Subject: P&C Page 58 / 73
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- September 24 2021
Indonesia’s non-life market downgraded to ‘negative’
AM Best sees a rocky road ahead for P&C players amid a "weaker-than-expected" recovery from the Covid-19 pandemic.
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- September 24 2021
New Zealand insurers profitable despite nat cats
Report shows wildfires have also contributed to major claims along with heavy rainfall.
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- September 21 2021
ICA eyes cost of SME commercial lines
Outgoing National Insurance Brokers Association head Dallas Booth will lead a new advisory council.
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- September 20 2021
Zurich mulls GI asset sale in Australia – report
Bloomberg says the disposal could raise a "few hundred million dollars" for the Swiss insurer.
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- September 17 2021
Samsung Re gets group captive boost: AM Best
The reinsurer is mainly focused on South-East Asia and India as GWP neared US$80m in 2020.
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- September 17 2021
Q&A: Swiss Re Corporate Solutions’ Vanessa Priede
International programs are becoming increasingly popular.
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- September 14 2021
Falcon GM to join Hong Leong Insurance in Hong Kong – sources
IAN understands that Cody Hui is making the switch with Furmen Chiu set to join Falcon.
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- September 9 2021
Global non-life premiums to top US$7trn in 2022: Swiss Re
General insurance premiums to rise 10% above pre-Covid levels by the end of this year.
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- September 9 2021
CBIRC says motor insurance reforms meeting objectives
Regulator says auto insurance's share of the P&C market is nearing that of US and Japan after last year's regulatory changes.
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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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- September 8 2021
Fubon Insurance’s risk profile defined by geography: Moody’s
The Taiwanese insurer's operations in mainland China and Vietnam accounted around 10% of total revenue in 2020.
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- September 7 2021
Swiss Re Corporate Solutions appoints new Malaysia head
Jack See will relocate to Kuala Lumpur from Singapore and succeeds Juerg Stoll.
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- September 7 2021
China and climate risks to drive P&C growth until 2040: Swiss Re
Reinsurer expects US$2.5tn in new global P&C premiums of which 43% will originate from emerging markets.
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- September 7 2021
Korea’s P&C space to see accelerated digital transformation: Fitch
Carrot General Insurance recently rolled out a pay-per-mile plan for electric vehicles.
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- September 6 2021
Tokio Marine buoyed by strong domestic position: AM Best
The P&C player's 25% market share of net premiums in Japan cushioned the global impact of Covid-19.
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- September 6 2021
Sompo Japan improves at home but overseas profits hit
The P&C player's overseas business was adversely impacted by the Covid-19 pandemic.
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- September 3 2021
Asia’s P&C reinsurers rise in global ranking
China Re has surpassed Lloyd’s in AM Best's reinsurer Top 50 list.
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- September 2 2021
China Railway’s captive saw US$89m GWP in 2020: Moody’s
The rating agency notes that the insurer's combined ratio rose to 91% in 2020 from 75% the previous year.
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- September 2 2021
Singapore broker g&m acquires Anda from Marsh
The P&C player says it will continue to seek out suitable acquisition opportunities.
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- September 2 2021
South Korea’s P&C profits under pressure as social distancing eases
Non-life income has increased by 47.5% in H1 2021 but higher loss ratios are forecast.
