Industry Segments: P&C Page 54 / 72
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- January 27 2022
Thai Group seeks to close Covid-hit Southeast Insurance
With the emergence of Omicron, the insurer sees no respite from a mountain of Covid claims.
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- January 26 2022
Indian non-life insurers grew 12.2% in 2021
Health insurance made up 33% of the non-life market last year, surpassing motor for the first time.
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- January 25 2022
South Korea’s digital insurers face tough road ahead
Digital disruption is starting with motor insurance. Deeper market penetration may prove harder.
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- January 25 2022
Japan’s P&C players to focus on property, specialty: GlobalData
Growth areas include cyber, event cancellation and business interruption.
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- January 24 2022
Peak Re appoints P&C head of product underwriting
Piotr Nowakowski joins in February in Hong Kong and was most recently at Echo Re.
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- January 21 2022
AM Best upgrades Taiwan’s Hotai Insurance
Taiwan's largest motor player has been improving its combined ratio in recent years.
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- January 19 2022
Xi Jinping comments are welcome news for foreign (re)insurers
Chinese leader hints at more deregulation as Gallagher becomes the latest overseas entrant.
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- January 18 2022
Ping An sees P&C GWP fall in 2021
The insurer generated US$42.5bn of non-life gross written premium last year.
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- January 17 2022
South China Insurance’s underwriting margin under pressure: AM Best
The narrowing is due to the increased claims experience and its expense ratio.
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- January 12 2022
Vietnam premium growth slows in 2021
Surging Covid cases during the second half of the year weighed on the non-life market yet again.
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- January 10 2022
Hong Leong Insurance (Asia) in commercial expansion: AM Best
The Hong Kong insurer is looking to offset a drop in personal lines premiums during the pandemic.
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- January 7 2022
HKIA appoints Deloitte to take control of Target Insurance
The regulator said the insurer's investments might have breached statutory requirements.
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- January 3 2022
Sri Lanka’s HNB General Insurance picks new CEO: report
Sithumina Jayasundara was previously the COO and is president of the Sri Lanka Insurance Institute.
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- January 3 2022
What to expect in 2022
Inflation, climate, cyber, supply chains and digital disruption will remain atop of insurers' to-do lists in the year ahead.
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- December 31 2021
Japan’s ‘Big Three’ primed for SE Asia growth
Sompo, Tokio Marine and MS&AD have all launched a number of initiatives in Thailand, Vietnam and Singapore this year.
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- December 30 2021
China Pacific Property Insurance to get non-motor boost
Moody's report suggests agriculture could be a key source of premium growth for the P&C player.
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- December 29 2021
Malaysia’s insurers face US$715m flood bill
The country's P&C players have also created a relief fund for motorists in the wake of Super Typhoon Rai.
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- December 29 2021
Australia’s insurers set for improved 2022
General insurers down under saw underwriting profits jump 163% in the first nine months of 2021.
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- December 28 2021
Tokio Marine sees NPW rise as rates harden
Domestic NPW at Japan's largest P&C player increased by 3.2% in H1 2021 while overseas premiums increased by 8.9%.
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- December 20 2021
Sompo hands group CEO additional chairman role
Kengo Sakurada will assume the two top roles at the Japanese insurer effective April 1, 2022 with Mikio Okumura becoming president.
