News Page 759 / 1350
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- December 21 2021
Philippine regulator urges insurers to fast-track Typhoon Rai claims
Insurance Commission head Dennis Funa says there has been widespread damage from landslides and flooding.
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- December 21 2021
CBIRC’s new broker regs open door for foreign firms
The regulator has removed a minimum asset requirement of US$200m among other changes.
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- December 20 2021
Sompo hands group CEO additional chairman role
Kengo Sakurada will assume the two top roles at the Japanese insurer effective April 1, 2022 with Mikio Okumura becoming president.
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- December 20 2021
Allianz Malaysia appoints new chief executive
Sean Wang will replace the outgoing Zakri Khir who is retiring at the end of the year.
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- December 20 2021
Fanhua to go private, delist from Nasdaq amid political tensions
Company spokesperson tells IAN that "international relations" affected the decision to exit the US.
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- December 17 2021
Tugu Re’s CR up on overseas, health claims: Fitch
The reinsurer's non-life combined ratio increased to 107.5% by the end of September after averaging 105.2% between 2018-20.
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- December 17 2021
HKIA appoints Stephen Yiu as new chairman
The former KPMG (China) chief executive is replacing Moses Cheng and will take up his new role on December 28.
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- December 17 2021
Nat cat toll shows no sign of slowdown
Insurers hit by US$105bn losses in 2021, making it the fourth worst year on record.
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- December 16 2021
Japan summer rainfall claims surpass US$400m: GIAJ
A previous estimate in September was around US$300m lower than the latest figure.
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- December 16 2021
Peak Re eyes US casualty expansion: AM Best
The Hong Kong-based reinsurer also plans to continue growing its non-proportional treaty business.
