News Page 668 / 1211
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- July 19 2021
China puts Dajia Insurance on the auction block for US$5.2bn
Beijing is selling off the caretaker firm managing the assets of the now defunct Anbang Insurance Group.
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- July 19 2021
India seeks advisors for LIC’s blockbuster IPO
The country's largest life insurer posted record new business premiums of US$24.4bn for FY 2020/21.
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- July 19 2021
Malayan reliant on reinsurance to write large property risks: AM Best
The largest Philippine P&C player had GWP of US$280m in 2020.
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- July 16 2021
China sees 5.2% premium growth in H1 2021
CBIRC figures show total premium income hit US$449bn by the end of June.
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- July 16 2021
Fairfax ownership to bolster Singapore Re: Fitch
The reinsurer is being taken private by the Canadian giant in a US$155m deal.
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- July 16 2021
Labuan pushes digitalisation and inclusion
(Re)insurers in the Malaysian financial hub saw GWP rise 6.7% to US$1.6bn in 2020.
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- July 16 2021
Hong Kong sustainable finance group unveils priorities
The carbon and risk initiative involves participation from the HKFI, Target Insurance and QBE HK.
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- July 16 2021
Asia’s non-life sales pass US$100 per person for first time
General insurance density in the region (ex-Japan) also rose almost 10% in 2020.
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- July 15 2021
China to drive Asia premium growth in 2021, 2022: Swiss Re
Consumers in the region are increasingly comfortable using digital channels.
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- July 15 2021
Marsh appoints WTW’s Indonesia head as South Asia client chief
Luke Ware will relocate from Jakarta to Singapore as he takes up the new role in Q4.
