News Page 696 / 1195
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- February 8 2021
No ‘A grades’ from CBIRC in new governance rankings
Six insurers, including China Re and Ping An, received a ‘B’ rating from the regulator.
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- February 8 2021
Ant Group’s woes a boon for established insurers
CBIRC intervention suggests higher barriers to entry for would-be digital disrupters.
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- February 5 2021
Ratings round-up: Malaysian Re retains ‘strong’ IFS rating
Indonesian reinsurance player Tugure also keeps 'A+' rating from Fitch.
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- February 5 2021
Perth bushfire losses surpass US$30m
The Insurance Council of Australia has declared a catastrophe for the affected communities.
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- February 5 2021
APAC businesses led global rivals in Covid resiliency: Aon
52% of APAC survey participants had a pandemic plan in place prior to Covid-19.
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- February 5 2021
Asia P&C insurers unprepared for IFRS 17
The challenges are likely to be multiplied for smaller domestic insurers across the region.
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- February 4 2021
Chubb hires head of Asia property from AIG
Alex Todd will oversee the insurer's regional commercial property portfolio from Singapore.
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- February 4 2021
Ping An’s P&C operating profit fell 23% in 2020
Financial guarantee insurance's COR climbed to 111%, but life and health profits increased 5.2%.
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- February 4 2021
Antares commits to Asia despite Lloyd’s China run-off
The specialty player will continue to place China business through Singapore.
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- February 4 2021
South Korea’s digital sandbox a ‘breakthrough’
Move creates opening for insurtechs as the regulator pushes financial services innovation.
