Industry Segments: Property & Casualty Page 5 / 14
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- August 13 2021
Sri Lanka’s state reinsurer saw premiums decline in 2020
NITF discontinued accepting a 30% facultative share from local insurers due to the non-availability of retrocession cover.
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- August 6 2021
HDI Global’s Silton handed additional role as Malaysia head
The Singapore-based executive takes over from Danh Duong, who will now focus on operations in Vietnam.
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- July 21 2021
Digital insurers lead return to growth in India
Figures for H1 2021 show an uptick of 14% compared to last year.
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- June 11 2021
Cambodia resilient as general insurance grows 10.5% in 2020: report
The highest increases were seen in property and medical insurance.
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- June 8 2021
CBA close to selling domestic P&C business–report
AFR report says IAG and Allianz are the frontrunners in the bidding for CommInsure.
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- June 2 2021
Japan’s P&C players struggled overseas in last financial year
Profit drops at 'Big Three' related to Covid-19 and credit insurance, according to Moody's.
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- May 21 2021
Thailand non-life premiums up 3.5% despite economic slowdown
AM Best report shows health insurance premiums jumped 44% in 2020.
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- March 23 2021
China FDI changes won’t spur insurance gold rush
Replacing ownership caps with a national security review is unlikely to open the investment floodgates, experts tell IAN.
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- March 9 2021
Nova Insurance to join HK-listed FSE Services Group
GM Patrick Chan told IAN the broker will have more resources to expand once the deal is completed.
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- March 8 2021
Indonesia in recovery mode after 4% premium fall
Data for December shows strong rebound for the country's P&C sector.
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- February 18 2021
Private equity hunger for Asia insurers to grow
Global PE firm Carlyle has targeted South Korea's reinsurance space.
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- February 5 2021
APAC businesses led global rivals in Covid resiliency: Aon
52% of APAC survey participants had a pandemic plan in place prior to Covid-19.
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- February 4 2021
Chubb hires head of Asia property from AIG
Alex Todd will oversee the insurer's regional commercial property portfolio from Singapore.
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- February 3 2021
Queensland body calls for national reinsurance pool
Local government cites rising unaffordability of insurance in the north of Australia.
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- January 22 2021
Indonesia gets US$500m World Bank disaster loan
The government agreed a US$770m risk financing initiative with a consortium of (re)insurers in 2019.
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- January 12 2021
Malaysia flood losses could rise to US$10m
In-country loss adjuster tells IAN few large commercial claims are expected.
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- January 7 2021
‘Black Summer’ bushfires to cost Aussie market US$1.45bn
Catastrophe data provider Perils provides final P&C loss estimate.
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- December 15 2020
Philippines PNBGen to merge with Alliedbankers Insurance
Billionaire Lucio Tan is on both sides of the transaction.
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- October 19 2020
Insurers race to meet Philippines’ capital requirements
Four firms have been given a fresh deadline.
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- October 9 2020
Axa XL confirms senior Asia appointments
They are part of a division overseen by Xavier Veyry.
