Insurance
Korean Re ranks 10th highest in 2020 premium income
The S.Korea reinsurarer’s premiums stood at $7.78b last year.
Korean Re ranks 10th highest in 2020 premium income
The S.Korea reinsurarer’s premiums stood at $7.78b last year.
AON laps up remaining 51% stake in Aon India Insurance Brokers
This gives the company 100% control of the Indian insurance broker.
Westpac completes sale of lenders mortgage insurance arm
The business was sold to Bermuda-based Arch Capital Group Ltd.
Lockdowns lifts Australian health insurer profits
And lowered claims costs for health insurers.
BEA completes sale of insurance arm to AIA
The sale was for approximately $655.56m in cash, including notional interest.
HKIA inks MoU with China and Macau
The agreement aims to step up their collaboration on innovation in financial services.
Insurance broker g&m acquires ANDA from Marsh Singapore
Both companies will operate independently.
Understanding demand for specialty lines in Asia: the road ahead
The Asian insurance industry has shown strong resilience, despite the economic crisis brought about by the COVID-19 pandemic since the start of 2020...
Hong Kong’s total gross premiums dips by 2.2% to $39.48b
However, new sales of life insurance policies went up by 22.9%
Pandemic boosts APAC’s insurance giants 2020 performance: analyst
The top 20 insurance firms reported an aggregated premium of $821.4b.
AIA Singapore appoints new AIA Financial Advisers CEO
He has over 23 years of experience in all areas of distribution and strategy.
China probing Ping An Insurance’s property market investments: report
The insurer disclosed $8.4b exposure to China Fortune Land Development in February.
ICA warns new cybersecurity rules could raise premiums
Australian insurers urged the government to approach these amendments with caution.
China Life H1 2021 profit soars to 34.2%
This is despite the sluggish growth of GWP due to the impact of COVID-19.
APAC saw lowest insurance M&A deals since 2011
M&A decreased by as much as 51% in H1 2021.
Allianz Malaysia GWP surges to $662m for H1 2021
However, profits before tax is 19.6% lower compared to last year.
Zurich Hong Kong launches new insurance plan for domestic helpers
The plan comes with multiple new protections for employers and employees.