News Page 527 / 1052
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- May 19 2021
Velesto oil rig claims to top US$100m
Experts say the final payout for the sunken Naga 7 will depend on whether wreck removal is required.
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- May 18 2021
Acko eyes unicorn status and mulls IPO–report
The Mumbai-based insurtech has a number of high-profile investors including Amazon and Munich Re.
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- May 18 2021
China premium income rises 7.8% in Q1 amid Covid recovery
CBIRC data shows reinsurers were the top performers as assets grew 9.2% to over Rmb540bn.
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- May 18 2021
Peak Re hires from Hannover Re for global retro head
Sascha Bruns is set to join in September and will work on strategy for P&C business.
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- May 18 2021
Q&A: QBE’s Jason Hammond on digitalising claims and pricing
The insurer has been piloting AI models and robotics to support automation.
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- May 18 2021
Axa’s Asia Assistance unit hit by cyber attack
The hack comes soon after the European insurer stopped underwriting ransomware payouts in France.
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- May 17 2021
HKIA designates AIA, Prudential, FWD under GWS framework
Hong Kong joins Australia, Bermuda, Singapore and the UK by enacting group-wide oversight.
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- May 17 2021
Asia’s dealmakers remain lukewarm on M&A insurance
BMS report shows around 10% of Asia Pacific private equity deals are insured.
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- May 17 2021
Gallagher’s China loss is Aon’s gain
The omission of China and HK from the Willis Re sale is a great deal for Aon.
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- May 14 2021
Prudential sees new Q1 business profits rise 21%
The increase comes despite lower sales in Hong Kong and the impact of pandemic-related disruptions.
