-
- June 22 2023
Analytics: Hong Kong and China P&C players’ underwriting margins squeezed
Carriers are under pressure as reinsurance costs rise, however, at 10% coverage for the top 15 Chinese insurers, there is plenty of room to grow.
-
- May 11 2023
Berkley Insurance Asia promotes Owen Yin and Jack Zhao in China
Yin has been named Asia technical lead, casualty lines, and Zhao as Asia technical lead, life sciences.
-
- March 24 2023
Lloyd’s Asia GWP growth ‘in line’ with global figure of 19%
Iain Ferguson, Lloyd’s regional director APAC, Middle East & Africa, said FY 2022 expansion had been driven by specialist classes, property, financial lines and treaty.
-
- March 23 2023
Cyclone Gabrielle claims reach US$558m: ICNZ
Hawke's Bay accounts for more than half of the total value at US$302m despite having a third of the total 40,000 claims.
-
- March 22 2023
Lockton Australia hires from Marsh for national key partnerships role
Allison Emery was previously Marsh's head of portfolio solutions, general lines for Australia and New Zealand.
-
- March 21 2023
Exclusive: Owen Belman set to leave Aon in June
The Singapore-based exec has been Asia CEO since January 2020 and has previously led the broker's Greater China and North Asia operations.
-
- March 20 2023
UBS takeover of Credit Suisse to have ‘minimal’ impact on Hong Kong market: HKIA
As share prices fall, the regulator said that insurers in the SAR seldom place deposits with Credit Suisse, or hold bonds and derivatives issued by the bank.
-
- March 16 2023
Honan snaps up New Zealand’s Certus Insurance Brokers
Certus has 15 employees operating across offices in central and regional Auckland and is part of the NZbrokers network.
-
- March 15 2023
Claims pile up from Malaysia flood losses as unseasonal rains continue
Loss adjusters have seen hundreds of claims, while agriculture damage already exceeds the overall losses in the state of Johor for 2022.
-
- March 15 2023
Generali Asia P&C combined ratio improves to 99%
The carrier's Asia P&C gross written premium was up 16% on a "like for like basis" in FY 2022.
-
- March 14 2023
Michael Di Veroli named head of newly formed Epsilon specialty division
The experienced market exec will work across property, parametric, construction and liability product classes.
-
- March 13 2023
Fac broker Reggie Choo to join Miller in Singapore
Choo joins Miller from Bowring Marsh at a time when facultative (re)insurance becomes increasingly in demand in Asia.
-
- March 10 2023
Coherent cuts around 20 roles in Hong Kong
IAN understands that Leong Chew, the insurtech's managing director, actuarial and advisory, was one of those made redundant.
-
- March 10 2023
Hannover Re’s 2022 APAC P&C combined ratio surges to 126.1%
The German reinsurer was hit by floods in Australia and Malaysia, typhoons in Japan and South Korea and Covid losses in Taiwan and Thailand.
-
- March 9 2023
Asta kicks off Asia expansion
IAN first revealed the plans of the Davies Group-owned Lloyd's third-party managing agent in October.
-
- March 9 2023
Delta Insurance New Zealand and Delta Property to merge
Delta Property MD Andrew Beaton is set to become CEO of Delta Insurance New Zealand under the new structure.
-
- March 9 2023
Gallagher hires North Asia head of construction and energy
Hong Kong-based Mark Chan was most recently doing a similar role at broker Oneglobal.
-
- March 8 2023
Japan windstorm hardening in 1.4 renewals spotlight
Pressure across the reinsurance market is delaying negotiations and could push up some rates 20-30%.
-
- March 6 2023
Ping An on the line for Hong Kong skyscraper fire set to cost over US$50m: sources
A blaze at an under-construction luxury hotel, which IAN understands is brokered by WTW, could be the highest property-related insurance payout in the city.
-
- March 3 2023
Lexasure plans regional (re)insurance expansion after US$250m SPAC deal
The group, which owns broker Acurra International, Front Street Re and the Archipelago Group, is expected to start trading on Nasdaq later this year.
