Industry Segments: P&C Page 66 / 72
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- December 8 2020
Australian insurers to appeal adverse BI decision
Insurance Council of Australia to challenge NSW ruling on Covid-19 claims in the High Court.
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- December 4 2020
Covid-19 widens India’s digital gap
Private P&C insurers are winning market share from public sector rivals thanks to digital innovation.
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- December 2 2020
Allianz swoops on Westpac’s P&C arm in US$535m deal
German giant underwrites the bank's business, motor and travel books.
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- November 30 2020
P&C sector grows 5.5% to US$59.4bn: HKIA
Despite signs of resilience, motor and EC have seen sustained underwriting losses.
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- November 30 2020
Japan’s P&C majors to bounce back in 2021: Fitch
Tokio Marine, MS&AD and Sompo more exposed to Covid-19 risk in overseas markets.
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- November 23 2020
Typhoon Vamco causes significant damage to the Philippines
There are numerous infrastructure claims associated with the storm.
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- November 18 2020
Vietnam sees tepid P&C growth as 13th typhoon hits
It has been a tough time for the sector despite a rapid response to Covid-19.
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- November 18 2020
Korea’s insurers struggling to meet profit expectations: KIRI
The sector's returns are at a 10-year low in a saturated market.
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- November 17 2020
Reinsurers’ Covid losses slow, demand in Asia grows: Fitch
Sector to benefit from growing risk appetite, higher prices and stricter policy terms.
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- November 13 2020
Samsung insurers advance Korea ESG momentum
The life and P&C units have issued a "coal-free declaration."
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- November 13 2020
Global (re)insurance recovery to be led by China, rates: Swiss Re
(Re)insurance markets have been less severely impacted than expected.
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- November 10 2020
Asia’s property GWP to grow US$14bn by 2023: GlobalData
The sector is set to rebound from a tepid 2020.
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- November 6 2020
Chubb appoints ex-Axa exec as country president for Vietnam GI
Khue Dinh has taken on the role this month.
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- October 28 2020
P&C focus could benefit AIG’s Asia operations under Zaffino
A new chief executive and a life arm spin off might lead to more regional expansion.
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- October 28 2020
Samsung chairman’s passing could affect insurance units
Lee Kun-hee's death may particularly impact Samsung Life.
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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
“Have a plan” for response to BI test case: ASIC
Australia's P&C insurers and Lloyd's coverholders need to coordinate action and communication.
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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.
