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- June 16 2022
BMS acquires Australia’s SRG Group
The broker's seventh deal in two years will add scale to its Aussie operations.
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- June 15 2022
IAG New Zealand taps Tower for distribution role
Paula ter Brake will start in September and report to chief executive Amanda Whiting.
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- June 14 2022
Macau extends nat cat scheme to black rain: report
The decision comes after heavy rain hit the SAR last week.
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- June 14 2022
Positive winds carry Japan’s P&C majors into Q2
Sompo, Tokio Marine and MS&AD to benefit from fewer claims and higher premiums, if the weather holds.
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- June 13 2022
Tower completes sale of Papua New Guinea subsidiary
Local P&C player Alpha Insurance has bought the book as Tower focuses on other Pacific Islands.
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- June 13 2022
New Zealand secures record NZ$7.2bn EQC reinsurance cover
EQC chief executive said the country is "punching above its weight" on the global stage.
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- June 10 2022
Howden acquires TigerRisk to create global reinsurance player
Howden Tiger will have 450 staff across 30 offices with an APAC footprint.
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- June 10 2022
Allianz Asia Pacific hires COO from Prudential Malaysia
Kim Leng Teh will start the new role from August 1.
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- June 9 2022
Axis Re in Asia shake-up as it quits property and cat risks
Jobs under threat as the reinsurer focuses on A&H and specialty lines.
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- June 8 2022
McLarens promotes BI adjuster in New Zealand
Jia Mostert has previously worked at the EQC.
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- June 7 2022
WTW appoints Asia head of sales, client management
Graham Edwards has also worked at JLT, Marsh and Swiss Re Corporate Solutions in the region.
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- June 7 2022
Taiwan’s P&C capital levels under pressure from Covid claims
The situation shows the danger of underwriting policies for which there is inadequate data.
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- May 20 2022
Kenny Pang returns with CEO role at Asia-Pacific Property & Casualty Insurance
The executive left Tugu's Hong Kong operations in February.
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- May 18 2022
Starr acquires FPG’s Thai operations
The firm will strengthen local product offerings with tailored commercial insurance and A&H cover.
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- May 18 2022
Singapore’s (re)insurance sector looks beyond Covid
Overseas talent has remained in the Lion City although another partial lockdown could derail this.
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- May 17 2022
Raheja QBE and Paytm M&A deal ‘terminated’
The deal to acquire 100% of the company was first signed in the summer of 2020.
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- May 16 2022
Commercial lines give Zurich 11% boost in APAC P&C as rates stay ‘moderate’
Rates at the insurer climbed 3% in Q1, with P&C GWP hitting US$832m.
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- May 12 2022
Howden acquires Singapore’s Aegis Insurance Services
The specialty broker offers PI, liability, pilot loss of license and bonds and financial guarantee schemes.
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- May 12 2022
Aon Hong Kong appoints new CEO: sources
IAN understands the senior insurer executive will join the broker on August 1.
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- May 11 2022
AUB gains Asia, Lloyd’s scale with Tysers deal
Around 17% of Tysers' GWP last year came from Asia as it looks to double headcount in Singapore.