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- September 15 2023
Lockton names Piers Hughes Asia head of reinsurance
Hughes, who started in the role on September 13, will continue to be based in Singapore and report to Warren Merritt, regional CEO - Asia Pacific.
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- September 11 2023
Chubb elevates Nelson Turk to Thailand head of P&C
In his new role, Bangkok-based Turk will lead the carrier's growing portfolio in the country.
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- September 11 2023
US sanctions jet-fuel shipments to Myanmar: IGP&I
While restrictions apply only to fuel for military purposes, in practice, it may be impossible to prove that shipments are only for civil aviation, which may lead to exclusions in P&I cover.
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- September 11 2023
Allianz Trade names Imran Khan as India country manager
Mumbai-based Khan will manage credit risk of Allianz Trade's clients in India and work closely with broker partners in the country.
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- September 7 2023
Chubb Singapore’s Jerry Ng to lead consumer and bancassurance, Eric Kwan handed distribution role
Both Ng and Kwan will report to Hng Keng Yoong, GI country president for Chubb, in their expanded roles.
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- September 6 2023
‘Little-known’ insurers likely stepping in to provide dark fleet cover: sources
While it is legal to provide insurance to Russian oil shipments despite sanctions, the question is do these insurers have reserves to pay for catastrophic events.
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- September 5 2023
BHSI makes Edwin Sim executive & professional lines head in Singapore
Sim will report to Scotland Walsh-Riddle, BHSI's Hong Kong-based regional head of executive & professional lines.
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- September 1 2023
IAG may face class action suit over ‘loyalty tax’ on home insurance renewals
Collective action specialist firm Slater and Gordon has started an investigation into the alleged pricing misconduct by the insurer's subsidiaries.
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- September 1 2023
Gallagher hires Australia head of climate and sustainability from Marsh
Sophie Griffin will be responsible for leading Gallagher's efforts to help clients mitigate and adapt to climate change risks and achieve their sustainability goals.
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- August 30 2023
Sompo International hires Canopius’ Vicky Sarjeant to head APAC energy
Sarjeant will continue to be based in Singapore and report to Paul O’Neill, president of commercial lines, insurance, Asia Pacific.
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- August 30 2023
Starr International names Sean Chen as Singapore CEO
The experienced underwriter will report to APAC president Phil Finley who has relocated to Bangkok to oversee the firm's Thai operations.
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- August 29 2023
ZhongAn P&C reports 46% underwriting profit jump as COR improves to 95.8%
The insurer, which returned to profit after a loss in H1 2022, saw total GWP for H1 2023 reach US$2bn, an increase of 37.5%.
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- August 29 2023
Asia’s W&I market goes through MGA shift
The global MGAs could bring fiercer competition leading to lower rates and broader terms, arguably without a full understanding of the regional differences in risk.
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- August 24 2023
Seoul Guarantee Insurance passes Korea Stock Exchange IPO screening
The initial public offering, the first by a Korean state-owned company in 13 years, is expected to be completed by the end of October this year.
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- August 23 2023
Chinese insurers paid US$625m in claims from Typhoon Doksuri, floods: report
The 16 rain-hit provinces reported 269,300 insurance claims from the three days of rains that hit parts of the country including Beijing and Hebei.
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- August 23 2023
Political violence market on guard over Taiwan tensions
While some carriers are excluding Taiwan completely, most have been sub-limiting exposure to US$10–25m in the aggregate.
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- August 23 2023
BHSI appoints senior underwriter – mining & energy in Sydney
Jonathan Hawkins was most recently property manager - mid-market for New South Wales at BHSI.
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- August 18 2023
Axa XL’s Ewen McKay to head international financial lines for Australia
Sydney-based McCay was most recently product leader - management liability for the French carrier.
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- August 16 2023
Sompo International eyes ‘wholesale’ route for APAC commercial lines growth
The carrier is exploring new markets and industries such as renewables and semiconductors, and is planning to double the wholesale team.
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- August 16 2023
DB Insurance underwriting profit drops 2.4% to US$681m
The carrier's direct written premiums increase 6.6% year-on-year to KRW8.4tn in the first half of 2023.
