Industry Segments: P&C Page 39 / 56
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- July 6 2022
Korea’s P&C players benefit from improved underwriting: Fitch
Profitability increased sharply in 2021.
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- July 4 2022
Australia renewals much ‘tougher’ and ‘later’: Gallagher Re
The floods in NSW and Queensland contributed to price increases of up to 25%.
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- June 30 2022
Tobias Frenz becomes Munich Re’s Singapore CEO as James Park departs
In addition Surbhi Goel has been given a wider P&C remit at the reinsurer.
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- June 30 2022
Malaysia’s regulator approves Liberty’s purchase of AmGeneral
The P&C deal is set to be formally completed next month and signals IAG's exit from the country.
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- June 29 2022
China Taiping Insurance appoints Singapore CEO
Zhang Zhongyi replaces Yang Yamei who has been assigned a group position.
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- June 27 2022
Lower commission boosts PICC HK 2021 underwriting: AM Best
The insurer has been expanding its inward reinsurance business.
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- June 27 2022
Former Swiss Re exec joins Generali Asia for commercial role
The exec has become Asia regional head of SME and commercial lines at Generali.
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- June 24 2022
Queensland’s RACQ confirms US$69m payout from Feb, March floods
Almost 5,000 home repairs have been completed or are underway.
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- June 23 2022
Everest Insurance hires Asia team in Singapore launch
The eight person team will be overseen by Ben Carey and will offer a range of specialty lines.
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- June 22 2022
Perils expands cat data to Japan wind and flood
The firm will use data from most of the country's P&C players which provided 'strong support'.
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- June 14 2022
Chubb Singapore appoints head of claims
Will Field has worked at the global insurer for over a decade.
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- June 14 2022
Positive winds carry Japan’s P&C majors into Q2
Sompo, Tokio Marine and MS&AD to benefit from fewer claims and higher premiums, if the weather holds.
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- June 13 2022
Tower completes sale of Papua New Guinea subsidiary
Local P&C player Alpha Insurance has bought the book as Tower focuses on other Pacific Islands.
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- June 13 2022
Asia casts its eye over the Florida renewals
Munich Re, Swiss Re and RenaissanceRe have all withdrawn capacity from the market.
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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 25 2022
Shine comes off Asia insurance growth: Allianz
Asia P&C grew by just 1.4% in 2021, compared to 6.3% globally.
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- May 24 2022
Profits up 48% as Japanese insurers rebound
Japan’s big three benefit from lower nat cat losses in Japan and rate increases internationally.
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- May 20 2022
Kenny Pang returns with CEO role at Asia-Pacific Property & Casualty Insurance
The executive left Tugu's Hong Kong operations in February.
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- May 20 2022
Beijing Nova Insurance signs deal with Towngas
The firm is an associate of Hong Kong broker Nova Insurance.
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- May 18 2022
Starr acquires FPG’s Thai operations
The firm will strengthen local product offerings with tailored commercial insurance and A&H cover.
