News Page 836 / 1197
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- August 8 2019
Allianz drops consumer credit lines in Australia
Following intense regulatory scrutiny the German giant has decided to exit the market.
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- August 7 2019
Suncorp’s profits hit by life division sale
Acting chief executive Steve Johnston signals end to marketplace strategy as profits fall 83.5%.
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- August 7 2019
SBI Life and Indian Bank sign distribution pact
The life major will benefit from the scale of over 2,800 branches.
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- August 7 2019
New South Wales flood study could reduce premiums: ICA
The Insurance Council of Australia sees value in a detailed study of over 21,000 land parcels.
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- August 7 2019
Japan’s majors to raise motor rates
The 3% rise will come as claims inflation is set to rise in the country.
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- August 6 2019
Allianz’s Asia H1 profits up 28%
Regional chief executive Solmaz Altin says it has been a solid start to the year.
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- August 6 2019
David Lim leaves Brit for Ed in Singapore
He will lead Ed's retail division in Singapore and its Asia-Pacific marine division.
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- August 6 2019
Australian broker Coverforce goes to court over bid
Management, which owns 51%, upset after rival broker AUB announces US$100m plus acquisition.
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- August 6 2019
No-deal Brexit could benefit Hong Kong and Singapore
The scenario could see insurers and reinsurers relocate business to Asia, according to an EY survey.
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- August 5 2019
Munich Re’s Steven Chang becomes Greater China CEO
The senior exec helped establish the reinsurer's China operations in 2007.
