News Page 563 / 1062
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- February 5 2021
Perth bushfire losses surpass US$30m
The Insurance Council of Australia has declared a catastrophe for the affected communities.
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- February 5 2021
APAC businesses led global rivals in Covid resiliency: Aon
52% of APAC survey participants had a pandemic plan in place prior to Covid-19.
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- February 5 2021
Asia P&C insurers unprepared for IFRS 17
The challenges are likely to be multiplied for smaller domestic insurers across the region.
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- February 4 2021
Chubb hires head of Asia property from AIG
Alex Todd will oversee the insurer's regional commercial property portfolio from Singapore.
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- February 4 2021
Ping An’s P&C operating profit fell 23% in 2020
Financial guarantee insurance's COR climbed to 111%, but life and health profits increased 5.2%.
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- February 4 2021
Antares commits to Asia despite Lloyd’s China run-off
The specialty player will continue to place China business through Singapore.
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- February 4 2021
South Korea’s digital sandbox a ‘breakthrough’
Move creates opening for insurtechs as the regulator pushes financial services innovation.
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- February 3 2021
Sedgwick acquires New Zealand building consultancy
Thurlow Consulting Engineers will give the loss adjuster in-house engineering and construction expertise.
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- February 3 2021
WTW makes two senior Asia financial lines appointments
Sagar Mehta and Ernest Heng join Singapore team as broker's merger with Aon faces regulatory scrutiny.
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- February 3 2021
Queensland body calls for national reinsurance pool
Local government cites rising unaffordability of insurance in the north of Australia.
