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Property & Casualty tag returned 1775 results

  • QBE names industry veterans to Asia Advisory Board

    QBE has appointed Mr Michael Gourlay and Ms Yen Saw as Non-Executive Directors of the QBE Asia Advisory Board, effective January 2020. Michael will also Chair the Asia Advisory Board.

    Agents | 28 Jan 2020
  • Egypt: State owned insurance holding company aims for 10% higher net profits

    State owned Misr Insurance Holding Company (MIHC) aims to achieve 10% growth in consolidated net profits in the current fiscal year ending 30 June 2020 (FY2020), the company's MIHC chairman and managing director Basel El Hini has said.

    Middle East | 28 Jan 2020
  • Japan: Sompo to offer coverage for ad fraud

    Major insurer Sompo Japan Nipponkoa has joined hands with Momentum, a high tech digital advertisement company located in Tokyo that provides ad verification and ad fraud services, to offer ad fraud insurance. This is reportedly the first such plan in the country.

    Asia | 28 Jan 2020
  • Turkey: Insurance market sees double-digit real growth in 2019

    The Turkish insurance industry produced TRY69.2bn ($11.7bn) in premiums in 2019, according to data released by the Turkey Insurance Association (TSB).

    Middle East | 27 Jan 2020
  • Egypt: Allianz spurred on by favourable economic indicators

    Global insurer Allianz is optimistic about the results of economic reforms in Egypt, as well as improvements in economic growth indicators this year, which would give a strong push for Allianz to enhance its presence in Egypt, Mr Mohamed Mahran, vice chairman and managing director of Allianz Insurance-Egypt, has said.

    Middle East | 27 Jan 2020
  • Insurance premium revenue shoots above CNY4tn mark

    China's insurance sector saw premium income jump by 12.2% in 2019 to cross the CNY4tn mark for the first time. Total premium income reached CNY4.27tn ($615bn), with growth driven by life business, particularly health insurance.

    China | 24 Jan 2020
  • Market entry requires huge upfront investments despite US-China trade deal

    The signing of the first phase of the trade agreement between the US and China on 15 January 2020 removes many formal barriers that have been obstacles to the opening up of China's financial markets, points Moody's Investors Service.

    China | 24 Jan 2020
  • New China grows fastest in 2019 among 5 listed Chinese insurers

    Five major listed Chinese insurance companies have posted combined premium revenue of CNY2,399.3bn ($346bn) in 2019, representing a year-on-year increase of 9.35% over 2018.

    China | 24 Jan 2020
  • Egypt: Insurance market gains from several initiatives

    The Egyptian insurance market posted premiums of EGP31.8bn ($2bn) during the first 11 months of 2019, compared to EGP26.1bn in the corresponding period of 2018, representing a growth rate of 21.8%.

    Middle East | 23 Jan 2020
  • India: Insurers & reinsurers feel the pinch of a slowing economy

    India's slowing economy will weigh on insurance premium growth over the next 2-3 years, although supportive measures put in place by the IRDAI will help counterbalance the deteriorating economic environment, says Moody's Investors Service.

    Asia | 23 Jan 2020

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