Industry Segments: Pandemic Page 5 / 15
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- January 13 2022
India pressed for pandemic risk pool
The regulator has been working on the project with a private and public partnership the most likely outcome.
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- January 12 2022
The pandemic accelerated a digital ‘structural shift’: AFF
There is more work to do to utilise data for product design and claims, according to experts at the Asian Financial Forum.
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- January 10 2022
Hong Leong Insurance (Asia) in commercial expansion: AM Best
The Hong Kong insurer is looking to offset a drop in personal lines premiums during the pandemic.
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- December 28 2021
Tokio Marine sees NPW rise as rates harden
Domestic NPW at Japan's largest P&C player increased by 3.2% in H1 2021 while overseas premiums increased by 8.9%.
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- November 18 2021
KB Insurance’s underwriting boosted by fewer claims: AM Best
The firm is South Korea’s fourth-largest non-life insurer with a market share of around 13%.
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- November 17 2021
China, India and Indonesia to see non-life headwinds: AM Best
The rating agency said in a SIRC briefing that Covid-19 and low interest rates are common causes.
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- November 17 2021
SIRC 2021: Pandemic BI cover needs ‘government support’
Experts say (re)insurers do not have the balance sheets to sustain the magnitude of Covid-19 losses.
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- November 2 2021
Cover fine print key for Asia’s eager travelers
Travel insurance will need to be a far more nuanced offering post-pandemic.
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- October 29 2021
Hong Kong regulator gives November 30 vaccination deadline
Those who are unable — or unwilling — to get the jab will need to undergo mandatory Covid-19 testing every two weeks.
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- October 19 2021
Thailand’s insurers ‘wake up’ to digital amid muted growth
Local expert tells IAN the industry needs to embrace change post-pandemic.
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- October 11 2021
IAG, Suncorp review BI provisions after court win
The insurers have already set aside hundreds of millions of dollars to cover potential claims.
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- October 8 2021
Insurers win landmark Australia BI Covid case
The closely watched trial examined issues such as disease definition, outbreak proximity and the impact of government lockdowns.
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- October 5 2021
Japan’s SMEs see rise in corporate risks: GIAJ
General Insurance Association of Japan survey highlights a low level of consciousness among small-and-medium-sized enterprises.
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- September 28 2021
MS Amlin acquisitions doubles MS&AD’s overseas business
The (re)insurer posted a US$380m underwriting loss due to Covid-related BI and event cancellation claims.
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- September 13 2021
HK’s temporary facilitative measures extended to March 2022
The HKIA's exemption allows for the distribution of certain products via digital channels, telemarketing, post or video conferencing.
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- September 9 2021
Australia’s insurers call for national approach on disaster recovery
ICA report says the removal of state taxes on insurance should boost coverage across the country.
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- September 6 2021
Tokio Marine buoyed by strong domestic position: AM Best
The P&C player's 25% market share of net premiums in Japan cushioned the global impact of Covid-19.
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- September 2 2021
Asia’s debt burden heightens political risk: Lloyd’s webinar
Insurers warned that economic conditions are set to determine the claims environment in the years ahead.
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- August 31 2021
China’s insurers struggle for growth amid Covid, new regulations
Renewals to take on added importance as new business faces challenging environment.
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- August 26 2021
China Life’s H1 profits jump 34.2%
GWP growth at the life giant has been sluggish as the economy continues to recover from Covid-19.
