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- November 3 2023
Roshan Perera to lead Gallagher Re APAC strategic solutions
Prior to joining Gallagher Re last year, Perera had spent over 12 years with consultancy firm consultant NMG Consulting.
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- November 3 2023
KB Insurance improving profitability, investment returns: AM Best
AM Best has affirmed its rating of A (excellent) with a stable outlook, citing the firm’s strong balance sheet, adequate operating performance, neutral business profile and parent support.
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- November 3 2023
Howden snaps up Perth broker Unicorn Risk Solutions
The London-based broker had picked up minority interest in this business late last year and decided to fully acquire after it "delivered significant benefits".
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- November 3 2023
SIRC: Much more to be done to convince capital markets — Peak Re’s Hahn
Franz-Josef Hahn, the reinsurer's CEO, and Jasmine Miow, director of South Asia and SE Asia, spoke to IAN on nat cats, ILS, Asia's rising middle class and professional lines.
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- November 2 2023
Zurich enters India with US$488m deal for majority stake of Kotak General Insurance
The 51% stake will increase by 19% "over time" in a market that Zurich APAC CEO Tulsi Naidu describes as "one of the world's most important".
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- November 2 2023
AUB-owned Tysers to settle US Department of Justice probe for US$47m
The matter related to Integro Insurance Brokers and the conduct of business in Ecuador between 2013 and 2017.
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- November 2 2023
FM Global names Ziad Tadmoury as executive VP to oversee APAC
The current manager of the mid-market division will oversee APAC, EMEA, Canada and specialty from January.
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- November 2 2023
Climate risks are key threat for the industry: SIRC panel
Reinsurers, insurers and brokers need to help clients monitor and adapt as the climate in APAC changes fast and losses add up
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- November 2 2023
South-East Asian non-property lines ripe for substantive growth
Peak Re’s South and South-East Asia director, Jasmine Miow, on growing specialty and casualty opportunities in the region
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- November 2 2023
Korea sees more demand for global reinsurance capacity as markets harden
Ramon Korea president Kwi Young Maeng discusses emerging trends in the Korean insurance market
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- November 2 2023
IUA’s Matcham: Singapore on cusp of digital transformation
The city is now considered a global hub having cornered a share of London-bound businesses, Japanese renewals and a fast growing marine business, says Dave Matcham
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- November 2 2023
Cedents will have no trouble securing capacity in 1.1, says Malaysian Re CEO
Ahmad Noor Azhari Abdul Manaf, president & chief executive, offers insights into renewals in the region
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- November 2 2023
Stricter terms make cedents move from pro rata treaty to gross XL while renewals to be more ‘orderly’: Aspen Re
The move away from pro rata means cedents can benefit from a good underwriting year, says Aspen Re’s Tay Boon Chuan
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- November 2 2023
SIRC: Asia’s PV and terrorism market faces second overhaul at 1.1 renewals
Reinsurance prices are going up and attachment points are changing, says Axa XL's Mark Houghton, with demand coming from banks, export credit agencies and government multilateral initiatives.
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- November 2 2023
SIRC: Expert panel urges more action on climate change in APAC during record year
Reinsurers, insurers and brokers need to help clients monitor and adapt as the climate in the region changes fast and losses pile up.
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- November 1 2023
QBE exits Papua New Guinea market
The Australian insurer divested its subsidiary to Alpha Insurance.
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- November 1 2023
Changing risk landscape demands contractual solutions
Deutsche Rück’s Tarik Aouad says terms and conditions are improving to align interests of cedents and reinsurers
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- November 1 2023
Renewables, underinsurance, nat cats and cyber risks are reinsurance’s APAC focal point: CEO roundtable
While there is still uncertainty, the APAC market is moving towards adequacy in price, terms and conditions, say chief executives from Swiss Re, Munich Re and Axa XL
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- November 1 2023
More pricing is needed in key perils contracts to account for further nat cat loss activity: Scor
Contract wordings and adequate treaty retentions will be in focus in January 1 renewals, says CUO David Johnstone
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- November 1 2023
Floodbase and Ag Guard tie-up for parametric agri cover in Australia and New Zealand
The products are scheduled to be available in 2024 and will offer region-specific pricing that trigger payouts automatically when flooding exceeds predetermined thresholds.
