Industry Segments: P&C Page 52 / 57
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- February 11 2021
ZhongAn hits ‘critical mass’ after first profits: sources
After consecutive losses, the digital insurer expects a net profit of at least US$75m for 2020.
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- February 10 2021
Ping An veteran joins Asia-Pacific P&C in Hong Kong
Terence Chen has left the Chinese insurer after over 25 years.
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- February 9 2021
Suncorp drops travel as Australia profits soar
GWP increased to A$4.35bn in H1 with home and motor growing 5.2%.
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- February 4 2021
Ping An’s P&C operating profit fell 23% in 2020
Financial guarantee insurance's COR climbed to 111%, but life and health profits increased 5.2%.
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- February 2 2021
Ken Lai to leave Hong Leong Insurance (Asia)
The outgoing general manager has been at the Hong Kong P&C player since August 2019.
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- February 2 2021
QBE appoints Sue Houghton as Australia Pacific CEO
The experienced Australian executive is set to join from Westpac in August.
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- February 1 2021
Raymond Tang to leave BOCG Insurance
IAN understands the GM of Bank of China (Hong Kong)'s general insurance arm will depart mid-February.
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- February 1 2021
APRA’s 2021 spotlight falls on BI and reinsurance
Access to capacity from "critical" overseas reinsurers a priority, says latest policy guidance.
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- January 28 2021
China, India insurtechs raise over US$270m in Q4 2020: WTW
Global fundraising hit an all-time annual high of US$7.1bn.
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- January 27 2021
United India, National and Oriental to get capital boost: report
The state-run P&C players need help meeting solvency requirements.
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- January 27 2021
Asia 2020 nat cats brought US$95bn in economic damage
Aon report shows that China, India and Japan accounted for more than half of the losses.
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- January 27 2021
Asia political risk capacity to rise
Experts tell IAN that Hong Kong and Thailand are likely to see further rate increases.
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- January 26 2021
Suncorp joins chase for CommInsure: report
A bid from rivals IAG or QBE would likely face a myriad of challenges.
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- January 22 2021
Indonesia quake to see minimal insured losses
In-country loss adjusters tell IAN only a small number of claims have been made so far.
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- January 21 2021
IAG receives over 5,000 claims after holiday storms
Australian insurer tells IAN additional claims are expected in the coming weeks.
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- January 21 2021
Thailand’s P&C market to hit US$9.4bn by 2024: report
The sector’s CAGR is expected to be 2.4% over the next three years.
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- January 18 2021
CBIRC chief pushes ‘prudential regulation’
Guo Shuqing also address Hong Kong’s GBA role during AFF keynote.
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- January 13 2021
Chubb’s Doug White retakes role as HK, Macau president
IAN understands that Stanley Wong is set to join Huatai China JV operation.
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- January 11 2021
Zhejiang Geely takes 33% stake in Union P&C
Chinese automaker investment comes amid motor insurance reforms.
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- December 31 2020
Happy new year projected for Asian markets
Non-life premiums across the region forecast to grow by 10% in 2021.
