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Property & Casualty tag returned 2094 results

  • Australia: General insurers urged to focus on consumer-centred culture

    Insurers must focus on creating an ethical, consumer-focused culture, underpinned by robust governance and business practices, if they are to improve their compliance with the General Insurance Code of Practice, according to a report published yesterday by the General Insurance Code Governance Committee.

    Asia | 02 Jun 2020
  • Kenya: Insurance penetration on the decline

    Insurance penetration in Kenya has dropped to 2.43%, the lowest in the last 15 years, according to Kenya Insurance Industry Survey 2019 Report.

    Africa | 01 Jun 2020
  • Rwanda: Insurers shrink in number but increase total assets

    The number of insurers in Rwanda reduced from 16 in December 2018 to 14 in December 2019, according to a Budget Framework Paper released on 21 May by the Ministry of Finance and Economic Planning.

    Africa | 01 Jun 2020
  • Saudi Arabia: Dispute panel clarifies the application of warranties in insurance contracts

    A high-profile dispute in Saudi Arabia has recently played a significant role in defining the application of warranties for Saudi insurers, says global legal firm Clyde & Co.

    Middle East | 01 Jun 2020
  • Hong Kong: 1Q gross premiums climb by 11%

    Total gross premiums generated in 1Q2020 in Hong Kong increased by 10.9% to HK$165bn ($21.3bn) over the corresponding quarter in 2019, according to provisional statistics released by the Hong Kong Insurance Authority (IA).

    Asia | 01 Jun 2020
  • Jordan: Insurance federation publishes engineering insurance guide

    The Training Department of the Jordan Insurance Federation (JIF), in cooperation with the fire, general accidents and engineering insurance committee, has issued a guide on engineering insurance.

    Middle East | 31 May 2020
  • Ping An P&C reaps reward for early digitalisation move

    Since the outbreak of the coronavirus, digitalisation has become a necessity for several insurers in China. However, major Chinese insurance giant Ping An seems to have realised this much earlier than others as it was an early adopter of shifting operations online.

    Asia | 29 May 2020
  • Canopius continues APAC expansion with casualty hire

    Canopius has announced the appointment of Craig Elliott as Casualty Underwriter for the region, effective May 4. He will report to Claudio Saita, head of Australia & Pacific, and will be based in the company's Sydney office, established last June as part of its expansion across the Asia Pacific region.

    People | 29 May 2020
  • Fanhua says agent recruitment and sales activities resumed in May

    Nasdaq listed Fanhua, a leading independent financial services provider in China,Since the beginning of May, has gradually resumed all kinds of offline training, agent recruitment and sales activities, following a lockdown imposed as the COVID-19 pandemic spread.

    China | 29 May 2020
  • Premier says China has room to stimulate economy, aims for positive growth this year

    China has room to stimulate an economy trying to recover in the wake of the coronavirus pandemic, but the government does not want to open the "floodgates", Premier Li Keqiang said yesterday at the end of the annual meeting of the national parliament, reported Reuters.

    China | 29 May 2020

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