News Page 568 / 1051
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- December 1 2020
South Korea eyes Insurance Business Act revisions in H1 2021
Financial regulator creates taskforce to facilitate implementation of IFRS 17.
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- December 1 2020
Aviva Singlife confirms exec team as US$2.4bn deal completes
The transaction follows an issuance of US$411m of Tier 2 notes.
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- December 1 2020
AUB Group purchases 360 Underwriting Solutions
The broking group's underwriting agencies set to be restructured into three sub-divisions.
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- November 30 2020
P&C sector grows 5.5% to US$59.4bn: HKIA
Despite signs of resilience, motor and EC have seen sustained underwriting losses.
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- November 30 2020
Samsung Fire & Marine signs joint venture with China’s Tencent
Deal with South Korean digital giant Kakao failed over access to motor insurance business.
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- November 30 2020
NSW’s market on alert after bushfires and extreme heat
Summer started with an unwelcome combination over the weekend.
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- November 30 2020
Japan’s P&C majors to bounce back in 2021: Fitch
Tokio Marine, MS&AD and Sompo more exposed to Covid-19 risk in overseas markets.
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- November 26 2020
MAS calls for more cooperation with China on catastrophe cover
Singapore’s regulator is targeting joint initiatives for flood-torn Chongqing.
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- November 26 2020
‘Significantly lower’ profits at Australia’s P&C players: APRA
It has been a tough 12 months for the sector as market enters perilous summer season.
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- November 26 2020
Greater China Willis Towers Watson director to leave
IAN also understands WTW has named a replacement to oversee the China financial lines portfolio.