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- March 10 2022
Electric car insurance: profitability concerns persist
As a new dawn greets Asia’s motor industry, a dearth of data presents underwriting challenges.
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- March 9 2022
Lockton (re)insurance arm targets Australia, NZ with former Willis Re execs
John Philipsz, Russell Hails and Max Garratt have joined the broker's advisory team in Sydney.
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- March 9 2022
Covid exposure hurting Thai insurers
Exposure to the policies caused several insurers to collapse even before Omicron hit in January.
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- March 9 2022
Matt Cannock joins Latitude Brokers, Singapore amid leadership shake-up
He becomes managing director, as partners Tom Fulford-Smith and Charles D’Alton to leave June 1.
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- March 9 2022
Flood claims estimate tops US$1bn: ICA
The ICA is working with authorities to expedite visas for recovery personnel deployed overseas.
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- March 9 2022
India privacy law to hit cyber, D&O policies
The need to comply with new rules will increase company exposure to data breaches.
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- March 8 2022
MGA Fusion bolsters M&A with Singapore, Sydney and HK hires
Danielle Eliatamby, Lillian Chau and Sabrina Chia all have law firm backgrounds.
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- March 8 2022
PICC Hong Kong gains Macau licence approval
The move comes close on the heels of Lockton's decision to set up in the enclave.
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- March 8 2022
Howden M&A hires from Marsh in Singapore, relocates W&I exec to HK
The APAC moves come amid surging demand for M&A policies and growth in regional deals.
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- March 8 2022
Political risk market hardens in Asia amid Ukraine invasion
Russian invasion adds to stresses that were already building amid rising inflation.
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- March 8 2022
Ensurance Australia signs professional risks deal with Liberty Specialty
The three year agreement for delegated underwriting authority runs from March 16.
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- March 7 2022
Insurers continue to count cost of Australia’s floods
Filed claims now at more than 86,700, according to March 7 data from the ICA.
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- March 7 2022
Covid-19 provisioning helps Hollard’s results: AM Best
Hollard’s purchase of CommInsure is expected to complete in the second half of 2022.
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- March 7 2022
AIA and BEA form GI partnership off back of Blue Cross sale
AIA will provide insurance solutions, including health insurance, to BEA’s customers in Hong Kong.
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- March 4 2022
MSIG Asia’s Clemens Philippi to succeed Alan Wilson as CEO
The handover in Singapore will be on April 1 with Wilson set to continue in other company roles.
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- March 4 2022
IAG hit with fresh lawsuits over Greensill collapse
New lawsuits bring amount claimed to an estimated US$218m.
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- March 4 2022
Flood claims in Queensland, NSW above US$650m: ICA
Over 60,000 claims have already been filed as the emergency continues.
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- March 4 2022
Rivals circle Axa’s S$150m motor business
After HSBC purchase, without a new bancassurance partner, competitors sense opportunity in the Lion City.
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- March 3 2022
FMG supported by pricing strategy, investment returns: AM Best
The rural insurer had positive underwriting results in the first nine months of FY 2022.
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- March 3 2022
Ukraine invasion heightens marine risk in Asia
Evolving sanctions and snap decisions by global giants mean (re)insurers are assessing their risks hourly.