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Property & Casualty tag returned 1098 results

  • Insurers see claims of over HK$2.9bn from super typhoon

    According to recent statistics released by Hong Kong Federation of Insurers (HKFI), around 32,000 claims were incurred due to typhoon Mangkhut which struck Hong Kong in September 2018. These statistics were collected from 59 insurance companies accounting for over 80% of the market share.

    Latest News | 22 Mar 2019
  • World's largest P & C insurer announces new head in Singapore

    Chubb has appointed Ms Serene Neo as division head of accident and health (A&H) for Singapore, effective 25 March 2019. She will provide strategic oversight of business development and financial performance as well as spearhead new partnerships and digital initiatives. She will report to Chubb country president for Singapore Scott Simpson.

    Latest News | 22 Mar 2019
  • Pakistan: Govt urged to do more to develop insurance market

    The government needs to do much more to support the industry, even if it is in terms of implementing existing laws, according to Mr Abdul Waheed, CEO of Askari General Insurance and a chartered accountant.

    Asia | 22 Mar 2019
  • Three-day insurance plan for Singaporeans for S$1

    Great Eastern is offering modular insurance products to Samsung Pay users via a partnership with Samsung. These products can be purchased directly with Samsung Pay and comprise personal accident plan, GREAT Smart Cover and home insurance plan, GREAT Smart Home.

    Latest News | 21 Mar 2019
  • Tunisia: Structural issues affect insurance industry's profits

    The Tunisian insurance industry is estimated to have posted net profits of up to TND100m ($33.2m) for 2018, according to Mr Hafedh Gharbi, president of the insurance regulator, the General Insurance Committee (CGA).

    Middle East | 21 Mar 2019
  • China: AXA aims to accelerate business growth with 100% stake in property insurer

    French global insurer AXA Group is looking forward to owning 100% of its current Chinese insurance venture, AXA Tianping Property & Casualty.

    Asia | 21 Mar 2019
  • Morocco: Non-life business outstrips life operations at Saham Assurance

    One of Morocco's biggest insurers, Saham Assurance, has posted a 7.8% increase in overall turnover to MAD5.22bn ($544.6m) for the financial year ended 31 December 2018, compared to 2017.

    Middle East | 20 Mar 2019
  • China: 2 listed companies eye separate insurance start-ups

    Hainan Haiqi Transportation Group and Chengdu Haoneng Technology, both of which are listed on the Shanghai stock exchange, yesterday announced separately that they plan to establish insurance companies, to be called Haijin Property Insurance and Western Agricultural Insurance respectively.

    Asia | 20 Mar 2019
  • AIG appoints Christian Sandric President & CEO, Singapore

    AIG has announced the appointment of Christian Sandric as President and Chief Executive Officer, Singapore which will take effect in April 2019. Mr. Sandric will report to Sachin N. Shah, Chief Executive Officer, Asia Pacific, AIG General Insurance, and will be based in Singapore.

    Agents | 18 Mar 2019
  • Saudi Arabia: Insurers await law change regarding minimum capital

    The insurance market in Saudi Arabia is potentially facing a major shake-up as a new draft insurance law has proposed raising the minimum level of capital insurers need to hold to SAR500m ($133.3m), international ratings agency Moody's has said. The current minimum capital is SAR100m.

    Middle East | 18 Mar 2019

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