Industry Segments: Pandemic Page 7 / 15
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- June 16 2021
Bangkok Insurance sees US$720 million in direct premiums for 2020
AM Best report notes the insurer's moderate dependence on reinsurance to manage nat cat exposure.
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- June 11 2021
Cambodia resilient as general insurance grows 10.5% in 2020: report
The highest increases were seen in property and medical insurance.
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- June 3 2021
HKIA’s ‘pandemic passport’ not enough for normality
Relaxed quarantine requirements for insurance execs are now in place.
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- May 31 2021
India’s non-life market to face continued headwinds
AM Best notes that motor, health and crop lines were some of the worst performing in FY 2021.
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- May 27 2021
Philippines’ insurers paid US$80m in Covid-related claims in 2020
Insurance Commission survey reveals almost one-third of payouts went to death benefits.
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- May 21 2021
Japan’s ‘Big Three’ P&C players ride out Covid storm
MS&AD, Sompo and Tokio Marine benefitted from fewer domestic nat cat and motor claims.
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- May 7 2021
India’s health players to face solvency pressures amid Covid surge—sources
Even well-capitalised insurers are facing strain as claims surge.
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- April 26 2021
South Korea 1.4 renewals excluded contagious diseases, silent cyber
Guy Carpenter said capacity was more than sufficient with some players chasing cedants.
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- April 26 2021
Public sector solutions vital to cover pandemic risk: Geneva Association
Almost 99% of US$4.5tn in global Covid-19 GDP losses for 2020 unlikely to be covered.
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- March 30 2021
Malaysia P&C underwriting margins to come under pressure
AM Best sees an increased digitalisation of the market and 'good' profitability in the medium-term.
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- March 25 2021
ICA: ‘Substantial’ BI issues to be resolved in 2021
Oral arguments in appeal of first test case could be heard in May.
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- March 18 2021
Singapore’s 2020 P&C underwriting profit hits US$177m
GIA data shows specialty lines fell to a US$20m loss although GWP was up 10% to US$590m.
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- March 17 2021
China’s January GWP exceeds US$150bn
CBIRC data shows a strong start to the year with health insurance premiums up 28%.
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- March 5 2021
Asia’s aviation market set to harden further
Aon's Gary Moran says premiums are dependent on a broader airline industry recovery.
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- March 4 2021
QBE’s new boss faces tough test
Beazley CEO Andrew Horton is inheriting a US$1.5bn loss and uncertainty around business interruption claims.
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- February 19 2021
QBE sees 10% GWP growth despite US$1.5bn loss
Nat cat claims were US$134m above firm's allowance contributing to a COR of 104.2%.
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- February 17 2021
AIG slumps to US$6bn 2020 net loss
International P&C GWP, which includes Asia, was one Q4 highlight growing 102%.
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- February 15 2021
India to hand three P&C state owned majors capital boost
National Insurace, United India and Oriental Insurance to receive over US$400m.
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- February 10 2021
IAG posts A$460m loss but underlying profits improve
BI provisions drove downturn as H1 GWP climbed 3.8% to A$6.12bn.
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- February 1 2021
APRA’s 2021 spotlight falls on BI and reinsurance
Access to capacity from "critical" overseas reinsurers a priority, says latest policy guidance.
