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- April 13 2022
Zurich’s Malaysia takaful arm promotes head of sales to CEO
Malaysia's takaful market has been growing at a breakneck speed over the past decade.
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- April 13 2022
Tokio Marine’s GCube opens Sydney office
The specialist insurer underwrites renewable energy products -- a fast-growing sector in APAC.
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- April 11 2022
Agriculture exposes China United Property to cat losses: Fitch
Agriculture insurance generated nearly 22% of the insurer’s total premiums in 2021.
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- April 8 2022
China’s Sunshine Insurance makes overseas IPO filing
It's reported the Beijing-headquartered group could raise as much as US$2bn in Hong Kong.
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- April 7 2022
Australia government in u-turn over Queensland’s disaster funding
The federal arm has now agreed to fund half of an extreme weather resilience package.
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- April 7 2022
RenaissanceRe launches global specialty joint venture
The JV called Fontana extends the reinsurer's ILS offering and could bolster its Asia presence.
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- April 6 2022
Q&A: Swiss Re’s Mark Senkevics
Head of P&C underwriting for Asia and ANZ on extreme flooding events in Asia, and how these can be managed going forwards.
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- April 6 2022
Aspen 4711 sees 31.2% premium increase in Asia
Third party liability accounted for 45.3% of the Asian book, whilst reinsurance accounted for 41.5%
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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.