-
- December 12 2024
Exclusive: Rohan Bhappu to take over from Goh Chye Huat as Howden Asia CEO
Bhappu was most recently the chief executive of Marsh McLennan Hong Kong and Macau.
-
- December 12 2024
CFC appoints Michael Lewis as cyber development manager in Australia
Melbourne-based Lewis will diversify broker partnerships and improve cyber conversion for the specialist MGA.
-
- December 11 2024
Future human pandemic could lead to US$13.6trn losses: Lloyd’s
The global economic losses across three severity levels range from US$7.3trn to US$41.7trn, representing a reduction in global GDP between 1.1% and 6.4%.
-
- December 11 2024
Exclusive: Marsh’s Steve Hutchinson to join Howden Hong Kong as chief broking officer
Hutchinson was most recently senior vice president and risk management practice team leader for Marsh in Hong Kong.
-
- December 11 2024
GBA cooperation key to viable climate-related insurance development: HKIA’s Clement Cheung
The Greater Bay Area could help the industry develop innovative products and services for the broader market, the HKIA chief executive said at the Asian Insurance Forum.
-
- December 10 2024
Exclusive: Sedgwick Malaysia TPA lead Erwin Yu leaves following regional leadership rejig
Yu, who joined the loss adjuster in March this year, has left his role of director, service hub, third party administration after the departure of Asia CEO Veronica Grigg.
-
- December 9 2024
Charles Taylor strengthens Australasia presence through associateship with Carter Briggs Hurle
The associateship will support management of large and complex claims across Australia, New Zealand and the Pacific Islands.
-
- December 9 2024
Exclusive: APAC head Simon Weaver to leave WTW
Singapore-based Weaver has been in charge of the broker's corporate risk and broking business for Asia Pacific since January last year.
-
- December 9 2024
Aon elevates Titus Wu as associate director, Hong Kong reinsurance
Wu was most recently retrocession broker, Greater China for the firm.
-
- December 9 2024
Fairfax-owned Singapore Re’s operating performance supported by prudent underwriting
The rating agency has affirmed the financial strength rating of A (excellent) and the long-term issuer credit rating of “a” (excellent) for the reinsurer with stable outlook.
-
- December 9 2024
Investment income key profitability driver for China Taiping Hong Kong: AM Best
AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (excellent) for China Taiping Insurance (HK) with a stable outlook.
-
- December 5 2024
Malaysia’s floods trigger surge in home and commercial property claims
The event has also led to significant agricultural and infrastructure losses estimated at US$224m and affected hundreds of thousands of households.
-
- December 5 2024
Generali to exit Philippines life insurance business
Insular Life Assurance Company will buy the Italian carrier's unit, with completion expected by H1 2025.
-
- December 4 2024
CFC’s Luke Blayney joins Fusion Specialty as senior partner for APAC
Blayney, who was most recently transaction liability senior underwriter with CFC in London, has relocated to Sydney for the role.
-
- December 4 2024
India’s plan to relax FDI cap sparks mixed reactions
While some praise the potential for growth, others express doubts about the bill’s passage and its impact on local carriers.
-
- December 3 2024
Gallagher Australia acquires transport specialist Hann Insurance Brokers
The New South Wales based broker's MD Rhett Hann and his team will join the global broking group's Newcastle office.
-
- December 3 2024
The industry has to be nimble in dealing with climate risks: Swiss Re’s Lubomir Varbanov
The key challenge and opportunity for the market is the need for multilateral development banks to adapt to evolving risks, particularly those related to climate change.
-
- December 3 2024
Exclusive: Charlotte Lau leaves Sedgwick following Asia CEO switch
Last Friday, the loss adjuster announced that Stephen Kerr will take over the role of Asia CEO from Veronica Grigg.
-
- December 2 2024
Allianz Australia acquires RAA’s general business for US$415m
Allianz will underwrite the carrier's general insurance policies excluding travel and manage product, pricing and claims while RAA will handle marketing and distribution and continue offering products and services under its brand.
-
- December 2 2024
Thomas Miller expands energy MGA Navata to Singapore
The new operation will be led by senior underwriter Mark Nunn and focus on a diverse range of renewable energy, power, upstream oil & gas and offshore marine hull and equipment risks across the Asia Pacific region.
