Industry Segments: P&C Page 54 / 57
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- October 27 2020
Westpac flags US$289m life unit write-down in tough H2
The embattled bank is facing a US$870m after-tax profit drop.
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- October 21 2020
Slowdown means Malaysia’s P&C market to continue to take a hit
Pandemic disruptions are creating a long road to recovery for the sector.
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- October 15 2020
Asia’s market to emerge “stronger” post-pandemic: Generali’s Leonardi
The Hong Kong-based Asia leader is optimistic despite the challenges ahead.
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- October 14 2020
APRA focuses on capital adequacy and corporate governance
Systemic resilience, cyber and corporate governance are moving up the agenda.
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- October 6 2020
Jason Harris joins QBE as Richard Pryce hands-over
Former Axa XL exec will oversee the international division, including Asia's operations.
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- October 6 2020
Australia’s P&C brokers’ GWP remained steady in first half
It remains to be seen if they can gain any growth in the second half.
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- October 5 2020
Allianz Malaysia in strong position: AmInvestment Bank
GWP at the firm's life and P&C arms have been growing well ahead of the market average.
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- October 1 2020
Australia’s insurers brace for wet summer as La Nina declared
The weather pattern will have differing results depending on the part of the country.
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- October 1 2020
Mid-Autumn Festival to boost China’s P&C players
The holiday should help spur internal tourism as 600 million journeys expected.
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- October 1 2020
MS&AD, Tokio Marine reaffirm climate commitments
They follow in the footsteps of Sompo, who released a climate and coal policy last week.
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- September 30 2020
Terence Leung leaves QBE Hong Kong
The former head of commercial underwriting is understood to be joining a local player.
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- September 29 2020
Future’s stakes in Indian JVs close to being sold: report
A sale would reduce the Indian conglomerate's debt burden.
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- September 29 2020
Australia’s market facing difficulties: Gallagher’s Mark Oatway
Brokers should up their game as rates harden and capacity constraints cause challenges.
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- September 24 2020
Sompo becomes first Japanese insurer to outline coal policy
But green groups say Japanese carriers are still lagging behind, with strong words for Tokio Marine.
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- September 21 2020
Axa Korea sale sees rocky start as single bid comes in
One expected contender dropped out at the last minute.
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- September 18 2020
China’s P&C outlook stable as GWP climbs: Moody’s
(Re)insurers can expect "ongoing diversification" to lines such as agriculture and liability.
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- September 17 2020
“Complex” CBA and Westpac P&C sales to kick off: report
Macquarie believes multiple relationships between the banks and insurers could put buyers off.
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- September 16 2020
Munich Re leads Indian insurtech’s US$60m fundraise
The new round brings Acko's valuation to around US$500m in a thriving market.
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- September 16 2020
Shinhan selects advisers for potential Axa Korea bid: report
The preliminary bidding process for P&C unit will kick off on September 18.
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- September 10 2020
Chubb appoints leader of Japan’s P&C operations
The firm's Brazil COO is set to become regional president for its far east region.
