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Found 12407 Results
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- April 5 2025
CMB Wing Lung Insurance sees growth in marine: AM Best
The rating agency has affirmed A (excellent) rating with a stable outlook to the Hong Kong insurer supported by its very strong balance sheet, strong operating performance and neutral business profile.
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- April 4 2025
Trump’s tariffs on Asia to strain supply chains and regional economies
As markets react negatively, experts warn of potential vulnerabilities, particularly in sectors like specialty insurance and agriculture, highlighting the far-reaching implications of escalating trade tensions.
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- April 3 2025
Prudential names John Cai as Malaysia, Indonesia, Vietnam, and agency CEO
Hong Kong-based Cai's appointment comes as Solmaz Altin, regional CEO for growth markets, health and agency, relocates to Europe.
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- April 3 2025
Sompo appoints Sherlyn Kok as vice president, APAC head of compliance
Singapore-based Kok will lead the regional and local market compliance, reporting to Todd Corey, executive vice president, general counsel, APAC.
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- April 3 2025
Aon Re, Allianz, Howden, Marsh, MS Amlin: 9 APAC insurance people moves of the week
Guy Carpenter, Chubb, Oneglobal, Agile, Wise and Gard also made personnel changes over the last week.
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- April 3 2025
Thailand’s natural disaster risk profile stable after March earthquake: report
As the country, especially the central region, has a very low seismic hazard exposure, Allianz Ayudhya General Insurance said the event did not change the risk profile of the market.
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- April 3 2025
Berkley deal to add US$272m to Mitsui Sumitomo’s earnings: Fitch
No immediate effect on MSI ratings after Berkley stake buy and the merger with Aioi Nissay merger, the rating agency said.
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- April 3 2025
Jewelers Mutual acquires Australian MGA Jewellers Loop
The acquisition of the Sydney-based specialist that covers engagement rings, watches and jewellery is aligned with the US carrier's market expansion outside North America.
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- April 3 2025
Opinion: As changes at the top leave Lloyd’s exposed, does opportunity knock for Asia?
CEO John Neal is leaving this year, but a replacement has not been found, while the market is also getting a new CFO and chairman at the start of May.
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- April 2 2025
Trade credit: Amid trade war, APAC firms must stay agile and ensure adequate protection
The US has implemented a new tariff regime across industries and countries, with import duties being a central aspect of US economic and foreign policy. These measures aim to protect domestic industries from what the US government perceives as unfair trade practices, global excess capacity, and imbalanced trading relationships. The policy includes mainland China, delayed […]
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- April 2 2025
Petronas faces potential US$5m hit from Malaysia pipeline explosion
National energy company’s captive, Energas, provides up to US$18m of cover, IAN understands.
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- April 2 2025
WTW’s James Wong joins Oneglobal as head of client services
Singapore-based Wong will lead insurance broker's general lines of business and establish risk advisory services.
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- April 2 2025
Cyclone Alfred, north Queensland flood losses top US$751m
Insurers have received more than 105,000 claims following the two events at the start of 2025, according to the Insurance Council of Australia.
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- April 2 2025
Allianz Commercial Australia promotes John Whealans to head of broker partnerships
Sydney-based Whealans has been with Allianz since 2020, most recently as a national relationship manager.
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- April 2 2025
Australia MGA Agile hires Liz Geden as senior liability underwriter
Auckland-based Geden was previoulsy a casualty manager and team leader at Delta, where she had worked for over four years.
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- April 2 2025
Gallagher expands in Australia with Tresidder acquisition
Tresidder provides property and casualty brokerage services to commercial and personal lines clients across Australia from offices in Victoria and Queensland.
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- April 2 2025
Buyers make hay at 1.4 as reinsurers seek growth armed with record-high capital
InsuranceAsia News examines key takeaways from the April 1 renewals commentaries by Aon, Gallagher Re and Howden Re.
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- April 1 2025
Allianz Commercial Asia hands Will Slade expanded role as head of portfolio solutions
Singapore-based Slade will assume the new position in addition to his current responsibility as key relationship manager.
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- April 1 2025
Guy Carpenter promotes Stella Geng to head of distribution for APAC
Hong Kong-based Geng was most recently the reinsurance broker's head of climate solutions for Asia Pacific.
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- April 1 2025
Marsh India promotes Riddhiman Kundu
He has been with Marsh for over 10 years, having also worked for ICICI Lombard and ICICI Securities.
