Industry Segments: P&C Page 52 / 72
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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.
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- April 1 2022
P&C players well placed as Japan steps up capital demands: Moody’s
The rating agency notes transparency, diversification and public scrutiny has helped.
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- March 29 2022
CPIC P&C arm hits US$1bn net profit in 2021
Agriculture, liability and health lines all saw double digit GWP growth during the year.
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- March 28 2022
South Korea non-life net profits increased 65.2% in 2021
As profits hit US$3.53bn, premiums climbed a more modest 2%.
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- March 24 2022
Singapore posts 8% P&C premium growth in 2021
Onshore premiums reached US$2.4bn as the market showed a strong recovery.
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- March 22 2022
Generali appoints new general manager for Hong Kong
Davide Glavina will cover both P&C and life operations.
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- March 18 2022
Ping An profits down after ‘complex and difficult’ year
Overall net profits fell 29% but P&C GWP growth picked up 8.7% in Q4 2021.
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- March 17 2022
Generali grows APAC P&C book by 16.3%
The Italian giant is expanding in India and Malaysia.
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- March 17 2022
Vietnam GI market to reach US$3.5bn in 2026: GlobalData
The South-East Asian economy is set to see increasing amounts of cumpulsory insurance.