Industry Segments: P&C Page 53 / 72
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- March 14 2022
Swiss Re Corporate Solutions appoints Greater China CEO
An experienced AIG exec will take on the role in April from Shanghai.
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- March 10 2022
IAG ups FY nat cat estimate to US$800m
The group has received 24,000 recent flood claims and says that it has 'all hands on deck'.
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- March 10 2022
Hong Kong GI GWP to reach US$10.1bn in 2026: GlobalData
Market projected to grow 6.6% annually, as demand ticks up for liability cover such as cyber and D&O.
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- March 10 2022
Ukraine conflict to have ‘modest’ impact on APAC insurers: S&P
The war is unlikely to impact a largely domestic-facing market, but there are significant risks.
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- March 8 2022
PICC Hong Kong gains Macau licence approval
The move comes close on the heels of Lockton's decision to set up in the enclave.
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- March 7 2022
AIA and BEA form GI partnership off back of Blue Cross sale
AIA will provide insurance solutions, including health insurance, to BEA’s customers in Hong Kong.
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- March 2 2022
China P&C grew just 1% in 2021
Covid, motor reforms and a property crisis combined to create worst ever year for sector.
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- March 1 2022
Axa Singapore to quit motor, commercial lines after HSBC purchase
Unit will continue to underwrite all life, wealth and health business, says new owner.
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- February 24 2022
Tugu Hong Kong CEO departs
Kenny Pang had joined the P&C player last year.
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- February 23 2022
Allianz grows APAC P&C profit 11% to US$148m
P&C GWP hit US$1.7bn with strong performance in Malaysia and India.
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- February 21 2022
Samsung Fire & Marine sees 42.5% profit jump despite underwriting loss
The P&C player made an underwriting loss of US$458m in FY 2021 -- an improvement over FY 2020.
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- February 21 2022
Tune Protect: Asean on the ‘cusp’ of a digital revolution
With less than 2% digital penetration in Asean, motor and healthcare are ripe for disruption.
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- February 16 2022
BEA shortlists buyers for Hong Kong’s Blue Cross: report
AIA, China Pacific Insurance, Zurich and China Merchants Group are understood to be interested.
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- February 16 2022
Sri Lankan P&C claims spike 22%
Claims rebounded from a Covid slump in 2020 pushing underwriting profits down.
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- February 16 2022
Profits at Japan’s ‘big three’ bounce back
MS&AD, Sompo and Tokio Marine had a strong first nine months both in Japan and in their Asia subsidiaries.
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- February 15 2022
GBA opportunities open up for Macau – slowly
A talent shortage and lack of market integration remain key challenges.
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- February 14 2022
Zurich’s Asia P&C profits surge as conditions improve
Small commercial uptick and travel recovery in Australia and Japan helped 2021 profits hit US$235m.
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- February 11 2022
Lockton lands Macau licence
The move adds to the broker's Greater China operations in Hong Kong, Beijing, Shanghai and Guangzhou.
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- February 10 2022
Insurtech Profile: OneDegree
The firm has ambitions to become a Hong Kong top three GI provider by 2025 and for Asia expansion.
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- February 9 2022
Indonesia struggles to shake pandemic effect
Non-life premiums registered zero growth in 2021 after a weak end to the year.
