News Page 695 / 1093
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- December 20 2019
Beazley bolsters China operation
April Yang will help write specialty reinsurance.
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- December 19 2019
QBE’s rates rise but underwriting hit by US claims
A year of mixed fortunes at the Aussie major could see a combined ratio miss.
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- December 19 2019
90% profit drop for India’s general market
After-tax profits fell to US$96m, compared to US$972m in 2018.
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- December 18 2019
Collapsed CBL racks up additional charges
New Zealand's Fraud Office and Financial Markets Authority accuse the firm of serious wrongdoing.
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- December 18 2019
Japan Post ordered to halt several operations: report
The giant, accused of mis-selling, will be stripped off its ability to run in certain areas by the FSA.
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- December 18 2019
China Re authorised for Hong Kong division
The new state-owned subsidiary should be given final regulatory approval by year-end.
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- December 17 2019
Manulife’s Damien Green to replace Guy Mills in HK
Veteran Mills will become chairman of the board at the international operation.
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- December 17 2019
Dajia, formerly Anbang, to finalise 35% bank stake sale
China's government is also still looking to sell all, or part, of its 98% stake in Dajia Insurance.
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- December 17 2019
Faxai and Hagibis contribute to US$155m Mapfre hit
Major's solvency and capital position remains strong, despite the costs from Japan.
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- December 17 2019
Further damage in New South Wales as 20 buildings destroyed
Extreme heat and continuing fires mean Australia's battle this summer is far from over.
