News Page 674 / 1224
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- August 6 2021
Henan flood claims surpass US$1.74bn
The local CBIRC office says insurers have received over 500,000 claims so far.
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- August 6 2021
Moody’s buys RMS for US$2bn to bolster climate risk analytics
The rating agency flagged the risk modelling firm's P&C and life (re)insurance capabilities.
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- August 6 2021
HDI Global’s Silton handed additional role as Malaysia head
The Singapore-based executive takes over from Danh Duong, who will now focus on operations in Vietnam.
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- August 5 2021
Cyber insurance pricing hardens as attacks escalate
Lloyd's webinar told that cyber cover has been underpriced for many years.
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- August 5 2021
CBIRC extends capital rules for ceding reinsurance to Hong Kong
China regulator says the policy can help the SAR become a global risk management centre.
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- August 5 2021
Taiwan’s non-life premiums rose 6.2% to US$6.8bn in 2020
The P&C sector saw pre-tax profits grow 54.4% to NT$12.2bn in H1 2021.
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- August 5 2021
Bigger ships, more frequent and severe transit delays
As vessels increase in size and the maritime transport system grows more complex, the potential for value-destroying delays increases.
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- August 4 2021
Westpac to sell its life unit to Dai-ichi in US$1bn deal: report
Bloomberg report says official deal announcement could come by the end of August.
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- August 4 2021
Lloyd’s players highlight strong demand for political violence cover
Strikes, riots and civic commotion (SRCC) rates generally flat in Asia except for distressed regions such as Myanmar.
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- August 4 2021
RGA sees APAC Q2 loss as Covid claims bite in India
The US-based reinsurer, however, described its experience in the region beyond the pandemic as "favourable".
