News Page 695 / 1247
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- August 13 2021
Singapore life insurers see 61% new business growth in H1 2021
The first half of the year saw a significant growth in the number of policies purchased online.
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- August 13 2021
Australia’s D&O rates to stabilise with new disclosure law
A temporary rule introduced during the pandemic has been made permanent.
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- August 12 2021
Aviva to increase stake in India JV: report
The London-headquartered insurer will increase its stake from 49% to 74% when new FDI regulations permit.
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- August 12 2021
Asia M&A insurance set for growth as deals rebound
Beazley underwriter Jade Cummings tells Lloyd's Asia webinar the demand for merger-related cover is set to grow across the region.
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- August 12 2021
China’s record floods dominate July’s Asia claims
Aon reports says US$1.7bn of insured losses is highest nat cat payout for the Chinese insurance industry on record.
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- August 12 2021
Prudential CEO: H1 2021 results ‘resilient’ despite Jackson write-down
After-tax profit from continuing operations was US$1.07bn up from US$622m the previous year.
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- August 12 2021
Asia’s forestry rates harden as capacity squeezed
Australia saw price hikes of 100-150% after fires generated insured losses of A$300m in 2020.
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- August 11 2021
IAG sees FY 2021 loss, flags A$1bn insurance profit
Business interruption claims related to Covid-19 weighed heavily on performance.
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- August 11 2021
New Zealand’s ‘costliest’ tornado leaves a NZ$32m bill
The Insurance Council of New Zealand says NZ$24m of the claims were related to residential property.
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- August 11 2021
Comsure-WRI merger creates Austbrokers’ fifth-largest entity
The deal combines A$120m in annual GWP and over 70 employees.
