Industry Segments: Property & Casualty Page 14 / 15
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- March 6 2018
Axa to acquire XL Group for US$15bn
The French insurer is seizing an opportunity to shift from its predominantly life and savings business.
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- February 22 2018
Allianz delivers strong growth in Asia
Operating profit in the region grew 22% to €273m, driven by strong performance across the business.
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- February 1 2018
Operating cash flow of China’s insurers drops 65% in 2017
The decline is attributed to the intensified and widespread crackdown on risks and foul play in the sector.
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- January 12 2018
Motor premiums versus autonomy
The rise of autonomous vehicles will require motor insurers to pursue new sources of revenue.
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- December 15 2017
Chubb makes leadership changes in Asia Pacific
John French named head of broker distribution and Jarrod Hill as country president, Australia and New Zealand.
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- November 23 2017
Non-life, reinsurance prices forecast to go up
The string of large natural catastrophes this year could lead to rate hardening next year and in 2019, says a new report.
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- November 9 2017
Starr remains committed to Singapore market
The reassurance comes after decision to stop underwriting new business through its Lloyds Syndicate 1919.
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- November 7 2017
Zurich makes new property and energy appointments
The insurer continues to expand its commercial insurance hub in Singapore with new senior regional appointments.
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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.
