News Page 513 / 1003
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- December 31 2020
2020 people move round-up
There were leadership changes at AIG, Allied World, Axa XL, Manulife, Swiss Re and Zurich.
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- December 30 2020
ACCC points to broker fees in northern inquiry report
Australia's competition authority says cover needs to be reviewed and stamp duty abolished.
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- December 30 2020
Philippines P&C sector sees 18% H1 2020 premium drop
Insurance Commission notes decline across the board but profitability holds up.
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- December 30 2020
Asia 2020 regulatory review
The sector has faced some significant challenges over the last 12 months.
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- December 29 2020
Japan’s insurers to ramp up ESG exposure in 2021
Nippon Life to introduce ESG criteria for its entire investment portfolio in April.
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- December 29 2020
ICICI Pru Life inks deal with AU Bank
The deal expands the insurer's distribution channels among underserved populations.
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- December 29 2020
HKIA finalises new capital rules
The Insurance Authority expects the regulations to come into force in Q1 2021.
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- December 29 2020
RCEP to comprise 25% of global premiums
Asian trade deal will come into force in 2021 and boost premiums by US$9.6bn by 2030.
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- December 28 2020
China warns insurers over ‘arbitrary’ expansion
The new CBIRC regulations come amid an environment of increased government oversight.
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- December 28 2020
Cyber insurance market to reach US$9.5bn in 2021
The Asia Pacific region recorded the highest number of malicious data breaches in 2019.