Login. Reinsurance renewals news. Global economic and insurance market outlook. Review, Insurance Directory Read More Fax: (65) 6224 1091 |, New regulations will help Thai insurers leverage alternative financing source, Southeast Asia's first insured bitcoin fund launches in Labuan, Pandemic continues to make urban India insecure, The digital imperative in a time of trouble. This represents a decrease of 10.889 billion yuan from the 3.291 billion yuan (USD 510 million) that the sector ... Get in touch directly using our contact form. Insights; P&C; China; Non-life premiums across the region forecast to grow by 10% in 2021. Asia Reinsurance Brokers (ARB) is an independent broker who specialises in reinsurance, insurance risk solutions, risk management mitigation, analytics and cyber risk management. Insurance Asia Awards presents the winners in its first ever digital awards presentation A total of 75 insurers were awarded in this year’s programme. Headquartered in Singapore, BMS Asia will initially focus on M&A insurance broking and collaborate with the (re)insurance broke... Get full access. Ronnie Tong has joined the company as Head of Property and Casualty Facultative (news posted on May 28 2020). 07337195 Why do you think the take-up for cyber insurance is still low among businesses in Asia? 2021-02-22T07:58:00+00:00. 8 Mar 2021. Read the full article, The aggregate mortality protection gap in Asia Pacific (APAC) is projected to reach $119 trillion by 2030, according to a new report by Swiss Re. The deal is expected to close in 2020, one all necessary regulatory approvals are received. Read the full article, SCOR Global Life, Garmin and ReMark (SCOR’s in-house InsurTech solution provider) have announced plans to expand their Biological Age Model (BAM) solution across the wider APAC region. ... Join the mailing list Receive our regular newsletter, a round-up of the latest news and insights direct to your inbox, and designed to help you stay ahead. This is according to Swiss Re Institute, which noted in a new report that the ... During this year's January renewals, global property and casualty reinsurance rate increases were good but came up short of a hard market, and expectations remain high for the rest of the year, according to S&P Global Ratings. The Global-Asia Insurance Partnership (GAIP) was announced at the Singapore International Reinsurance Conference (SIRC) 2020 virtual conference by Deputy Prime Minister, ... Chinese property and casualty (P&C) re/insurers generated an underwriting loss of 7.608 billion yuan (USD 1.18 billion) over the first 11 months of 2020, according to reports from regional publication Securities Daily. Over seventy exceptional insurance companies from 22 countries were recognised at the fifth Insurance Asia Awards held digitally from the first to … Munich Re appoints Scott Hawkins to lead Australasia. Asian China: Market share of foreign-owned insurers inches upwards in 2020 Foreign-owned insurance companies in China posted an aggregate premium income of CNY352.4bn ($54.6bn) in 2020, representing a market share of 7.79%. Singapore-based Aravind Srinivas and Tobias Frenz have taken on new roles with the global reinsurer. Swiss Re announces today that Russell Higginbotham has been appointed CEO Reinsurance Asia and Regional President, effective 8 July 2019 and subject to necessary regulatory approvals. Results of companies and insurance markets. Catalina Holdings (Bermuda) Ltd. said it has reached an agreement in principle to acquire Singapore headquartered reinsurer Asia Capital Reinsurance Group Pte. News Toggle navigation News Type. INSURANCE | Staff Reporter, Thailand. This field is for validation purposes and should be left unchanged. Already a Subscriber? Take a Free Trial. While reinsurance market conditions remain healthy and stable overall, the 1.1 P&C renewal season was defined by significant country-by-country variations as reinsurers increased segmentation. Read the full article, Asian reinsurers’ losses related to the coronavirus pandemic appear to be on a manageable scale thus far due to tight measures to curb the spread of the virus, according to Fitch Ratings. Insurance Asia Awards 2021; Contributors; Search. How to decide type of systems services you need before going shopping, Motor business contributes less than 50% of total non-life insurance premiums, Life insurers double premium growth rate y-o-y in Jan 2021, Medical insurers reveal comprehensive short term health insurance loss ratio, Insurers expected to allocate more funds to build self-operated digital platforms -- Fitch, Bundling of health and life insurance plans can promote retention, Swiss Re appoints head of client markets life & health India, Munich Re announces new leadership for life and health in Southeast Asia and digital solutions, COVID-19 vaccines for sale on the black market, Risk Management Institute of Australasia awards, Etiqa introduces new video claims service for motor policyholders, New life policy caters to Singapore's growing high net worth market, Grab announces travel insurance partnership with major P&C player. Asia Insurance Review contact details, Twitter, news, reports and events. The rating agency noted that most Asian reinsurers entered the crisis