Industry Segments: Property & Casualty Page 8 / 14
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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 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 24 2020
Cover-More cuts staff amid travel gloom
CEO Hanno Mijer says no-one could have imagined the scale of the Covid-19 outbreak.
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- April 22 2020
Reinsurers’ profits increased 87% in 2019: Aon
23 global players saw overall gross written premiums climb 6% to US$278bn.
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- March 18 2020
Swiss Re hires Jolene Loh in South-East Asia L&H push
Loh joined from Pacific Life Re earlier this month.
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- February 12 2020
China’s Huize completes US$55m Nasdaq IPO
The online broker was originally looking to raise as much as US$150m.
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- February 7 2020
Scor reduces China exposure and reveals Hagibis hit
The French giant also revised its Typhoon Faxai impact and cut its P&C global 1.1 renewal book.
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- January 7 2020
Chris Townsend leaves AIG
A search for a new head of international general insurance has begun.
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- December 19 2019
90% profit drop for India’s general market
After-tax profits fell to US$96m, compared to US$972m in 2018.
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- December 4 2019
Hong Kong’s market robust in first nine months
Insurers in the Special Administrative Region saw a 883% upward profit swing for P&C business.
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- November 28 2019
Zurich secures Adira P&C deal in Indonesia
The Swiss giant has become the largest international P&C player in the country.
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- November 20 2019
Sally Cheung to swap Navigators for Berkley Asia
Casualty manager Joby Lau is also set to leave Berkley's Hong Kong operation.
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- November 19 2019
Hiscox cites pricing in casualty reinsurance exit
The firm has recently suffered losses from typhoons Faxai and Hagibis.
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- November 14 2019
Emerging Asia to spur growth in 2020, 2021: Swiss Re
China and India expected to stimulate premiums amid a sluggish global economy.
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- November 4 2019
Zurich promotes Penny Seach in Hong Kong
Geoffrey Au and Anthony Seeto have also been given elevated roles.
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- October 30 2019
Asia is pivotal; cycle is dead: Lloyd’s Neal, SIRC 2019
John Neal, Lloyd's chief executive, is optimistic if the market can innovate.
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- October 30 2019
Ergo partners in China to target motor
Munich Re's primary insurer is teaming up with Great Wall Motors.
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- October 8 2019
Malaysia’s fire detariffication set for delay: report
The long awaited reform is still being scrutinised by the regulator.
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- September 26 2019
Chubb hires Ian Ovenden for Singapore office
Former QBE and Allied World exec relocates to Lion City in new regional role.
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- September 20 2019
Thailand’s motor market under pressure
A reduction in the cap on broker commissions could help stem losses.
