Industry Segments: P&C Page 57 / 71
-
- September 2 2021
Singapore broker g&m acquires Anda from Marsh
The P&C player says it will continue to seek out suitable acquisition opportunities.
-
- September 2 2021
South Korea’s P&C profits under pressure as social distancing eases
Non-life income has increased by 47.5% in H1 2021 but higher loss ratios are forecast.
-
- September 1 2021
Taishan P&C investments help neutralise underwriting losses
The insurer's non-motor book, excluding agriculture, posted a combined ratio of 114% last year.
-
- September 1 2021
Fubon P&C sees over 30% decline in premiums in H1 2021
Plans to grow the firm's non-motor reinsurance business in China faces intense competition, AM Best says.
-
- August 31 2021
New Zealand regulator seeks feedback on policyholder protection
Stakeholders will have until November 15 to submit their views on policyholder protection.
-
- August 31 2021
Hong Kong’s H1 GWP falls 2.2% to US$39.5bn
HKIA says general insurance underwriting profits improved from US$80m to US$102m in the first half of the year.
-
- August 31 2021
Australia’s P&C market shows signs of recovery
General insurance market posts A$750m profit for June quarter as opposed to A$12m in the previous three months.
-
- August 31 2021
Philippines premiums up double-digits in Q1: report
Life market as well as engineering, casualty and health premiums showed significant growth.
-
- August 30 2021
Macau Insurance sees ‘positive’ 2020 results: AM Best
The non-life player's performance was driven by a better net loss ratio in its medical and motor business lines.
-
- August 30 2021
Insurtech OneDegree raises US$28m and targets China, Singapore
The virtual insurer plans to move into human health and digital asset insurance and has global ambitions.
-
- August 27 2021
Ping An’s net profit down 15.5% after China Fortune hit
The Chinese insurance giant promises to strengthen risk management after developer default impacts results.
-
- August 27 2021
Toa Re overseas arms improve top-line but impact profitability
The Japanese reinsurer's overseas subsidiaries accounted for more than 25% of the firm's total premiums.
-
- August 26 2021
Insurance M&A in APAC falls 51% in H1 2021: Clyde & Co
While deal activity is up recently, APAC regulators can demand substantial capital increments as part of any transaction.
-
- August 23 2021
Indonesia’s Lifepal insurtech raises US$9m in Series A round
The digital player offers over 300 policy types across motor, health, life and travel through over 50 insurers.
-
- August 23 2021
Generali’s Wong to join Falcon in Hong Kong – sources
Senior casualty manager Pinky Wong is set to replace Gavin Mark at the Hong Kong insurer, the sources said.
-
- August 23 2021
Japan’s P&C market to hit US$133bn by 2025: GlobalData
Motor insurance is forecast to grow by 1.4% in 2021 against a decline of 3.6% in 2020.
-
- August 23 2021
South Korea’s P&C insurers increase profits 88%
But established firms face competition from tech-savvy startups as new regulations ease barriers to entry.
-
- August 19 2021
APRA increases transparency around life and general insurance data
The regulator will now include class of business and product group data in its quarterly publications.
-
- August 18 2021
Korean insurers face competition from fintech powerhouses: Moody’s
The digital "arms race" will Big Tech will be a credit burden for some incumbent insurers.
-
- August 18 2021
Sri Lanka P&C profits doubled in 2020
Allianz was one of the biggest gainers on the island as Covid-19 subdued claims.
