News Page 596 / 1051
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- August 11 2020
AMP Australia CEO resigns over “internal matter”
The company will provide an update on its life unit sale this week.
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- August 10 2020
Sirius to combine with Third Point Re
The two firms will change name to SiriusPoint and control US$2.5bn of GWP, including in Asia.
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- August 10 2020
RKH Reinsurance Brokers hires Warwick for APAC expansion
The Hyperion-owned broker is looking to establish a treaty book in Asia.
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- August 10 2020
HK Insurance Authority “closely monitoring” US sanctions
The regulator urges market players to assess legal, business and commercial risks.
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- August 8 2020
Sun Life opens in Singapore with Belinda Au as CEO
The move takes the life player's number of markets in Asia to eight.
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- August 7 2020
QBE Australia Pacific CEO steps down
The search is on for Vivek Bhatia's successor.
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- August 7 2020
Asia monsoon season leads to US$20bn economic losses: Aon
There have been over US$750m of insured losses in China alone.
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- August 7 2020
China announces “three year plan” for P&C market
The CBIRC is promising greater reforms -- and scrutiny.
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- August 7 2020
Philippines state insurer officials face charges in US$300m fraud
Case follows Indonesia's state-run Jiwasraya being shut down due to fraud and corruption.
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- August 6 2020
Allianz reveals mixed first half Asia results
While L&H profits fell 9%, P&C climbed 21% bolstered by Malaysia, Sri Lanka and Thailand.
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