News Page 723 / 1211
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- December 18 2020
QBE’s shares dive on US$1.5bn FY loss warning
ASX-listed global P&C player hit hard by Covid-19, nat cats and North America write-downs.
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- December 17 2020
Japan Post’s shares soar on reports of US$2.9bn buyback
The scandal-hit insurer could pursue more deals if its state-owned parent's stake drops below 50%.
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- December 17 2020
Japan’s ‘non-lifers’ primed to defy negative outlook
Financial risks aside, 2021 offers potential for strong performance.
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- December 17 2020
HKIA flags reinsurance moves in annual report
Tax concessions and ILS highlighted as key wins by the regulator in pandemic-hit year.
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- December 16 2020
Tencent’s reinsurer plans to face regulatory headwinds
The firm’s insurance platform WeSure was hit with a CBIRC fine in August over misleading marketing.
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- December 16 2020
Australia’s Adani coal mine sees 28th (re)insurer back out
Fidelis has said it won't provide cover for the controversial coal project.
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- December 16 2020
Partners Life buys NAB’s New Zealand life business for US$206m
Another Australian lender exits the life market.
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- December 15 2020
Philippines PNBGen to merge with Alliedbankers Insurance
Billionaire Lucio Tan is on both sides of the transaction.
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- December 15 2020
Asean non-life market fell 6.6% in 2020: Malaysian Re
Cambodia and Vietnam will likely be outliers with growth of 7%-10%.
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- December 15 2020
FWD Japan appoints Hideki Yamagishi as new CEO
The move comes amid a tough year for the business, which has been impacted by the pandemic.
