Industry Segments: P&C Page 50 / 72
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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.
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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.
