Industry Segments: P&C Page 40 / 56
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- May 18 2022
Petronas’ captive rating boosted by favourable COR: AM Best
Energas Insurance has has a five-year average combined operating ratio of 66%.
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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 17 2022
Raheja QBE and Paytm M&A deal ‘terminated’
The deal to acquire 100% of the company was first signed in the summer of 2020.
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- May 16 2022
Commercial lines give Zurich 11% boost in APAC P&C as rates stay ‘moderate’
Rates at the insurer climbed 3% in Q1, with P&C GWP hitting US$832m.
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- May 16 2022
Asia’s income inequality limits insurance potential
New research shows that inequality lowers demand for P&C insurance in all economies.
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- May 13 2022
Allianz Australia takes 20.8% COR nat cat hit
Combined ratio hits 106.6% after February and March flooding drives €150m loss.
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- May 12 2022
Swiss Re to launch another innovation hub in India
The Hyderabad center complements the firm's existing India hub in Bangalore.
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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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- May 4 2022
Indian state-owned insurers seek restructuring in bid for market share
Public sector insurance giants have been losing ground to more efficient players.
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- May 4 2022
Aussie floods put pressure on capacity ahead of renewals
P&C insurers have begun increasing premiums and tightening policy wordings as they take stock.
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- May 3 2022
Sompo targets Asian P&C expansion
Asia president Julian James discusses plans to develop in the region.
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- May 2 2022
Strong headwinds for India’s non-life sector: AM Best
Rating agency maintains negative outlook but says there is significant long-term growth potential.
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- April 29 2022
APAC P&C rate increases slowed again in Q1: Marsh
Pricing index shows financial and professional lines still rising in double digits.
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- April 27 2022
Construction to drive Malaysia P&C sector: report
The market is expected to hit US$5.5bn in premiums in 2026, according to GlobalData.
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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 22 2022
SBI General Insurance records full year 11% GWP growth
The Indian P&C player made progress in its digital offering and signed several key partnerships.
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- April 21 2022
Sunshine Insurance submits HK IPO application
Last year Sunshine P&C saw GWP hit US$6.37bn.
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- April 13 2022
KKR acquires 9.99% stake in India’s Shriram
The deal for the stake in the P&C player was worth around US$237m.
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- April 7 2022
RenaissanceRe launches global specialty joint venture
The JV called Fontana extends the reinsurer's ILS offering and could bolster its Asia presence.
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- April 6 2022
China’s liability market grows as motor premiums slow
While the legal system isn't as favourable, there is plenty of room for product innovation.
