News Page 585 / 1119
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- June 18 2021
Lloyd’s Constellation reinsurance deal to aid APAC growth
Lloyd's Asia CEO tells IAN the extra cover will help support syndicates' regional ambitions.
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- June 18 2021
Bangladesh pushes for more insurers to go public–report
Local insurance companies have been granted exemptions from certain IPO rules.
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- June 18 2021
US DoJ files antitrust lawsuit to block Aon/WTW merger
Brokers say action reflects a "lack of understanding" of the market.
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- June 18 2021
CBIRC drafts rules to constrain shareholder behaviour
The rules seek to improve governance and strengthen supervision at banks and insurers.
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- June 18 2021
Australian disrupter Honey Insurance raises A$15.5m
The online home insurance underwriting agency is backed by the mutual motor insurer RACQ.
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- June 17 2021
FWD files IPO registration in US
Report suggests the Hong Kong-headquartered insurer could raise up to US$3bn by end of 2021.
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- June 17 2021
MAS reprimands AIA, Aviva and Prudential for regulatory breaches
The SG regulator cited numerous failings around risk management and remuneration.
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- June 17 2021
Axa’s €300m BI offer won’t fly down under
Australia is by far the most amenable jurisdiction to class actions in Asia.
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- June 16 2021
Credit Suisse prepares Greensill claims–report
A Tokio Marine subsidiary provided the trade credit insurance for the bankrupt supply chain finance firm.
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- June 16 2021
Kakao Pay handed digital insurance licence by FSC
The South Korea digital giant is eyeing a H1 2022 launch subject to final regulatory approval.
