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- September 5 2022
Chubb’s David Morrow relocates to New Zealand as head of P&C
The former head of Japan P&C is also responsible for financial lines in his new role.
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- September 2 2022
Guy Carpenter signs up Les Loh for South-East Asia, Korea role
The former Axis Re Asia Pacific president will join the broker in October.
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- September 2 2022
William Pang takes reins at Asia Reinsurance Brokers
Richard Austen, who has been at the helm since 2000, takes up executive chairman role.
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- September 1 2022
Hong Kong’s H1 GI underwriting profits rocket 134%
Reinsurance underwriting profit climbed from US$4.7m in H1 2021 to US$98.6m.
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- August 31 2022
Generali unveils Malaysia CEOs after JV deals complete
Fabrice Benard will head Axa Affin General Insurance while Rebecca Tan will lead the life JV.
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- August 31 2022
Everest Re recruits Chubb veteran to boost ‘critical’ APAC region
Kevin Bogardus, former president of Chubb Singapore, tasked with building client and broker relationships.
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- August 30 2022
Generali consolidates Malaysian presence after Axa JV buyout
The group now owns 53% of Axa Affin GI and 100% of MPI Generali Insurans and plans to merge them.
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- August 30 2022
China Taiping’s domestic P&C arm sees H1 COR improve to 98.8%
Taiping Re's P&C division fell to an underwriting loss of US$21m.
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- August 29 2022
Asian fine art insurance market shakes off pandemic blues
As insurers grow their teams in the region, the shift to online auctions has created new kinds of risks.
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- August 26 2022
Australia’s P&C underwriting profits rose 328% on back of reinsurance recoveries: APRA
Net incurred claims fell 5.1% to US$18.2bn for the year ending June 30.
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- August 26 2022
QBE veteran to take reins at 360 Underwriting Australia
Jason Clarke is set to join as CEO at the Lloyd's coverholder and specialty MGA in November.
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- August 26 2022
Tune Protect sees strong H1 premium growth but losses widen
Covid claims at its Thai subsidiary drove up total claims to US$10.7m.
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- August 24 2022
PSC agrees US$5.4m Hong Kong broker deal; posts 30% EBITDA growth
Underlying revenue in FY 2022 grew 22.8% to US$175.4m including 13% of organic growth.
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- August 24 2022
Japan infrastructure spending set to spur property GWP growth
The country's general insurance market set to reach US$133bn in 2026, GlobalData forecasts.
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- August 23 2022
Ping An’s H1 P&C combined ratio deteriorates to 97.3%
The operating profit for the segment fell 22.3% to US$1.2bn.
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- August 23 2022
Specialty MGA Delta handed favourable AM Best review
Delta is one of the first MGAs to be reviewed by a rating agency.
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- August 23 2022
Marsh’s new hydrogen facility will place Asia risks
The collaboration with AIG and Liberty provides US$300m cover per risk for construction and start-up phases.
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- August 22 2022
Andrew Bicknell’s Singapore return boosts Clyde & Co’s energy and marine team
The move follows the promotion of city-based (re)insurance dispute resolution specialist Vanessa Lim.
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- August 22 2022
‘Significant’ volume of claims expected from NZ flooding: McLarens
'Landslides, road closures, wastewater overflows and water supply challenges reported across South Island'.
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- August 19 2022
ADB signs US$1bn capacity deal with Tokio Marine, Chubb, Liberty, Allianz and Axa XL
The three-year agreement transfers credit risk from the bank's portfolio to the insurers’ balance sheets.