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- April 6 2022
New South Wales launches flood inquiry
The recent flooding has been some of the worst in the state's history.
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- April 5 2022
Tokio Marine: Greensill policies were ‘void from inception’
The Japanese insurer says that it will vigorously defend any claims relating to the supply chain financial firm.
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- April 5 2022
Sedgwick-owned EFI Global appoints Asia director
Andy Choo joins in Singapore as a director of engineering and forensic investigation services.
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- April 4 2022
No deal agreed with Tysers: AUB Group
M&A discussions haven't led to a transaction being agreed on acceptable terms, AUB said.
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- April 4 2022
Australia P&C renewals to be ‘tougher’ as cats bite: AM Best
Insurers usually buy cat excess-of-loss reinsurance with a limit above an expected 1-in-200-year loss.
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- April 4 2022
Evergreen declares general average for stricken Ever Forward
The firm has hired adjuster Richards Hogg Lindley as it seeks to free the Hong Kong-owned vessel.
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- April 4 2022
Thailand revokes licenses for two P&C players: report
The government is taking a more proactive approach to helping claims get paid.
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- April 1 2022
P&C players well placed as Japan steps up capital demands: Moody’s
The rating agency notes transparency, diversification and public scrutiny has helped.
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- March 31 2022
Only 11% of Asia flood losses insured in 2021: Swiss Re
Between 2011 and 2020, economic losses from regional flooding have averaged US$30bn annually.
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- March 31 2022
Cyclone reinsurance pool legislation passes in Australia
ICA urges details about the impact on premiums to be released.
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- March 30 2022
TigerRisk enters Australia, the Pacific
The global reinsurance broker has hired veteran Simon Chandler.
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- March 29 2022
Losses expected as Thai oil tanker explodes
The Ampar 8 was built in 2007 and is owned by Ayudhya Development Leasing.
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- March 28 2022
ICA calls for Australia cyber market overhaul
A new whitepaper calls for businesses, insurers and government to do more to promote sector.
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- March 28 2022
South Korea non-life net profits increased 65.2% in 2021
As profits hit US$3.53bn, premiums climbed a more modest 2%.
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- March 25 2022
Aon-COFCO appoints Dai Jia as general manager
Dai will succeed Clare Wu, who is to retire from the Chinese joint venture.
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- March 25 2022
Liberty Specialty appoints Asia head of casualty, professional risks
Singapore-based Ann Dang has been promoted.
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- March 25 2022
2021 NSW and Queensland flood loss downgraded to US$515m: Perils
The data specialist had expected in September that the event would cost the market US$562m.
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- March 23 2022
Major Australia BI decisions appealed to High Court
The ICA says it understands the need for "definitive guidance".
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- March 22 2022
Thai regulator issues demands on two Covid-hit P&C players
Southeast Insurance and Thai Insurance are trying to wind down their troubled portfolios.
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- March 21 2022
Berkley Insurance Asia bolsters financial lines team
The former Dual Asia underwriter is based in Singapore and joins a team of six.