Industry Segments: Property & Casualty Page 7 / 14
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- August 5 2020
Japan’s P&C majors seek up to 10% premium hike: report
After several years of severe flooding, premiums will rise for high risk flood areas.
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- August 4 2020
BHSI’s Beltran to oversee Asia head of first party lines
Carlos Beltran moves from Dubai to Singapore for the role.
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- July 24 2020
Hong Kong’s tax boost adds greater hub urgency
Insurers and brokers see 50% cut for marine and specialty lines to help compete with Singapore.
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- July 23 2020
CBIRC delegates authority for majority of P&C insurers
Local authorities to become responsible for 64 P&C players.
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- July 21 2020
AM Best downgrades New India
The ratings agency also noted a worsening outlook for India's P&C players.
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- July 14 2020
Suncorp reflects on bushfires as NZ earthquake premiums soar
The affordability of insurance has come under scrutiny in Australia and New Zealand.
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- July 10 2020
Covid-19 to accelerate market shift to Asia
Premiums will emerge faster and stronger in the region according to Allianz and Swiss Re.
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- July 8 2020
Japan’s torrential July rainfall manageable for P&C players
Loss estimates not yet released from the wild recent weather but Moody's isn't too concerned.
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- July 3 2020
People moves: Allied World, Rare Earth Insurance Partners, Sedgwick
Wang Wei steps up as chief executive at Rare Earth as Phil Bilney takes on chairman role.
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- July 1 2020
Gary Dransfield to leave Suncorp in management shake-up
His role as insurance chief executive will not be directly replaced.
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- June 30 2020
China flood losses soar to nearly US$4bn
The country is bracing for more flooding on the east coast this week.
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- June 22 2020
Ergo’s China moves: CEO Schmitz on its “central role”
Why the Munich Re-owned German insurer is convinced of the need to invest in the region.
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- June 19 2020
NZ’s EQC secures US$4bn reinsurance programme
The placement via Aon is considered a significant milestone given the country's earthquake risk.
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- June 17 2020
South China flood losses reach almost US$3bn
Intense rain and floods come as Beijing deals with a new Covid-19 cluster outbreak.
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- June 9 2020
Axa XL appoints head of Asia and Europe
A long-serving Axa exec will relocate from China to Europe "later in the year."
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- June 9 2020
Ergo diversifies in China with 25% stake in P&C player
Juergen Schmitz, China CEO at the Munich Re-owned insurer, hails deal as "strong entry point."
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- June 9 2020
Allianz doubles down on “growth engine” Asia
The coronavirus is creating opportunities in the region according to the global giant.
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- June 8 2020
Bushfire Commission issues warning to Australia’s market
The government, insurers and scientists look to address the country's huge climate risks.
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- June 3 2020
Swiss Re CorSo selects APAC property and specialty lead
A long-serving company exec is moving from Chicago to Singapore.
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- June 2 2020
India to revisit nat cat pool following latest cyclone
Cyclone Amphan will likely trigger hundreds of millions of dollars in claims.
