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Found 12854 Results
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- April 7 2025
Japanese insurers set for excess capital boost to lift overseas expansion: AM Best
Business improvement orders from Japan’s Financial Services Agency expected to accelerate sale of their strategic equity holdings, according to the global rating agency.
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- April 7 2025
Tom Burrell departs Marsh UK for Pacific M&A role
He takes up the role of head of private equity mergers and acquisitions for the region based in Sydney.
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- April 7 2025
Tokio Marine to net US$1.2bn from Mitsubishi share buyback
TMNF plans to tender its entire holding in the conglomerate as part of the Japanese insurer's plan to divest cross-holdings.
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- April 7 2025
New cyber liability ‘risk is real’ for Australian insurers after privacy law change
Cyber Security Act, accompanied by the Privacy and Other Legislation Amendment Bill 2024, has increased the companies' responsibilities around cybersecurity, law firms say.
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- April 6 2025
Kiwi regulator files civil proceedings against IAG pricing misconduct
Approximately 269,000 customers were affected, resulting in overcharges of approximately US$20m.
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- April 6 2025
Sedgwick appoints Ryan Brennan as head of digital first
Sydney-based Brennan will lead the design and delivery of the loss adjuster's next-generation digital-first claims platform.
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- April 6 2025
Full capacity: Reinsurance capital: burden of plenty
In the latest issue of our Full Capacity newsletter, we look at Trump's tariffs, Australian cat claims, north Asian wildfires as well as our weekly roundup of people moves.
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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.
