News Page 497 / 1064
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- September 30 2021
Asia’s insurers face fluid M&A landscape
A series of smaller deals may be more effective than pursuing a single transformative transaction.
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- September 29 2021
Evergrande’s 50% stake in life arm could fetch US$600m — report
Bloomberg analyst warns that over US$2bn is needed to improve Evergrande Life Assurance's solvency ratio beyond 200%.
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- September 29 2021
HDI Global appoints Asean claims head
Singapore-based Raymond Ong joins the industrial lines insurer from Willis Towers Watson.
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- September 29 2021
Cover Genius: Sompo Asia leads US$72m Series C round
The Sydney-headquartered insurtech says GWP has tripled over the last six months.
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- September 29 2021
Samsung F&M shrinks Korean book
A reduction in domestic premiums has helped to boost profitability.
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- September 28 2021
UNDP launches insurance and risk finance facility
The initiative aims to protect vulnerable communities from socio-economic, climate and health-related disasters.
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- September 28 2021
NZ regulator takes swipe at credit card insurance
Financial Markets Authority says loss ratios are as low as 10% for the business line compared to 80% for health insurers.
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- September 28 2021
CBIRC wants mainland insurers to use HK as cat bond hub — report
The move comes soon after China’s Henan province saw devastating flooding in July.
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- September 28 2021
MS Amlin acquisitions doubles MS&AD’s overseas business
The (re)insurer posted a US$380m underwriting loss due to Covid-related BI and event cancellation claims.
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- September 27 2021
Munich Re appoints head of casualty treaty in Asia
Michaela Hannemann will be based in Singapore and be responsible for Japan, India, South Korea and SE Asia.
