Line of business: Motor Page 11 / 11
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- September 4 2020
CBIRC steps up motor market reforms, supervision
Regulatory oversight is being strengthened.
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- August 26 2020
Motor claims drop in Japan and Korea amid lacklustre growth
There are mixed fortunes for P&C players operating in the two countries.
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- August 18 2020
Malaysia’s P&C sector sees “steepest” ever H1 GWP drop
Road to recovery will be long and arduous says the country's General Insurance Association.
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- August 14 2020
South Korea’s P&C players hit by US$40m rain losses
The longest monsoon in the country since 2013 has flooded thousands of vehicles and homes.
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- August 13 2020
Tesla registers Shanghai broker: report
The US electric vehicle specialist could use data capture to develop driver profiles.
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- July 10 2020
Chinese motor reforms are “credit negative” for insurers: Moody’s
The regulator's sweeping changes could increase loss ratios from 60% to 75%.
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- June 16 2020
Locked down India sees P&C premiums fall 9% in May
India has been one of the hardest hit countries in Asia by Covid-19.
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- June 10 2020
Electric car risks to multiply as Asia sales ramp up
Amid a growing market, especially in China, product liability cover needs to be improved.
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- June 5 2020
India’s motor claims surge over 50% as traffic restarts
However the country is still in lockdown -- which has now surpassed 70 days.
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- April 20 2020
Youi joins Australia’s insurers in premium help amid Covid-19
The firm is offering 15% cashback on motor premiums for the next three months.
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- March 11 2020
How digital is shaping Asia’s P&C claims
Tech such as AI is transforming personal lines which could translate to commercial.
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- February 26 2020
Raheja QBE’s Arora signals motor and health push
The Indian JV is looking for fast growth and to diversify.
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- February 5 2020
Will Thailand’s motor market turnaround in 2020?
High repair costs and fierce competition are squeezing margins but rate hardening has begun.
