News Page 517 / 915
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- December 18 2019
China Re authorised for Hong Kong division
The new state-owned subsidiary should be given final regulatory approval by year-end.
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- December 17 2019
Manulife’s Damien Green to replace Guy Mills in HK
Veteran Mills will become chairman of the board at the international operation.
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- December 17 2019
Dajia, formerly Anbang, to finalise 35% bank stake sale
China's government is also still looking to sell all, or part, of its 98% stake in Dajia Insurance.
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- December 17 2019
Faxai and Hagibis contribute to US$155m Mapfre hit
Major's solvency and capital position remains strong, despite the costs from Japan.
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- December 17 2019
Further damage in New South Wales as 20 buildings destroyed
Extreme heat and continuing fires mean Australia's battle this summer is far from over.
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- December 16 2019
MAS joins Singapore conduct committee
A steering group, including the largest associations, has been established in Singapore.
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- December 16 2019
China’s insurers see loss ratios rocket from swine fever
Payout ratios increase to 130% compared to 50-60% prior to the epidemic.
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- December 16 2019
Claims expected after earthquake in Philippines
The earthquake happened on the country's second largest island.
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- December 16 2019
Hong Kong restates commitment to establish ILS market
SAR's chief executive looks to introduce legislation to enable ILS by early 2020.
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- December 13 2019
Malaysia’s RHB ends sale talks with Tokio Marine
The two firms were unable to agree terms over RHB Insurance.
