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Property & Casualty tag returned 55 results

  • PIAM names new CEO designate

    The General Insurance Association of Malaysia (PIAM) has appointed Julie Lean Gim Chong as the CEO designate. There is a phased handover transition until she takes over the duties of immediate past CEO, Mark Lim Kian Wei who relinquished his post as CEO with effect from 15 November and will take on an advisory role until his retirement in mid-January 2021.

    Date : 17 Nov 2020
  • Chubb appoints new leadership for Vietnam's general insurance business

    Chubb has announced today Khue Dinh as the new country president for Vietnam's general insurance business with immediate effect.

    Date : 05 Nov 2020
  • Thailand: Siam City Insurance becomes FWD General Insurance

    Siam City Insurance ("SCI"), a general insurance provider in Thailand founded in 1948, has changed its name to FWD General Insurance Public Company Limited ("FWD General Insurance") and has rebranded accordingly. The rebrand follows the acquisition of Bangkok-based SCI in December 2019.

    Date : 20 Oct 2020
  • Hong Kong: Total premiums up 10.2% y-o-y to US$73 bln in 2019

    Total gross premiums reached HK$566.9bn ($73.2bn) in Hong Kong in 2019, a year-on-year growth of 10.2%, according to the Insurance Authority (IA).

    Date : 06 Oct 2020
  • Vietnam: Total premium revenue rose 15% y-o-y to US$3.57 bln in 1H2020

    Total premium revenue in the Vietnamese insurance market was estimated at VND83,084bn ($3.57bn) for the first six months of this year, an increase of 15.02% over the same period in 2019, according to an update from the Insurance Administration and Supervision Department which is under the Ministry of Finance.

    Date : 29 Sep 2020
  • Singapore: Singtel, Great Eastern to offer general insurance products with telco-centric benefits

    Singtel and Great Eastern have partnered to launch a range of general insurance products spanning home, motor and travel, jointly developed by both companies. These insurance offerings, underwritten by Great Eastern, seek to address customer needs arising from their increasingly digital lifestyles, featuring telco-centric benefits that are industry firsts.

    Date : 08 Sep 2020
  • Hong Kong: Total gross premiums up 6% y-o-y in Jan-Jun 2020

    The Hong Kong insurance industry recorded a 6% y-o-y growth in total gross premiums to $313.7 billion (US$40.48 billion) for the first half of 2020, according to Insurance Authority (IA)'s provisional statistics released on 31 August.

    Date : 01 Sep 2020
  • Prepare for a record-high increase in global insolvencies

    The Covid-19 crisis will trigger a major acceleration in business insolvencies due to both the suddenness and historic size of the economic shock and its expected lasting effects, according to a study by Euler Hermes, one of the world's largest credit insurer.

    Date : 04 Aug 2020
  • Thailand: Siam Commercial Bank to launch insurance intermediary subsidiary

    Siam Commercial Bank (SCB), one of Thailand's largest lenders, is set to launch a life and non-life insurance brokerage business through its subsidiary, SCB Protect Co.

    Date : 21 Jul 2020
  • India: 25% would cut life insurance premium payments to ease financial strain

    One in every five Indian consumers surveyed in Mumbai and Bangalore are feeling anxious about their financial situation, with a further 8% of respondents left feeling overwhelmed and unable to cope.

    Date : 23 Jun 2020
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