-
- April 17 2025
Exclusive: McLarens takes Integra’s Torben Bell as Australia MD
Melbourne-based Bell is currently managing director for Australia and New Zealand and executive loss adjuster for Integra.
-
- April 17 2025
Cyclone Errol intensifies to category 4 as it heads for northwest Australia
The Australian Reinsurance Pool Corporation declared a cyclone event on Wednesday evening.
-
- April 17 2025
Exclusive: Integra regional MD Tony Chapman to join Crawford
Singapore-based Chapman will start in a newly created role as head of global technical services for Asia in May, IAN understands.
-
- April 16 2025
A month in, Australian insurers face ‘a lot of work’ adapting to FAR’s increased accountability
Financial Accountability Regime (FAR) requires insurers to map their organisations, responsibilities, and remuneration structure, while the upcoming merger control reforms aim to protect competition in the market.
-
- April 15 2025
Peak Re takes China Re’s Claudia Chong as vice president
New role spans multiline treaty underwriting, contract wordings review, treaty structure solutions, data analytics and pricing.
-
- April 15 2025
Aon expands Asia M&A and transaction solutions team with director hire
Singapore-based Cindy Yeo joins the team led by Xianwei Lee as director of transaction solutions for Asia.
-
- April 15 2025
Emerging ‘silent AI’ risk on underwriters’ minds, poised to trigger finpro liability claims
As businesses increasingly integrate AI technologies, insurers face the challenge of unintentional coverage gaps, reminiscent of ‘silent cyber’.
-
- April 14 2025
Generali GC&C taps Tokio Marine Asia’s deputy CEO as global head amid major restructure
Philippe Vezio relocates to Milan having spent the last six years in Singapore.
-
- April 14 2025
NFRA introduces updated insurance consolidation rules
Companies will have to focus on preventing risks that can spread within the group, separate risks and prevent issues like capital duplication and excessive borrowing.
-
- April 9 2025
HDI promotes James Guardino to underwriting manager for APAC political, credit risk
Singapore-based Guardino was most recently senior underwriter for the line at the industrial insurer.
-
- April 7 2025
Munich Re’s Shashank Kaushik joins Bajaj Allianz as head of technical for agri business
Pune-based Shashank was most recently senior underwriter for the reinsurer, focused on key clients across APAC and Africa.
-
- April 2 2025
Petronas faces potential US$5m hit from Malaysia pipeline explosion
National energy company’s captive, Energas, provides up to US$18m of cover, IAN understands.
-
- April 1 2025
Chubb promotes senior Hong Kong trio
Patrick Wong assumes role of head of global client executive, with Queency Chau and Barry Yu also promoted.
-
- April 1 2025
‘Welcome reprieve for buyers’ at 1.4, Japan cat XoL rates down 10-15%: Howden Re
Risk-adjusted rate reductions in Asia Pacific and varied specialty renewal outcomes reflect ‘hard market softening’ at April 1, the broker said in its post-renewal report.
-
- March 31 2025
MS Amlin expands in Australia with Sydney office, appoints head of ANZ
New office will be led by Matt Botfield, who joins carrier from Aon.
-
- March 31 2025
China Re’s P&C net profit up 69% to US$716m, COR deteriorates to 99.86%
Net profit from domestic primary P&C insurance business quadruples to US$206m.
-
- March 31 2025
Myanmar’s protection gap exposed as 7.7-magnitude earthquake death toll tops 1,600
The financial burden from the damage to buildings, airports, roads and bridges, is likely to fall on businesses and the government as insurance penetration in the country remains very low.
-
- March 28 2025
7.7-magnitude earthquake rocks Myanmar, leads to road and property damage in Bangkok
Earthquake also shook buildings and triggered evacuations in neighbouring Vietnam and southwest Yunnan province in China.
-
- March 28 2025
PICC P&C FY24 underwriting profit drops by 43.9% to US$759m
COR deteriorated from 97.8% to 98.8% due to the impact of severe disasters and accidents, as well as the rise in cost of debt following a decrease in the discount rate.
-
- March 28 2025
Exclusive: AIG’s Vivian Chow set to join Berkley Insurance Asia in Hong Kong
Chow was most recently regional construction professional indemnity manager at AIG.