News Snapshot:
South Asia digital P&C personal premiums to hit US$7.5bn: Swiss Re - [Vietnam’s BIDV Insurance saw 13% GWP growth in 2020: AM Best] October 7 The insurer's combined ratio has averaged around 98% over the past five years. [Australia’s nat cat costs on upward trajectory] October 7 Natural disasters cost Australia around A$38bn per year but this figure is set to rise significantly. - [Mega Insurance posts ‘satisfactory’ underwriting performance: Fitch] October 6 The insurer has slashed its credit insurance portfolio -- which has resulted in outsized losses for Indonesia's P&C players.
