News Page 613 / 1051
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- June 3 2020
Australia’s P&C market suffers 533% Q1 profit drop
Over US$600m of losses occurred from both nat cat claims and falling investment returns.
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- June 3 2020
Swiss Re CorSo selects APAC property and specialty lead
A long-serving company exec is moving from Chicago to Singapore.
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- June 2 2020
Vinod Krishnan to join JB Boda
The former Aon and JLT Re exec will support the broker's APAC reinsurance teams.
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- June 2 2020
China’s Huize sees 40% GWP jump as CEO “optimistic”
The digital player's results follow its downgraded Nasdaq IPO in February.
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- June 2 2020
India to revisit nat cat pool following latest cyclone
Cyclone Amphan will likely trigger hundreds of millions of dollars in claims.
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- June 1 2020
HK market soars to US$21bn, “mounting pressures” to come
The Insurance Authority expects an economic downturn and market stress moving forward.
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- June 1 2020
AIG on hook for Pakistan plane crash: report
A Pakistan International Airlines plane crashed on May 22 killing 97 people.
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- June 1 2020
Kakao and Samsung Fire & Marine end digital venture
A disagreement about selling motor insurance is understood to be the key reason.
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- May 29 2020
Tower CEO Harding axes 108 jobs, says “digital is the future”
The move is aimed to ensure a "long-term sustainable business" for the Kiwi insurer.
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- May 29 2020
Australia and New Zealand nat cat bill shoots to US$3.5bn
Insurers are still dealing with multiple recent disasters alongside Covid-19.
