News Page 590 / 1119
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- June 2 2021
Japan’s global majors face heightened supervision
FSA to up scrutiny of MS&AD, Sompo and Tokio Marine's overseas units.
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- June 1 2021
Lockton set to expand in New Zealand
Paul Marsden, Lockton Australia’s CEO, describes the move as a "significant investment" into Pacific expansion.
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- June 1 2021
Tencent-backed venture receives HK reinsurance licence–report
FuSure Reinsurance has applied to reinsure 17 non-life lines including railway rolling stock, aircraft and ship liability.
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- June 1 2021
Hong Kong’s non-life underwriting profit up 55.6% in Q1
Regulator data shows GWP for non-life insurance remained flat at US$2.36bn.
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- June 1 2021
Chaucer eyes South-East Asia renewables market
The specialty Lloyd’s player is at work on a US$100m onshore renewable energy construction facility.
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- May 31 2021
India’s non-life market to face continued headwinds
AM Best notes that motor, health and crop lines were some of the worst performing in FY 2021.
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- May 31 2021
Swiss Re sells off remaining New China Life stake: report
Last week's sale brings to an end an eight-year investment relationship.
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- May 31 2021
HKIA suspends broker’s license for regulatory breach
The regulator also issues fines for failing to submit audited financial documents.
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- May 31 2021
Crawford partners with Godfrey to expand into New Zealand
The acquisition of the loss adjusting and claims management firm is part of a trend of US players expanding into Asia.
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- May 31 2021
PartnerRe poaches Swiss Re exec to head L&H in Australia/NZ
Garry Xue will be based in Hong Kong and report to John Mok, chief executive, L&H Asia Pacific.
