News

China regulator proposes revisions on reinsurance

It seeks to tighten its watch especially on concentration and overseas risks.

China regulator proposes revisions on reinsurance

It seeks to tighten its watch especially on concentration and overseas risks.

Chubb makes senior management shuffles in APAC

It has also created a new role for consumer lines.

Philippine insurers shell out $80.93m in 2020 COVID-19 claims

Almost $25.4m (PHP1.22b) comprised death benefits.

Australia's HBF acquires CUA's health business

CUA will use the funds from the sale to boost its banking line.

China drafts tables to improve accident insurance pricing

The tables aim to weed out products with low compensation rates.

India's Star Health to raise $275m for IPO

It will be the fourth private insurer to list on Indian stock exchanges.

Singapore's Surer launches insurance quotation marketplace

The platform was built specifically for intermediaries.

Five reinsurers apply for Nepali licence

Only one reinsurer is currently operating in the country.

Aviva Singapore names new group CEO

Pearlyn Phau Yee Meng will also be the executive director.

Australia's ICA posts review on commercial insurance

Affordability and availability issues were focused on public liability, amongst others.

India releases final rules on higher FDI for insurers

At least 50% of annual net profit must be maintained as general reserve.

Underwriting woes to plague Chinese non-life insurers into 2021

Both motor premium value and underwriting were hit by the motor insurance reform.

China Pacific Insurance pushes for diversity, stability in 30th anniversary

It will deepen efforts in health-related business development.

India's Acko seeking funds for unicorn status

The startup is looking to raise about $200m.

APAC M&A insurance scene on the uptick: report

Activity is expected to be strong in 2021 backed by a promising Q1.

Taiwan's Cathay Life posts $2.18b net profit in 4M 2021

Parent firm Cathay Financial recorded a $511m net profit in April.

India pushes product expansion in title insurance

A comprehensive cover for all promoters is recommended.