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Property & Casualty tag returned 1688 results

  • AIG appoints Alex Todd as head of commercial property in Asia

    AIG has announced the appointment of Alex Todd as Asia Pacific head of commercial property.

    People | 06 Dec 2019
  • Winner-takes-all situation developing in non-life market

    Non-life insurers face huge challenges in the motor insurance market as further price liberalisation has reduced average policy premium, while new automobile sales are experiencing negative growth for the first time. Both of these developments challenge insurers, notes international professional services firm EY in its China Insurance Outlook 2020 report.

    China | 06 Dec 2019
  • Mandatory auto insurance should improve personal protection cover--Swiss Re

    Insurers which offer compulsory motor third party liability (CTPL) insurance in China should improve protection of persons against injury/death instead of focussing on covering vehicle damage, according to Mr John Chen, president of Swiss Re China.

    China | 06 Dec 2019
  • Outline released of Yangtze River Delta integrated development plan

    The Communist Party of China and the State Council have issued jointly an outline of the integrated regional development of the Yangtze River Delta, spelling out targets, requirements and measures to boost the integrated development of the Delta.

    China | 06 Dec 2019
  • China: EY outlines imperatives for insurers in 2020

    Insurance companies in China will have to move toward digitalisation to improve efficiencies, provide better customer experiences and deal with the disruptive challenges from technology giants that are increasingly involved in the insurance market, says international professional services firm EY.

    Asia | 06 Dec 2019
  • India: Finance ministry seeks grant to recapitalise 3 state owned insurers

    The Finance Ministry has sought approval from the Parliament for an additional grant of funds for the recapitalisation of three state-run general insurance companies ahead of taking further steps to merge them.

    Asia | 06 Dec 2019
  • Turkey: Insurers are bullish about 2020

    The Turkish insurance sector is looking forward to 2020 as the industry has been performing above expectations so far this year in spite of low economic growth and the momentum is expected to continue.

    Middle East | 05 Dec 2019
  • GCC: Regulators increasingly collaborate with industry players to boost insurance

    Regulators across the GCC are increasingly collaborating with insurance companies to educate consumers on protection and risk-mitigating insurance offerings to make a positive impact on the development of the industry, notes Alpen Capital (ME), a Dubai-headquartered investment banking advisory firm, in a report on the region's insurance industry.

    Middle East | 05 Dec 2019
  • Indonesia's public assets covered for first time

    From 1 December government buildings in seismically-active Indonesia will be insured by a consortium of 56 insurance companies for the first time.

    AIRPlus | 05 Dec 2019
  • Australia: ASIC to ban cold call sales of direct life insurance

    The Australian Securities and Investments Commission (ASIC) yesterday announced a ban on unsolicited 'cold call' telephone sales of direct life insurance and consumer credit insurance (CCI). The ban will address poor sales practices that have led to unfair consumer outcomes. It will take effect from 13 January 2020.

    Asia | 05 Dec 2019

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