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Property & Casualty tag returned 1691 results

  • New head of claims for general insurer's Asian operations

    Generali Global Corporate & Commercial (GC&C) has selected Ms Lucia Sun as its new head of claims for Asia with effect from 25 November. Based in Hong Kong, Ms Sun will be responsible leading the claims team across Asia and will report directly to GC&C head Axel Roesner.

    Asia | 09 Dec 2019
  • Africa: Continental insurer keen to strengthen disaster cover

    frican Risk Capacity Insurance, the subsidiary of African Risk Capacity (ARC), a specialised agency of the African Union, says it is keen to help the continent hedge against disaster-induced risks without having to rely on foreign aid.

    Africa | 09 Dec 2019
  • Philippines: Tender launched for insurance of state assets

    Social insurance institution Government Service Insurance System (GSIS) has launched a tender, from 4-11 December, for an insurance plan to cover government assets in 25 provinces in the Eastern Seaboard for PhP1tn ($19.7bn).

    Asia | 09 Dec 2019
  • 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