Industry Segments: Property Page 6 / 6
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- June 9 2022
Axis Re in Asia shake-up as it quits property and cat risks
Jobs under threat as the reinsurer focuses on A&H and specialty lines.
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- March 18 2022
New Zealand introduces nat cat Bill for disaster response
The move helps clarify the current Earthquake Commission Act and takes lessons from 2010-11.
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- March 14 2022
CPIC reports rising premium income for both property and life
CPIC's property premiums have surged 15.7% year-on-year, whilst its life unit saw a rise of 2.3%.
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- March 10 2022
Hong Kong GI GWP to reach US$10.1bn in 2026: GlobalData
Market projected to grow 6.6% annually, as demand ticks up for liability cover such as cyber and D&O.
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- January 4 2022
Asia cat capacity held firm at 1.1 renewals: Gallagher Re
Loss free XOL property programs saw flat to low single digit risk adjusted pricing.
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- November 3 2021
China’s motor reforms take a toll
P&C lines are down by 7.6% this year after the CBIRC's auto insurance revamp.
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- October 28 2021
Financial lines led Asia Q3 price hikes: Marsh
Heightened cyber risk generated pressure on pricing, a reduction in capacity and a narrowing of cover.
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- October 22 2021
Dah Sing Insurance maintains Hong Kong market share
AM Best says the P&C player plans to scale down its reinsurance inward treaty business to better control risk accumulation.
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- October 13 2021
Tropical Cyclone Seroja loss revised downward to US$290m: Perils
The nat cat data provider's initial estimates put the cost to the insurance industry at US$318m.
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- September 9 2021
Lloyd’s Asia players highlight property, manufacturing risks: webinar
The ability to add extra protection through ownership seen as a key factor affecting an insured's risk profile.
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- July 19 2021
Malayan reliant on reinsurance to write large property risks: AM Best
The largest Philippine P&C player had GWP of US$280m in 2020.
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- July 15 2021
FM Global makes two senior Asia promotions
Tan Hian Hong and Hamish Ravindran take on new underwriting and client service VP roles.
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- June 28 2021
RACQ CEO calls for national reinsurance pool
The Treasury has been seeking comment on plans to cover cyclone-risk in northern Australia.
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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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- May 7 2021
Munich Re hires Asia property treaty underwriting lead
Joachim Zagrosek has joined from Swiss Re as the reinsurer unveils positive Q1 2021 results.
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- April 30 2021
Canopius bolsters APAC team with two Singapore hires
Glen Lua and Rhys Purchase take on A&H and D&H commercial property underwriting roles.
