News Page 635 / 1247
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- March 16 2022
Claims dent profits at HK insurers
Axa retained its crown as the city’s biggest general insurer, but the market saw profits fall 19%.
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- March 16 2022
Evergreen container ship runs aground, insured loss remains unknown
One year after a sister ship was stuck in the Suez Canal, the Ever Forward is stranded near Maryland.
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- March 15 2022
Senior China official calls for insurers to issue ILS in HK: report
Samuel Yung suggests the SAR and GBA develop a climate and disaster data sharing framework.
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- March 15 2022
Gallagher rebrands in India, eyes Asia expansion
US broker is in "advanced discussions with potential acquisitions” in the region.
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- March 14 2022
Swiss Re Corporate Solutions appoints Greater China CEO
An experienced AIG exec will take on the role in April from Shanghai.
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- March 14 2022
CPIC reports rising premium income for both property and life
CPIC's property premiums have surged 15.7% year-on-year, whilst its life unit saw a rise of 2.3%.
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- March 14 2022
GWP jumps 2.6% for Hong Kong’s GI sector: HKIA
Premiums for the industry as a whole decreased by 0.9% due to performance of long-term business.
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- March 14 2022
Flood claims hit US$1.5bn: ICA
Over 135,000 claims have been received from south-east Queensland and New South Wales.
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- March 11 2022
Australian broker PSC raises US$59m for M&A
ASX-listed firm is targeting commercial broker deals in Australia and the UK.
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- March 11 2022
HKIA urges market to review plans ahead of Covid testing
The capacity and integrity of IT systems must be critically evaluated, says the regulator.
