News Page 517 / 1052
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- June 23 2021
AIA gets greenlight from CBIRC for Hubei branch
Mainland China has become the insurer's largest market for new business.
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- June 23 2021
Japan P&C insurers grow overseas premiums
But Tokio Marine, MS&AD and Sompo still reported weaker international profits.
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- June 23 2021
CBIRC to increase oversight of insurance execs’ qualifications
The new regulations will come into force on July 1, 2021.
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- June 22 2021
Generali seeks to merge two Malaysia P&C players
Italian insurer agrees to buy 53% of Axa Affin GI and 100% of MPI Generali.
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- June 22 2021
Howden appoints former Marsh trio in Australia
Matt Bacon, Stuart McKellar and Nick Chubb have all taken on key roles in Sydney.
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- June 22 2021
Victoria flood claims surpass A$160m
The Insurance Council of Australia has told IAN over 17,800 claims have been lodged so far.
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- June 22 2021
Aon/WTW falls foul of antitrust’s golden rule
US competition watchdogs will always be wary of any "Big Three" merger.
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- June 22 2021
China Re’s Hong Kong unit ‘strategic’ to wider group
AM Best upgrade comes after a US$258m capital injection from China Re Life.
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- June 21 2021
Indian insurtech RenewBuy raises US$45m
The Series C round was led by the UK-based private equity firm Apis Partners.
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- June 21 2021
Hollard snaps up CBA’s P&C arm for A$625m
South Africa's largest privately owned insurer fought off rivals such as Allianz and IAG.
