When the 737 MAX was grounded globally in March 2019 following two fatal crashes, airlines canceled flights because they lacked enough airplanes to meet strong travel demand.

Now many have parked jets or even gone out of business in the pandemic, creating challenges for Boeing as it tries to find homes for 737 MAX jets that are built but now lack buyers.

Canada’s Intact, Denmark’s Tryg agree to buy British insurer RSA for $9.6 billion

Nov 19, 2020

Best known in Britain for its more than brand, RSA provides home, motor and commercial insurance and also has large operations in Canada, Ireland and Scandinavia.

China all set to change its development model from 2021: Xi Jinping

Nov 19, 2020

“In seven years since the 2008 global financial crisis, the contribution of China’s domestic demand to GDP exceeded 100 per cent, making domestic consumption the main driver of its growth,” Chinese President Xi Jinping said.

China’s per capita GDP has topped USD 10,000 and its middle-income population has exceeded 400 million. It is projected by many international institutions that China’s retail market will reach USD six trillion in size this year, he said.

Aon Launches Asia Pacific Capital Advisory Unit to support Re/insurers

Nov 19, 2020

“In the current environment, many Asia Pacific re/insurers are experiencing low growth, low underwriting margins and low investment income, while facing higher capital requirements due to regulatory and rating agency obligations,” said Rupert Moore, CEO of Japan for Reinsurance Solutions,, AON

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