Industry Segments: Property & Casualty Page 13 / 14
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- September 29 2017
Gen Re eyes further expansion in India
The Berkshire Hathaway unit plans to corner a larger share of the country's fast-growing reinsurance market.
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- September 6 2017
XL Catlin strengthens Asia casualty capability
Elishe Quek and Alice Chong join as casualty underwriters from AIG to take up positions in Singapore and Hong Kong.
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- July 3 2017
China’s ZhongAn files US$1.5bn IPO in Hong Kong
China's first internet-only insurer may launch its initial public offering before the end of the year.
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- June 16 2017
Thai market continues to lose momentum
Premium growth slowed for the fourth year in a row to 3.9% in 2016, according to Allianz Economic Research.
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- June 7 2017
XL Catlin launches real estate environmental solution
The policy is designed to help property portfolio owners, investors and Reits deal with environmental liabilities.
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- May 23 2017
Swiss Re creates Asia P&C underwriting hub
Sharon Ooi will lead the unit, as head of P&C underwriting for Asia, Australia & New Zealand.
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- February 2 2017
Chubb’s 2016 profit exceeds US$4 billion
Chairman and CEO Evan Greenberg attributed the solid performance to strong underwriting results.
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- January 24 2017
Generali appoints Asia head
Roberto Leonardi will be responsible for managing the P&C and life insurance businesses in Asia.
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- October 28 2016
AIG raises property terror insurance limit to US$1 billion
The increased capacity, up from US$250m, is available on a standalone basis or as part of its Large Limits offering.
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- October 17 2016
China P&C growth seen to moderate
China's property and casualty insurance sector is set to experience only modest premium growth, according to Moody's.
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- September 15 2016
Chubb opens Guangdong branch
The new branch is licensed to provide commercial property and casualty and personal lines products and services.
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- August 22 2016
Chubb names new Singapore head
Adam Clifford becomes country president for general insurance in Singapore, subject to regulatory approval.
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- August 18 2016
Chubb appoints new P&C head for Asia Pacific
Jason Keen will have responsibility for the property and casualty business across the region.
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- July 27 2016
Fosun to spin off insurance arm in IPO
Ironshore will be sold in an initial public offering on either the New York Stock Exchange or the Nasdaq market, the company says.
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- July 4 2016
Chubb names regional president
Paul McNamee will be primarily responsible for the general management and business results of the insurer's business in the region.
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- May 11 2016
Asia to generate 25% of premiums by 2025
Munich Re projects that China will become the second-largest insurance market in the world behind the US.
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- March 14 2016
Gen Re exits Hong Kong, Melbourne
The Berkshire subsidiary is also shutting offices in Latvia and the US as part of a global reorganisation.
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- January 25 2016
Inefficiencies threaten disruption to insurance industry
Expensive cost structures and the high cost of capital are weaknesses that disruptors will exploit.
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- December 24 2015
Ace Group announces new APAC leadership team for Chubb
Paul McNamee also named as deputy regional president and regional head of P&C, Asia Pacific
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- December 9 2015
AIG selling US$1bn stake in PICC P&C
The deal marks the second time that AIG is cutting its shareholding in the Chinese state insurer.
