Subject: P&C Page 70 / 75
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- October 1 2020
MS&AD, Tokio Marine reaffirm climate commitments
They follow in the footsteps of Sompo, who released a climate and coal policy last week.
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- September 30 2020
Terence Leung leaves QBE Hong Kong
The former head of commercial underwriting is understood to be joining a local player.
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- September 29 2020
Future’s stakes in Indian JVs close to being sold: report
A sale would reduce the Indian conglomerate's debt burden.
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- September 29 2020
Australia’s market facing difficulties: Gallagher’s Mark Oatway
Brokers should up their game as rates harden and capacity constraints cause challenges.
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- September 24 2020
Sompo becomes first Japanese insurer to outline coal policy
But green groups say Japanese carriers are still lagging behind, with strong words for Tokio Marine.
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- September 21 2020
Axa Korea sale sees rocky start as single bid comes in
One expected contender dropped out at the last minute.
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- September 18 2020
China’s P&C outlook stable as GWP climbs: Moody’s
(Re)insurers can expect "ongoing diversification" to lines such as agriculture and liability.
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- September 17 2020
“Complex” CBA and Westpac P&C sales to kick off: report
Macquarie believes multiple relationships between the banks and insurers could put buyers off.
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- September 16 2020
Munich Re leads Indian insurtech’s US$60m fundraise
The new round brings Acko's valuation to around US$500m in a thriving market.
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- September 16 2020
Shinhan selects advisers for potential Axa Korea bid: report
The preliminary bidding process for P&C unit will kick off on September 18.
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- September 10 2020
Chubb appoints leader of Japan’s P&C operations
The firm's Brazil COO is set to become regional president for its far east region.
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- September 10 2020
Shinhan’s capitalisation could “weaken” if it pursues M&A: S&P
Several of Korea's financial majors could be looking at buying Axa Korea.
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- September 10 2020
Ping An to invest “up to US$14bn” in tech R&D by 2030
Richard Sheng explains how the Chinese giant is planning to become a digital pioneer.
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- September 8 2020
Can the market rectify China’s low take-up of housing cover?
Leading players look to bridge a poor penetration rate through reforms and public partnerships.
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- September 2 2020
China’s market recovers with 7% GWP growth to US$437bn
Domestic players now hold over US$3.2 trillion of assets.
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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 25 2020
CBIRC commits to opening up to foreign players
Market reform and supervision are on the agenda in China with Allianz and Chubb taking advantage.
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- August 21 2020
Axa eyes South Korea P&C sell off: report
Any potential sale could raise between US$135m and US$203m.
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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 17 2020
Sedgwick selects Chubb’s ex-APAC claims chief as Asia COO
Ben Chin is replacing Wayne Cheng who has decided to retire.
