News Page 567 / 1195
-
- May 19 2022
QBE and MS First Capital are liable for the BI claim from Phuket resort: report
This is believed to be the first such ruling on the interpretation of BI clauses in Singapore.
-
- May 18 2022
Starr acquires FPG’s Thai operations
The firm will strengthen local product offerings with tailored commercial insurance and A&H cover.
-
- May 18 2022
Malaysian insurers predict ‘substantial’ price increases due to floods: study
On average around 10% of economic losses are covered, a new report reveals.
-
- May 18 2022
Lockton sees record 27% YOY growth as APAC expansion continues
The broker has enlarged its footprint in Australia, New Zealand and Macau.
-
- May 18 2022
Petronas’ captive rating boosted by favourable COR: AM Best
Energas Insurance has has a five-year average combined operating ratio of 66%.
-
- May 17 2022
Raheja QBE and Paytm M&A deal ‘terminated’
The deal to acquire 100% of the company was first signed in the summer of 2020.
-
- May 17 2022
Marsh appoints new Taiwan CEO
Current chief executive Jerry Mao moves into chairman role.
-
- May 17 2022
IRDAI changes reporting rules for foreign reinsurers and Lloyd’s
There are now fewer reporting requirements.
-
- May 16 2022
China to set up multi-disaster nat cat system
A CBIRC-run protection scheme currently provides around US$94bn of protection.
-
- May 16 2022
Commercial lines give Zurich 11% boost in APAC P&C as rates stay ‘moderate’
Rates at the insurer climbed 3% in Q1, with P&C GWP hitting US$832m.
