction is expected to close by the end of 2021 following regulatory approval.
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- October 5 2021
Ping An looks to sell New Founder Group’s life insurance arm: report
The insurer acquired its stake in the business arm of Peking University after the latter ran into financial difficulty.
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- October 5 2021
Japan’s SMEs see rise in corporate risks: GIAJ
General Insurance Association of Japan survey highlights a low level of consciousness among small-and-medium-sized enterprises.
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- October 5 2021
China Re fires starting gun on Hong Kong ILS
The reinsurer is seeking retrocession cover for typhoon-related risk in the Greater Bay Area.
