Industry Segments: Non-life Page 13 / 14
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- July 20 2020
Chinese insurers record healthy H1 premium growth
Life and P&C players are experiencing a solid uptick in sales compared with 2019.
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- July 16 2020
Korean insurers under heightened FSS scrutiny
Both non-life and life players have been targeted by the financial regulators.
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- July 10 2020
Japan’s majors to hike rates after paying out billions
Several years of major nat cats means price rises for fire insurance next year.
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- June 22 2020
HK Insurance Authority extends tenure of senior execs
Executive directors Hui and Lam sign for another three years, while two directors exit.
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- June 11 2020
Sompo has smaller Covid-19 exposure than major peers: Fitch
Rival Tokio Marine is expecting over US$280m of losses alone.
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- June 1 2020
HK market soars to US$21bn, “mounting pressures” to come
The Insurance Authority expects an economic downturn and market stress moving forward.
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- May 22 2020
Hana Financial to launch digital P&C division
The new operation will be operated via Hana Financial's most recent acquisition.
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- May 20 2020
South Korea’s P&C sector set for 2020 decline: report
Aviation, marine, motor and transit lines are all expected to be under pressure.
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- April 2 2020
Flexibility key as Singapore responds to Covid-19
The Lion City's financial institutions, including (re)insurers, will aid SMEs and individuals.
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- February 5 2020
Philippines to develop nat cat risk pooling facility
The facility could make catastrophe protection for privately-owned assets compulsory.
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- October 29 2018
India’s GI firms record healthy premium growth
The country's general insurers registered 12.8% premium growth during the first half of the year.
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- October 22 2018
Prudential completes 65% acquisition of TMB Asset Management
Insurer expands asset management capabilities in Thailand.
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- May 17 2018
Allianz Global Corporate & Specialty targets Korea growth
The new branch earned €40 million in total premiums in 2017, roughly 10% of its overall Asia business.
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- May 4 2018
China’s non-life woes
The country's life insurance sector isn't alone in facing significant challenges.
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- December 14 2017
Philippine firms continue net income growth
A rise in underwriting and investment income helped drive the robust third-quarter performance.
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- December 5 2017
Eight Korean insurers tap online-only bank
K Bank has released 20 savings and protection "mobilessurance" policies through a mobile app.
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- October 12 2017
India’s non-life premiums up 13.6%
The gross premiums rose to US$2.68bn in September this year, according to data from Irdai.
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- July 7 2017
Premium growth defies weak economies
Advanced economies were the main drag on global premiums, but growth in many emerging markets slowed also.
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- June 30 2017
China’s motor market running out of fuel
Further easing of pricing limits has led to fears of even weaker profitability for non-life insurers.
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- May 15 2017
Global non-life investment income set to decline
Moody’s says that low global interest rates will continue to pressure profitability and solvency.
