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- May 25 2022
Tokio Marine opens new Canadian unit
The insurer has by far the largest global footprint of any of its Japanese peers.
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- May 24 2022
BMS taps WTW for new chairman in Asia
Ted Hodgkinson will remain with WTW until November in order to help with the transition.
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- May 24 2022
FWD gets go-ahead for Hong Kong IPO: report
The firm still hasn’t decided when to list, but it is expected to do so shortly.
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- May 23 2022
ICA welcomes new Australian government
Labour Party has pledged to provide A$200 million a year for a Disaster Ready Fund.
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- May 20 2022
South Korea’s non-life players see underwriting profit boost
Net profits rose by 72% in 2021 to a record-high of US$3bn in 2021, according to AM Best.
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- May 20 2022
Talent vital to Singapore’s position as insurance hub: MAS chief
Singapore's ability to retain talent took a hit during Covid-19 restrictions.
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- May 20 2022
Beijing Nova Insurance signs deal with Towngas
The firm is an associate of Hong Kong broker Nova Insurance.
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- May 19 2022
Chubb appoints Australia, New Zealand head of distribution
The head of major accounts is starting the role on July 1.
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- May 18 2022
Malaysian insurers predict ‘substantial’ price increases due to floods: study
On average around 10% of economic losses are covered, a new report reveals.
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- May 18 2022
Petronas’ captive rating boosted by favourable COR: AM Best
Energas Insurance has has a five-year average combined operating ratio of 66%.
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- May 17 2022
Marsh appoints new Taiwan CEO
Current chief executive Jerry Mao moves into chairman role.
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- May 17 2022
IRDAI changes reporting rules for foreign reinsurers and Lloyd’s
There are now fewer reporting requirements.
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- May 16 2022
Queensland launches resilience scheme as more floods arrive
The US$500m Resilient Homes Flood is the largest such programme to be launched in Australia.
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- May 13 2022
Peak Re’s David Menezes to succeed Eckart Roth in risk role
CRO Roth is retiring in September after a 30 year career.
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- May 12 2022
Swiss Re to launch another innovation hub in India
The Hyderabad center complements the firm's existing India hub in Bangalore.
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- May 12 2022
Ping An announces launch of China’s first ESG disclosure standards
The new guidelines, which were develop will several others, will help firms assess ESG exposure.
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- May 11 2022
Japan, India lifts Munich Re 1.4 renewals after Aussie flood losses
The German reinsurer lost US$465m from the floods in Q1.
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- May 11 2022
Number of shipping losses in South China falls: AGCS report
One in five shipping losses still come from the region - the highest in the world.
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- May 10 2022
WTW launches product for fishing communities in Melanesia
Fiji and Papua New Guinea face potentially devastating impact from climate change.
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- May 5 2022
Gallagher snaps up Melbourne broker
Woodridge Insurance Services specialises in property, liability, commercial motor and PI.
