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Property & Casualty tag returned 1333 results

  • Tunisia: Insurance premiums slide by almost 6% in 1Q

    The Tunisian insurance sector saw premium income decrease by 5.8% to TND726.3m ($255m) in the first quarter of 2019, compared to the corresponding quarter in 2018 when premiums increased by 12.2%, according to data from the General Insurance Committee (CGA),

    Middle East | 18 Jul 2019
  • China: Major listed insurers see steady premium growth in 1H

    Listed insurers China Life, New China, Ping An, China Pacific and China Taiping posted solid gross premium income growth in the first half of 2019, according to their stock exchange filings.

    Asia | 18 Jul 2019
  • Australia: Loyalty tax rises for existing policyholders

    On average, customers renewing their insurance policy with the same insurer paid 27% more than new customers, according to research carried out last year by the New South Wales's Insurance Monitor. More recent data indicates the gap has risen to 34%. This translates to hundreds of dollars for the average home and contents insurance policy.

    Asia | 18 Jul 2019
  • Generali strengthens underwriting capabilities with new appointment

    Generali Global Corporate & Commercial (GC&C) has appointed Mr Dawood Yeung as Asia head of engineering underwriting with effect since 1 June. He has been with the insurer for the last 15 years, having joined in 2004 as an engineering senior manager.

    Asia | 17 Jul 2019
  • Saudi Arabia: National reinsurer leads insurance sector in profit growth in 1Q

    Saudi Arabia's only locally incorporated reinsurer Saudi Re was ahead of direct insurers in the Kingdom in terms of profit growth in 1Q.

    Middle East | 17 Jul 2019
  • Indonesia: Listed insurers see little trading in their stocks on the bourse

    Stocks of listed insurers see little action on the bourse, with the situation attributed to the low number of outstanding shares from insurance companies listed on the Indonesia Stock Exchange.

    Asia | 17 Jul 2019
  • New CEO for general insurer's Malaysian operations

    Mr Junior Cho has been appointed as the CEO of Zurich General Insurance Malaysia (ZGIMB) with effect from 15 July 2019 and succeeds Mr David Fike who has now assumed a regional role within Zurich Insurance Group. In his new role, Mr Cho will drive the insurer's business strategies for its general insurance business in Malaysia and will report to its board of directors.

    Asia | 16 Jul 2019
  • Turkey: New economic blueprint proposes measures to boost insurance

    An economic road map unveiled by the Turkish government last week includes several measures related to the insurance and pension sectors. The Eleventh Development Plan was submitted to the Turkish Parliament on 8 July after it had been approved by President Recep Tayyip Erdogan. The plan covers the years between 2019 and 2023, and serves as a guide to improving the Turkey's economy.

    Middle East | 16 Jul 2019
  • Nigeria: Insurance market sees premiums jump by 10% in 2018

    Premium income in the Nigerian insurance sector rose by 10% to NGN400bn ($1.1bn) in the 2018 financial year, according to the Nigerian Insurers Association (NIA).

    Africa | 15 Jul 2019
  • UAE: Failed rocket and satellite insured for US$416m

    The combined insurance policy for the rocket and satellite that failed minutes after takeoff last week totalled EUR369m ($416m), reported Reuters.

    Middle East | 15 Jul 2019

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