Industry Segments: P&C Page 68 / 72
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- July 10 2020
Japan’s majors to hike rates after paying out billions
Several years of major nat cats means price rises for fire insurance next year.
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- June 25 2020
IAN Awards for Excellence 2020: Entries now open
InsuranceAsia News is accepting entries for these regional market awards.
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- June 23 2020
Climate risk and Covid drive renewal pricing down under
Suncorp is most exposed among Australia’s top insurers ahead of July's reinsurance renewals.
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- June 22 2020
HK Insurance Authority extends tenure of senior execs
Executive directors Hui and Lam sign for another three years, while two directors exit.
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- June 11 2020
Sompo has smaller Covid-19 exposure than major peers: Fitch
Rival Tokio Marine is expecting over US$280m of losses alone.
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- June 5 2020
Covid-19 sparks demand for fresh capital
Market players are preparing for losses and eyeing opportunities, including in Asia.
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- June 4 2020
Former QBE exec becomes Cover-More interim CEO
Cara Morton has replaced Hanno Mijer this week.
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- June 3 2020
Japan’s majors well placed to face Covid-19 fallout
As a recession looms, MS&AD, Sompo and Tokio Marine can count on strong, diverse businesses.
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- June 3 2020
Australia’s P&C market suffers 533% Q1 profit drop
Over US$600m of losses occurred from both nat cat claims and falling investment returns.
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- June 1 2020
HK market soars to US$21bn, “mounting pressures” to come
The Insurance Authority expects an economic downturn and market stress moving forward.
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- May 29 2020
Asia’s hardening market comes at delicate time
In the medium term price rises could help reinsurers' books return to profitability.
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- May 26 2020
Etiqa granted Cambodia licences
Group chief executive Kamaludin Ahmad emphasises a "fast and easy" approach.
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- May 25 2020
EAIC’s 2020 conference in Seoul delayed by two years
The organising committee has taken the difficult decision to postpone as a result of Covid-19.
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- May 25 2020
Chubb’s Greenberg issues US$100bn Covid-19 warning
The pandemic could go down as one of the largest losses in history and more nat cats are to come.
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- May 22 2020
Hana Financial to launch digital P&C division
The new operation will be operated via Hana Financial's most recent acquisition.
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- May 20 2020
South Korea’s P&C sector set for 2020 decline: report
Aviation, marine, motor and transit lines are all expected to be under pressure.
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- April 28 2020
Majority of Japan’s SMEs to survive Covid-19 threat: survey
The research from NN Life is welcome news for the market.
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- April 27 2020
Singapore’s P&C players brace for Covid-19 impact
The lockdown will further dampen the outlook - especially for new business.
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- April 21 2020
P&C players on the hook as China returns to work
Hastily devised policies and limited data pose risk to underwriting stability post Covid-19.
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- April 21 2020
Motor claims in New Zealand drop by 90%
National insurers will save around US$60m and hand back premiums.
