News Page 805 / 1086
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- August 9 2018
Munich Re to quit coal-related investments
It will limit investments in companies that derive more than 30% of their business from burning coal.
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- August 9 2018
China resumes inquiry into insurance officials
Close to 40 regulatory personnel have been under investigation since mid-July.
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- August 8 2018
Chubb launches flight delay insurance in Australia
Offered in partnership with Swiss Re, the new policy pays out automatically for delays as short as 30 minutes.
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- August 8 2018
Starr acquires Aspen’s aviation business
The value of the aviation book is estimated to be in excess of US$50m in gross written premiums.
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- August 8 2018
Symbo buys ReLeague digital reinsurance platform
The Singapore-based insurtech has added reinsurance to its offerings in direct insurance.
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- August 7 2018
Philippines not ready for takaful
The Insurance Commission has said that the country is not yet ready to introduce Islamic insurance.
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- August 7 2018
MSIG Insurance partners with Plug and Play in Singapore
The partnership will focus on digital, operational efficiencies and encouraging innovation in the region.
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- August 7 2018
Thai non-life sector faces profit squeeze
Margins could be constrained by intense pricing competition following premium deregulation.
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- August 6 2018
Fubon Life fined for inadequate documentation
Poor record keeping of company business practices has resulted in fines of US$411,000 by the FSC.
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- August 6 2018
AIG profit down 17%
Issues within its general insurance business weighed on the profit of AIG during the second quarter.