well-capitalised, but warned that business growth could slow ... Website Privacy & Cookies and Disclaimer. Associated Press . Read the full article, A new tripartite partnership between the global re/insurance industry, regulators and academia is set to launch in January, with the aim of building resilience and addressing protection gaps in Asia. Insurance Business provides daily news, opinion and analysis for insurance brokers and advice professionals. view(s) Thai insurers gain from new funding rules: report. Only email is mandatory, but the more you tell us about yourself the better we can serve you in future. OR. Analsts added that new sales should ... PMAP is an Australian company that provides marketing solutions to banks, insurance companies, retailers and health care organisations across the Asia ... We also publish Artemis.bm, the leading publisher of news, data and insight for the catastrophe bond, insurance-linked securities, reinsurance convergence, longevity risk transfer and weather risk management sectors.. We’ve published and operated Artemis since its launch 20 years ago and have a readership of around 60,000 every month. It was the only place in the state where coal was burned to make electricity. Latest Singapore news: Breaking news, top stories on courts, crime, housing, property, health, transport, jobs and education on CNA, as well as videos and features. Asia Capital Reinsurance Group Pte. Read news release. 15 Oct 2020 - 'SIRC 2020 Re-Mind’ – setting the standard for industry events in the future digital world! All content copyright © Steve Evans Ltd. 2021 All rights reserved. December 31 2020 ; Happy new year projected for Asian markets. Reinsurance: Rate hikes in 1 Jan renewals fall short. Asia Reinsurance Brokers (ARB) is an independent broker who specialises in reinsurance, insurance risk solutions, risk management mitigation, analytics and cyber risk management. Asia Reinsurance news - Reinsurance NewsReinsurance Mag - Reinsurance News nowhttps://ReinsuranceNews.com #Reinsurance #ReinsuranceNews News . The number of full-fledged insurance actuaries in India grew by merely 19 in 2020 compared to 2019,... Online-based insurance advisor Turtlemint has raised $46m in a Series D round of funding from a... "Acing the Digital Era - The Right USP for Brokers", Receive Free Newsletters From Asia Insurance Review, Ins Communications Pte Ltd., 103A Amoy Street, Singapore 069923. BMS launches Asia operations 5th January 2021 - Author: Charlie Wood Independent specialist re/insurance broker BMS Group has announced the launch its Asia broking operations. Hier sollte eine Beschreibung angezeigt werden, diese Seite lässt dies jedoch nicht zu. Read the full article, Chubb Limited has announced that Diego Sosa has been named Regional President for the Far East. Aktien » Nachrichten » PING AN AKTIE » Ping An Property & Casualty Named Digital Insurer of the Year by Insurance News Asia. Insurance news Asia - Asia Reinsurance newshttps://ReinsuranceNews.com #Reinsurance #ReinsuranceNews Welcome to the InsuranceAsia News Awards for Excellence 2020. Read the full article, Moody's Investors Service has assigned a stable outlook to the Chinese life insurance industry for 2021, citing resilient profitability and capitalisation. Sosa will be succeeding Read the full article, A new report by Swiss Re Institute has highlighted the opportunity for re/insurers to access a new risk pool by increasing the uptake of residential coverages in China. This is according to Peak Re CEO Franz Josef Hahn, who stressed the growing importance of insurance-linked securities (ILS) in the ... All three appointments will report to Andrew Gill in his role of Managing Director, Asia ... Financial (Reinsurance) Solutions are commonly used alongside more traditional reinsurance solutions in many markets of the world. Top Global Insurance & Reinsurance Brokers, Chinese P&C re/insurers turn underwriting loss in 2020: reports, Stable APAC outlook underpinned by resilient growth: Moody’s, Resilient profits underpin stable Chinese life outlook: Moody’s, SCOR & Garmin expand BAM health solution across APAC, Global Asia Insurance Partnership to launch in January, China’s general insurance to grow 3.8% in 2020: GlobalData, Generali (GC&C) appoints Head of Underwriting in Asia, Chubb appoints Diego Sosa as Regional President for Far East, Chinese residential protection a new risk pool for re/insurers: Swiss Re, Asia pandemic claims manageable but evolving: Fitch, APAC mortality protection gap forecast at $119tn by 2030: Swiss Re, Alternative capital surge imminent in emerging Asia: Peak Re CEO, Pacific Life Re makes senior appointments in Asia, Arch Re completes majority stake acquisition in PMAP, Chinese rural market a sea of untapped demand: Swiss Re. 6 talking about this. The latest data shows that China’s general insurance industry is forecast to grow at a compound annual growth ... Unrestricted website access: Unlock over 5000+ articles; Breaking News: Never miss a beat with our market moving alerts ; People Moves: Where Asia’s market talent is moving to ; Executive Q&As: The latest strategic thinking straight from the top; Regular and in-depth features: Get under the hood of the region’s thorniest subjects ; Plus much more.