Asia Pacific
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Allianz buys Westpac insurance business for A$725m
The sale price represents a 1.3 times multiple of the acquired businesses’ gross premiums
Asia insurtech sector speeding ahead on regulatory fast track
The adoption of insurtech solutions in Hong Kong and Singapore is not without its challenges, but these are being addressed through proof of concept initiatives sanctioned by the regulator
Tokio Marine to launch Canadian P&C carrier
Tokio Marine Canada aiming to achieve premium of 'several hundred million' Canadian dollars in five years
AM Best warns on earnings impact of Australian BI test case
Ruling will have adverse impact on commercial insurers’ operating earnings
India bets on technology to boost performance of crop insurance sector
Digital weather stations and drone technologies will make the crop insurance scheme more efficient, but the bigger challenge is to make it viable for foreign reinsurers to participate in
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