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- July 1 2022
Philippine Crop Insurance placed under close regulatory supervision
PCIC was found to be “very exposed to catastrophe losses which are not reinsured.”
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- July 1 2022
China’s Henan province launches pilot cat scheme
Local government wants to boost protection in six cities after dramatic floods last year.
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- July 1 2022
Mixed reaction to Australia’s cyclone pool modelling data
There are potential premium savings of 38%, but up to 24% of Queensland homeowner policyholders could see rises.
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- June 30 2022
Tobias Frenz becomes Munich Re’s Singapore CEO as James Park departs
In addition Surbhi Goel has been given a wider P&C remit at the reinsurer.
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- June 30 2022
Asian firms register privacy breach as top cyber concern: Marsh
Data shows there is a lack of cybersecurity risk controls in place.
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- June 30 2022
Sanctions could shift more marine premiums to Asia
The ongoing Ukraine conflict could see more hull and cargo underwriting activity transferred to the region.
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- June 30 2022
Malaysia’s regulator approves Liberty’s purchase of AmGeneral
The P&C deal is set to be formally completed next month and signals IAG's exit from the country.
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- June 29 2022
Acrisure Re signs India fac partnership with Mahindra Insurance Brokers
The deal will help Acrisure expand in India and Mahindra to access global markets.
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- June 29 2022
China Taiping Insurance appoints Singapore CEO
Zhang Zhongyi replaces Yang Yamei who has been assigned a group position.
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- June 29 2022
Thailand’s new cannabis rules attract capacity
MGA Frontier sees D&O opportunity amid thousands of license applications to grow as a cash crop.
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- June 29 2022
Australia’s Feb, March floods now third costliest nat cat: ICA
The floods in Queensland and New South Wales have caused over US$3.3bn of insured losses.
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- June 28 2022
Sompo makes coal underwriting pledge and joins Net-Zero Insurance Alliance
The insurer commits to ruling out underwriting and investment in certain coal companies by 2025.
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- June 28 2022
The London P&I Club appoints Deborah Yu as Hong Kong manager
Fiona Pounds to become deputy general manager amid four other appointments.
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- June 28 2022
MSIG charts new Asia financial lines, cyber course
Digital key to insurer's regional SME push beyond Hong Kong and Singapore post Dual.
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- June 28 2022
Garry Xue to join Munich Re for Asia client role
Former PartnerRe and Swiss Re exec has over 15 years of experience in the life and health market.
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- June 27 2022
Lee Garvey to lead WTW’s APAC financial solutions team
Based in Singapore, he is adding the role to his Australasia remit on July 1.
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- June 27 2022
Suncorp confirms ‘strategic’ review of banking operations
A sale or listing would let the company focus on insurance across Australia and New Zealand.
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- June 27 2022
Lower commission boosts PICC HK 2021 underwriting: AM Best
The insurer has been expanding its inward reinsurance business.
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- June 27 2022
Australia’s first data breach case puts pressure on cyber market
First conviction for breach of cyber security standards comes amid challenging market.
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- June 27 2022
Former Swiss Re exec joins Generali Asia for commercial role
The exec has become Asia regional head of SME and commercial lines at Generali.