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- June 29 2023
Japanese carriers’ domestic underwriting to recover to pre-pandemic levels in FY 2024: Fitch
The average combined ratio of the major Japanese non-life insurers, Tokio Marine, MS&AD, and Sompo, increased by six percentage points year-on-year to 100% in FYE23.
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- June 28 2023
Everest Insurance hires Marsh veteran to head APAC
Sydney-based Scott Leney will oversee business strategy and portfolios both in Asia and the Pacific and report to Everest Insurance International co-heads Adam Clifford and Jason Keen.
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- June 23 2023
RiskPoint bolsters APAC M&A team with ex-AIG hire
Sydney-based Diana Hu joins as underwriting director and will work with Maria Steeples, the MGA’s regional managing director and head of M&A.
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- June 19 2023
DB Insurance acquires Vietnamese carrier Saigon-Hanoi
The acquisition is the Korean insurer's second deal in Vietnam in 2023, following the Vietnam National Aviation Insurance buy in February.
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- June 16 2023
William Song to head MSIG’s Asia strategy and M&A functions
Felicia Er takes over from Song as the Singapore-based carrier’s chief risk officer.
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- June 15 2023
Howden Australia ups its sport and entertainment game with broker hire
The global broker has appointed Ben Hand, most recently a manager at CorpSure Insurance Broking, to lead the team.
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- June 14 2023
Zurich Australia appoints Matt Paterson as chief claims officer
Sydney-based Paterson reports to CEO Justin Delaney and oversees claims functions across GI and life businesses, including New Zealand.
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- June 9 2023
Tokio Marine Indonesia’s 2022 COR at 84%: AM Best
The credit rating agency has affirmed an A- (excellent) rating with a stable outlook for the Indonesian carrier.
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- June 8 2023
QBE joins New Zealand EQC to expand cat insurance programme
The carrier will be the ninth insurer to partner with the earthquake commission when it starts on July 3.
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- June 6 2023
Jerald Leung joins The Hartford as financial lines senior underwriter
Hong Kong-based Leung joins specialty arm Navigators from Starr Insurance, and will report to Ethan Tay, APAC head of financial lines.
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- June 5 2023
Australian cyber specialist Emergence Insurance launches in New Zealand
The MGA's new branch will be led by Fraser Walker, who joins as business development manager from AIG New Zealand.
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