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Property & Casualty tag returned 2088 results

  • 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
  • Insurance market shows recovery from COVID-19 impact

    From January to April, the Chinese insurance industry achieved aggregate premiums of CNY1.99tn ($277.8bn), a year-on-year increase of 4.34%. This is an improvement over its performance in the first three months of this year

    China | 29 May 2020
  • Insurance sector taps low interest rates in bond issuance spree

    Ten insurance companies have issued capital supplementary bonds this year to date, raising a combined CNY51.95bn ($7.3bn), a figure which exceeds the total amount raised the whole of last year.

    China | 29 May 2020
  • New Zealand: Severe weather events cost insurers more than US$100m in 2019

    Insurers paid NZ$167.6m ($104.1m) to support their customers recover from severe weather events last year, according to updated data released by the Insurance Council of New Zealand (ICNZ).

    Asia | 29 May 2020
  • Cambodia: Etiqa receives insurance licences

    Etiqa Insurance & Takaful has received licences to operate both general and life insurance business from Cambodia's Ministry of Economy and Finance, the Malaysian leading insurer has announced.

    Asia | 28 May 2020
  • Philippines: Govt cuts red tape in reviving reinsurance tender exercise

    The Philippines will invite reinsurers to make a bid again for the planned PHP2bn ($40m) national indemnity insurance programme to insure and protect public assets in disaster-prone areas, this time with less stringent documentary requirements.

    Asia | 27 May 2020
  • South Korea: Insurance industry's 1Q2020 aggregate net profits plunge 26%

    South Korea's insurers saw their profits decline in the first quarter from a year earlier due to increased insurance operating losses, according to the preliminary data from the Financial Supervisory Service (FSS) released yesterday.

    Asia | 27 May 2020


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