Industry Segments: Pandemic Page 3 / 15
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- August 25 2022
AM Best revises Covid-hit Taiwan non-life sector outlook to negative
Gross pandemic policy claims of US$2bn over the last six months have left carriers struggling to pay out.
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- August 23 2022
Ping An’s H1 P&C combined ratio deteriorates to 97.3%
The operating profit for the segment fell 22.3% to US$1.2bn.
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- August 16 2022
Companies scramble for talent as market rebounds
Asia growth plans on hold as roles in financial lines, energy and construction hard to fill.
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- August 3 2022
APAC (re)insurers prioritise pricing amid inflation pressure
APAC non-life GWP and rates will continue to climb, but the pace of growth is a mixed picture across the region.
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- August 1 2022
IAG hit with class action lawsuit over Covid BI claims
The action relates to shares purchased in 2020 between March 11 and November 20.
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- July 25 2022
Marine, property and liability drive China Merchants Insurance’s premium growth: AM Best
The Hong Kong insurer's premium revenue grew by 11.8% in 2021.
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- July 7 2022
Hanwha General’s underwriting measures improve performance: AM Best
Negative impact of its start-up subsidiary Carrot is also expected to decrease.
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- June 17 2022
Troubled Thai P&C player seeks turnaround after Covid claim spike
Sin Munkong Insurance is seeking the approval of a rescue plan.
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- June 8 2022
China launches insurance scheme to boost vaccine take-up
The scheme pays out up to US$75,000 in the event of illness.
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- June 7 2022
Taiwan’s P&C capital levels under pressure from Covid claims
The situation shows the danger of underwriting policies for which there is inadequate data.
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- May 18 2022
Singapore’s (re)insurance sector looks beyond Covid
Overseas talent has remained in the Lion City although another partial lockdown could derail this.
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- May 11 2022
Number of shipping losses in South China falls: AGCS report
One in five shipping losses still come from the region - the highest in the world.
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- May 6 2022
QBE CEO warns of US$75m hit from Ukraine crisis
The Australian insurer has exposure to political violence, political risk and aviation.
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- April 29 2022
Munich Re Asia exec: Covid-19 not a Black Swan event like 9/11
Underwriter tells Lloyd's webinar that pandemics are on the increase - and parametric cover can help.
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- April 28 2022
Insurers eye life sciences in Asia as rates rise
New approaches and technologies have created a more complex environment.
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- April 27 2022
Singapore regulator calls on (re)insurers to improve BI policies
Director Gillian Tan believes insurers are well-placed to improve cover, but data is key.
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- April 25 2022
China P&C market to shrug off Covid disruption
Sunshine's Hong Kong listing points to a robust market.
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- April 15 2022
HKIA resumes full service as city ‘opens’ up
The 'fifth wave' of the virus appears under control with gyms, cinemas and theme parks set to open.
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- April 7 2022
HKIA asks for co-operation over city-wide Covid testing
Companies asked to encourage employees to test and to put in place business continuity measures.
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- April 4 2022
Thailand revokes licenses for two P&C players: report
The government is taking a more proactive approach to helping claims get paid.