Industry Segments: P&C Page 49 / 57
-
- June 23 2021
Japan P&C insurers grow overseas premiums
But Tokio Marine, MS&AD and Sompo still reported weaker international profits.
-
- June 22 2021
Generali seeks to merge two Malaysia P&C players
Italian insurer agrees to buy 53% of Axa Affin GI and 100% of MPI Generali.
-
- June 22 2021
China Re’s Hong Kong unit ‘strategic’ to wider group
AM Best upgrade comes after a US$258m capital injection from China Re Life.
-
- June 21 2021
Hollard snaps up CBA’s P&C arm for A$625m
South Africa's largest privately owned insurer fought off rivals such as Allianz and IAG.
-
- June 18 2021
Bangladesh pushes for more insurers to go public–report
Local insurance companies have been granted exemptions from certain IPO rules.
-
- June 18 2021
Australian disrupter Honey Insurance raises A$15.5m
The online home insurance underwriting agency is backed by the mutual motor insurer RACQ.
-
- June 16 2021
Hyundai Marine & Fire underwriting improves on lower motor losses
Reduced auto claims due to a Covid-19 lockdown helped to boost performance.
-
- June 11 2021
Cambodia resilient as general insurance grows 10.5% in 2020: report
The highest increases were seen in property and medical insurance.
-
- June 10 2021
Global brokers need to address the ‘Asia gap’
Only 18 of the world’s top 150 commercial P&C brokers are headquartered in the region.
-
- June 8 2021
CBA close to selling domestic P&C business–report
AFR report says IAG and Allianz are the frontrunners in the bidding for CommInsure.
-
- June 8 2021
Qianhai Re appoints Weishu Fan as CEO
The former head of Munich Re’s Beijing branch has also worked for Zurich and Swiss Re.
-
- June 7 2021
Taiwan’s P&C players demonstrate resilience
Non-life market expected to grow 5-6% annually over the next few years with the motor sector playing a key role.
-
- June 2 2021
Japan’s P&C players struggled overseas in last financial year
Profit drops at 'Big Three' related to Covid-19 and credit insurance, according to Moody's.
-
- June 1 2021
Tencent-backed venture receives HK reinsurance licence–report
FuSure Reinsurance has applied to reinsure 17 non-life lines including railway rolling stock, aircraft and ship liability.
-
- June 1 2021
Hong Kong’s non-life underwriting profit up 55.6% in Q1
Regulator data shows GWP for non-life insurance remained flat at US$2.36bn.
-
- 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.
-
- May 28 2021
Chubb makes four APAC leadership appointments
Regional vice president Glen Browne to oversee A&H and personal lines across Asia Pacific.
-
- May 27 2021
Tower Insurance hit by cat claims as H1 profit drops 19.5%
New Zealand P&C player dealt with a large fire and severe flooding, but GWP climbed 6% to US$141m.
-
- May 24 2021
China’s non-life underwriting margins to remain depressed in 2021: Fitch
Motor insurance reforms caused GWP to drop 30% on renewals despite increase of new vehicle sales.
-
- 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.
