News Page 672 / 1164
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- January 11 2021
QBE ups 2021 nat cat allowance to US$685m from US$550m
Insurer says reinsurance terms came in better than it had budgeted for.
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- January 11 2021
MSIG Hong Kong hires new marine manager
Cindy Pang previously held cargo and BD roles with Marsh and Tokio Marine.
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- January 11 2021
Zhejiang Geely takes 33% stake in Union P&C
Chinese automaker investment comes amid motor insurance reforms.
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- January 11 2021
Insurtech bulls to run despite GoBear collapse
Last week’s bad news won't stop investment appetite staying strong.
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- January 8 2021
China’s P&C insurers crash to US$1.2bn underwriting loss: report
Investment returns allowed sector to achieve an overall profit of Rmb5bn.
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- January 8 2021
Asia’s 2020 nat cat losses highlight lack of cover: Munich Re
Only US$3bn out of US$67bn total losses were covered.
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- January 8 2021
Jack Ma debacle a cautionary tale for insurers
The saga surrounding the Alibaba founder highlights regulators' struggle with innovation.
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- January 8 2021
Pandemic event cancellation cover near ‘impossible’ after Olympics hit
Industry players tell IAN that coverage has become scarce.
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- January 7 2021
Typhoon Mangkhut analysis highlights HK’s risk exposure
The Special Administrative Region has been ranked as having the highest natural disaster risk in Asia.
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- January 7 2021
‘Black Summer’ bushfires to cost Aussie market US$1.45bn
Catastrophe data provider Perils provides final P&C loss estimate.
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