Industry Segments: P&C Page 38 / 56
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- August 10 2022
Mitsui Sumitomo seals US$400m Transverse deal
The fronting carrier gives the Japanese insurer access to the US$66bn American MGA market.
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- August 10 2022
FWD GI’s improved COR could be impacted by higher IT spend: Fitch Ratings
The Hong Kong P&C player is gradually exiting group medical business.
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- August 9 2022
Chubb promotes Serene Neo to head of Singapore consumer lines
Neo reports to Kevin Bogardus, country president for Chubb Singapore.
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- August 8 2022
Allianz sees H1 P&C revenue decline in China but rise in Australia
Westpac GI integration in Australia helped GWP but it was hampered by Chinese economic conditions.
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- August 8 2022
AM Best upgrades Singapore Re after Fairfax support and positive 2021 result
The reinsurer's underwriting performance improved after reserve releases.
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- August 4 2022
Hannover Re taps Swiss Re’s Sharon Ooi to boost Asia P&C expansion
CEO Jean-Jacques Henchoz says Asia Pacific is "evolving into the world’s largest insurance market."
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- August 3 2022
Non-motor lines bolster Axa’s H1 Asia P&C performance
The Asia arm comprises units across mainland China, Hong Kong, Thailand, Japan and South Korea.
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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
Malayan Insurance COR hampered by fire and cat losses: AM Best
The company reported a five-year average combined ratio of 101.4%.
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- July 29 2022
Swiss Re returns to profit as Australia floods add to US$270m H1 nat cat miss
The group saw a Q2 net profit of US$405m, while P&C reinsurance H1 nat cat claims were US$938m.
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- July 29 2022
Analysts raise silicosis market concerns as IAG strengthens reserves
As claims related to the lung disease rise, the years ahead could prove tricky for Australia's casualty sector.
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- July 26 2022
Digital channels and regulation key to unlocking Greater Bay Area potential: survey
Eight cities in the GBA have less than 10% insurance penetration.
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- July 26 2022
Infrastructure projects to spur Thailand’s GI market: GlobalData
Around US$37bn has been allocated by the government towards a smart city.
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- July 26 2022
Cambodia’s GWP grew 20% on average annually for five years: report
The market maintained positive growth of around 10% in 2021.
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- July 25 2022
India sets ambitious P&C growth target
Regulator's new chairman wants to increase non-life premiums by over US$100bn in only five years.
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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 22 2022
Chubb promotes Christian Falkingham to head of major accounts, Australia & New Zealand
Falkingham will report to Chris Gough, Chubb's head of property & casualty, Australia & New Zealand.
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- July 15 2022
Taiwan’s GI market to hit US$9.6bn GWP in 2026: GlobalData
Growth to be driven by property, health insurance and a recovery in new vehicle sales.
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- July 14 2022
India to help spur global premium growth: Swiss Re
India is on course to be the sixth largest insurance market in the world by 2032.
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- July 14 2022
Liability and health books are growth drivers of China’s non-life market: Fitch
Non-motor lines have increased by 10.7% in the first five months of 2022.
