News Page 523 / 1003
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- November 17 2020
Reinsurers’ Covid losses slow, demand in Asia grows: Fitch
Sector to benefit from growing risk appetite, higher prices and stricter policy terms.
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- November 17 2020
Bushfire season reignites as Bureau of Meteorology issues warning
A fire in Victoria, extreme heat and a damning scientific climate report see market on high alert.
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- November 17 2020
2019 Timaru hailstorm losses soar to US$117m: ICNZ
As the first year anniversary approaches, the claims bill is a significant increase over previous figures.
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- November 16 2020
Suncorp reserves US$90m for Covid claims, market awaits court ruling
The insurer is preparing for the worst after three months of lockdown in Victoria.
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- November 16 2020
CBIRC warns on “irrational exuberance” and “oligopolies”
A build up of debt in the financial system and a rush towards innovation are worrying the regulator.
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- November 13 2020
Chinese insurers eye US$1bn Tahoe Life deal: report
Ping An and Sunshine Insurance have been named as potential buyers.
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- November 13 2020
Age of 5-year plan for insurers is “long gone”: FWD’s Huynh
The group CEO says digital models that integrate 'human factor' will succeed.
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- November 13 2020
Samsung insurers advance Korea ESG momentum
The life and P&C units have issued a "coal-free declaration."
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- November 13 2020
Global (re)insurance recovery to be led by China, rates: Swiss Re
(Re)insurance markets have been less severely impacted than expected.
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- November 12 2020
Asian insurance M&A to be reinvigorated in 2021
Clyde & Co and McKinsey give their forecasts for M&A strategy and growth ahead.
