News Page 707 / 1081
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- September 23 2019
Ping An to IPO OneConnect in New York: report
The blockchain innovator, which has insurers in its client base, could raise US$1bn.
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- September 20 2019
Projected Faxai losses for MS&AD and Sompo at US$2bn
The typhoon is likely to cost the majors around US$1bn each as total market claims reach 185,000.
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- September 20 2019
Axa completes Munich Re Malaysia legacy transfer
Axa Liabilities Managers' 20th acquisition has gained regulatory approval.
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- September 20 2019
RFIB granted Hong Kong authorisation
The (re)insurance broker will have its full team in place by the end of October.
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- September 20 2019
Thailand’s motor market under pressure
A reduction in the cap on broker commissions could help stem losses.
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- September 20 2019
Four Japan P&C majors plan casualty price hike: report
It would be the first rise in six years and reflects the increased costs of elderly healthcare.
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- September 19 2019
Charles Taylor accepts US$325m PE takeover bid
The services firm's share price climbed over 35% following an offer from Lovell Minnick Partners.
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- September 19 2019
Embedded value of Asia’s majors grows 5.3%
EV at 52 majors increased to US$756 billion last year in Asia according to Milliman.
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- September 19 2019
Jebi loss creep hits Lloyd’s COR
The market made an overall underwriting loss as claims climbed to US$14.5bn in first six months.
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- September 19 2019
Lloyd’s rings up US$3bn profit for H1 2019
CEO John Neal welcomes improved market discipline amid stellar investment returns.
