Insurance business lifts HSBC’s profit in Asia
August 1 2017 by InsuranceAsia News Staff-
Oona buys out InLife stake in Filipino general insurance JV
- December 7
The Warburg Pincus investment vehicle will acquire the outstanding 40% stake in the non-life business that it had bought from Mapfre last year.
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Parametrics primed for APAC’s insurance mainstream: Descartes
- November 28
As the search for nat cat capacity grows in the region, the MGA is looking at 'solid double-digit' premium growth this year on more demand from Australia, New Zealand, the Pacific islands and the Philippines.
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Philippines’ MT Princess Empress oil spill claims exceed US$50m: IOPC
- November 22
The first layer of claims costs, up to the owner’s liability limit, will be met by the Shipowners’ Club and the remaining claims will be paid out through the IOPC Funds.
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Malaysia’s MAA Group to sell 85% stake in Filipino subsidiary
- November 17
The group will sell its share in MAA General Assurance Philippines to Triple P Philippines for US$49.3m with an option to sell the remaining 15% stake for US$8.7m within 14 months.
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Capital Consulting International seeks to expand into new markets and double its APAC presence
The consultant is exploring potential acquisitions in Australia and New Zealand, and expanding its footprint in South-East Asia, Korea and Japan.
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Peak Re | From cybercrime to mental well-being: evolving needs of emerging Asia
Managing these daunting risks will require a multi-stakeholder approach to risk identification, financing and mitigation.
