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- December 16 2021
Japan summer rainfall claims surpass US$400m: GIAJ
A previous estimate in September was around US$300m lower than the latest figure.
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- December 15 2021
Manulife appoints Carrie Tong to lead Macau operation
The new role comes in addition to her existing position as chief strategy officer for Hong Kong and Macau.
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- December 15 2021
Suncorp’s premium growth offsets high nat cat costs: Fitch
The Australian giant has had an average combined ratio of 94% over the past three years.
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- December 15 2021
IAG’s Hawkins to become next ICA president
IAG chief executive to replace QBE's Sue Houghton atop the Insurance Council of Australia in January.
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- December 13 2021
China Taiping (HK) to maintain market position: AM Best
The SAR's third largest P&C player saw premiums expand in 2020 driven by motor and A&H.
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- December 13 2021
Late October Australia storm cost insurers US$740m: Perils
For the state of South Australia the event could be one of the costliest natural catastrophes ever.
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- December 8 2021
An alternative way to weather the hard market
Captives and parametric cover are examples of innovative solutions.
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- December 8 2021
WTW taps AIG exec for Australasia growth role
Kishan Dashan handed construction and natural resources remit starting December 13 in Melbourne.
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- December 7 2021
FWD GI gets outlook upgrade
Fitch report says the Hong Kong P&C player plans to expand its device protection retrocession business.
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- December 3 2021
Hong Kong’s Bank of East Asia eyes Blue Cross sale — report
A potential transaction could be worth as much as US$400m for the general insurer.
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- December 3 2021
Labuan’s captive market shows strong growth
Buoyed by the hard market, Labuan recorded US$71m in premiums and approved 18 new captives by the end of Q3 2021.
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- December 3 2021
Malaysia’s Lonpac gets lockdown boost: AM Best
Movement restrictions during the pandemic led to lower loss ratios for some business lines.
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- December 2 2021
China tightens risk management for insurance groups
The CBIRC said the new rules are in line with international practices.
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- December 2 2021
Chubb makes Singapore senior personal lines appointment
Tulio Puente will report to Scott Simpson, country president for Chubb in Singapore.
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- December 2 2021
Indonesia’s Tugu ‘dominates’ energy, aviation and marine: AM Best
The company has "high reinsurance usage" to support the underwriting of large commercial risks.
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- December 2 2021
Cyclone claims to rise unless house designs improve: ICA
New report says construction methods need updating amid an evolving climate change threat.
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- December 2 2021
McLarens expands Asia team with senior appointments
The loss adjuster appoints Kevin Yu and Yee-Su Tsai to lead operations in China and Taiwan.
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- December 2 2021
AIA appoints former Sun Life president as Asia chief
Leo Grepin will also lead group strategy and corporate development effective January 3.
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- December 1 2021
Gallagher closes Willis Re deal
The US$3.25bn acquisition will give the US broker a significantly expanded APAC reinsurance footprint.
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- December 1 2021
Howden acquires specialty HK broker Expat Marine
The firm is also a Lloyd’s coverholder and focuses on fine art, yachts and pleasure craft protection.
