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- February 20 2025
Exclusive: Aon Re loses Asia CEO as trio departs for Gallagher Re
Richard Jones, Kyung Won, and Vinay Ananthanarayanan are set to join Gallagher Re's APAC team in Singapore, IAN can reveal.
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- February 20 2025
Zurich’s APAC P&C business grows, GWP up amid ‘stellar performance’ in FY24
Non-life business' COR also improved, driven by rate and claims management in the motor and health portfolios.
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- February 20 2025
Fusion Specialty’s APAC GWP up 78% in FY24
Lloyd's coverholder premium growth in other markets exceeded expectations, while globally, premiums were up by 49%.
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- February 19 2025
Austbrokers Corporate promotes John Kay to CEO
Kay joined the AUB Group-owned corporate broking specialist in March 2024 as head of general broking and has been serving as acting CEO since October.
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- February 19 2025
Cyclone Zelia losses to be minimal for Australia’s self-insured iron ore miners as key port spared
Mining companies have protective measures, including co-insurance or high deductibles, Crawford's Jonathan Hubbard tells IAN.
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- February 14 2025
Tokio Marine’s international P&C profit up 14.2% to US$2.2bn in Q3 FY24
Strong underwriting performance in key international entities and increases in investment income in North America contributed to the growth.
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- February 14 2025
JB Boda’s Rohit Boda talks India’s ‘win-win’ FDI change, eyeing emerging markets and cyber
In a wide-ranging interview, managing director of the Mumbai-based (re)insurance firm also tells InsuranceAsia News that the broker aims to leverage local talent and address evolving risks driven by climate change and geopolitical factors.
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- February 13 2025
Liberty International Insurance reshuffles APAC team with 3 director promotions
Carrier promotes Michael Abdallah to APAC CUO, elevates John McCabe to president of Australia and hands Vanessa Maher the role of Asia Pacific COO.
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- February 13 2025
IAG’s H1 FY25 underwriting profit up 125% to US$458m, COR improves to 85.2%
Australian insurer’s GWP grew 6% to US$5.3bn driven by strong renewal rates for direct channels in Australia and New Zealand reflecting moderating premium increases and claims inflation.
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- February 12 2025
Samsung Fire & Marine FY24 insurance profit down 6% at US$1.3bn
South Korean carrier's motor insurance COR deteriorated to 98.3% in FY 24 from 96.6% last year, while the P&C business' loss ratio for the period worsened to 64.4% from 61% in FY23.
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- February 12 2025
WTW expands CRB business in Japan with Marsh hire
Kohsuke Komorizono joins as head of risk and analytics, reporting to Roy Nakazawa, head of Japan and corporate risk and broking in the country.
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- February 11 2025
Assurex Global bolsters APAC presence through Huatai partnership
Beijing-based Huatai, majority-owned by China Re, will join the broker's global network of over a hundred independent partners.
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- February 10 2025
Allianz Commercial taps Aon’s Josephine Tam to lead financial lines, cyber in Asia
Singapore-based Tam was most recently regional director for cyber solutions and financial institutions at Aon.
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- February 7 2025
Great Eastern General Insurance Malaysia names Jeremy Yeap as CEO
Yeap succeeds Ng Kok Kheng, who retired at the end of January having served as CEO for 17 years.
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- February 6 2025
KB Insurance income up 17.5% to US$676m in FY24
Long-term was the only line registering growth, while the Korean carrier's general business recorded a US$18.4m loss and its motor line fell 82.2%.
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- February 6 2025
Aon bolsters Pacific M&A and transaction solutions team with new head
Kris Karlsson will be based in Sydney and report to Eden Fletcher, head of specialty solutions, Australia.
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- February 5 2025
Aon promotes Lee Huang Ng to head of Taiwan
Ng will relocate to Taipei and report to head of Greater China Qin Lu after succeeding new head of Hong Kong, Ernest Leung.
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- February 5 2025
GIC Re moves ahead with plan to set up UK subsidiary
Subject to regulatory approval, Indian state-owned reinsurer will incorporate the wholly owned GIC Re, India Service Company.
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- February 5 2025
Northern Queensland floods set for ‘substantial’ losses after once-in-a-century deluge
Loss adjusters expect property and business interruption claims after parts of the region were battered by heavy rain since last week.
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- February 4 2025
Floodgates to open? India lifting FDI limit promises insurance landscape shift
Removing India's foreign investment cap for insurance companies could attract a surge of international capital, according to market experts.
