News Page 519 / 1052
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- June 16 2021
Credit Suisse prepares Greensill claims–report
A Tokio Marine subsidiary provided the trade credit insurance for the bankrupt supply chain finance firm.
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- June 16 2021
Kakao Pay handed digital insurance licence by FSC
The South Korea digital giant is eyeing a H1 2022 launch subject to final regulatory approval.
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- June 16 2021
Acko is back as India’s growth champion
The digital motor and health insurer has more than doubled its book in 2021.
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- June 16 2021
Hyundai Marine & Fire underwriting improves on lower motor losses
Reduced auto claims due to a Covid-19 lockdown helped to boost performance.
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- June 16 2021
Bangkok Insurance sees US$720 million in direct premiums for 2020
AM Best report notes the insurer's moderate dependence on reinsurance to manage nat cat exposure.
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- June 15 2021
Victoria flood losses to rise as ICA reveals over 10,500 claims
Suncorp and IAG breach nat cat allowances as Insurance Council of Australia declares catastrophe.
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- June 15 2021
Lloyd’s HK representative to take on Asia markets role—sources
IAN understands that Thomas Haddrill is set to start his new role in Singapore on July 1.
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- June 15 2021
Philippine insurance authority seeks comment on agriculture PPP
Insurers would need to reinsure a minimum of 10% of the risk with Nat Re.
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- June 14 2021
Nat Re underwriting profits rise on lower non-life losses
AM Best report notes the reinsurer maintains a moderate dependence on retrocession.
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- June 14 2021
Sri Lanka’s non-life market to veer away from motor
Fitch analyst tells IAN a vehicle import ban has created a shift toward other business lines.
