Country: Asean Page 1 / 132
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- April 10 2025
US tariffs may slow premium growth in trade-related P&C lines, raise claim costs: Moody’s
Supply chain disruptions and lower trade volumes could significantly reduce insurance demand for certain lines in Asia like marine cargo and credit.
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- April 9 2025
APAC protests, riots in 2024 highest globally: Allianz Commercial
India, Pakistan, South Korea top 10 countries by frequency globally last year, according to a report.
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- April 4 2025
Trump’s tariffs on Asia to strain supply chains and regional economies
As markets react negatively, experts warn of potential vulnerabilities, particularly in sectors like specialty insurance and agriculture, highlighting the far-reaching implications of escalating trade tensions.
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- April 3 2025
Prudential names John Cai as Malaysia, Indonesia, Vietnam, and agency CEO
Hong Kong-based Cai's appointment comes as Solmaz Altin, regional CEO for growth markets, health and agency, relocates to Europe.
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- April 3 2025
Sompo appoints Sherlyn Kok as vice president, APAC head of compliance
Singapore-based Kok will lead the regional and local market compliance, reporting to Todd Corey, executive vice president, general counsel, APAC.
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- April 3 2025
Thailand’s natural disaster risk profile stable after March earthquake: report
As the country, especially the central region, has a very low seismic hazard exposure, Allianz Ayudhya General Insurance said the event did not change the risk profile of the market.
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- 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.
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- April 2 2025
WTW’s James Wong joins Oneglobal as head of client services
Singapore-based Wong will lead insurance broker's general lines of business and establish risk advisory services.
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- April 1 2025
Allianz Commercial Asia hands Will Slade expanded role as head of portfolio solutions
Singapore-based Slade will assume the new position in addition to his current responsibility as key relationship manager.
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- April 1 2025
Thai insurers set to halt free coverage in wake of devastating earthquake
Thai General Insurance Association president Somporn Suebthawilkul says insurers must reassess and adjust their strategies to manage growing risks from natural disasters.
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- April 1 2025
Aon Re names Soeren Soltysiak Asia CEO in regional leadership rejig
Reinsurance solutions also appoints Musa Adlan as MD for Asia and announced new co-heads for L&H, retrocession and a chairman for APAC specialty.
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- 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.
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- 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.
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- March 27 2025
Amid abundant capacity, 1.4 renewals could see double-digit rate drop: Aon’s George Attard
APAC reinsurance solutions CEO tells IAN ahead of key renewals that a continuation of 1.1 dynamics has resulted in a favourable environment for buyers.
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- March 26 2025
Swiss Re CorSo promotes Nupur Sharma to senior property underwriter
Singapore-based Sharma has been with the company for eight and a half years, having previously worked for Allianz Global Corporate & Specialty.
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- March 25 2025
Specialist Risk Group formally launches in APAC with Singapore hub
Business says it will focus on delivering solutions for difficult and hard-to-place risks, with an emphasis on specialty lines and complex P&C.
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- March 25 2025
Everest hands Henry Ang dual PVT, property role
Singapore-based Ang assumes role of head of political violence and terrorism for Asia, as well as property underwriting.
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- March 24 2025
Singapore’s general insurance GWP rises 6.3% to US$8bn in 2024
Underwriting profit, across the domestic and offshore segments, grew 5.6% to US$480m, the General Insurance Association of Singapore said.
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- March 24 2025
Marein sees cat impact on capital as non-life premiums surpass life: Fitch
The rating agency has affirmed the Indonesian reinsurer's rating of AA-(idn) with a stable outlook.
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- March 21 2025
Aon appoints Esther Kim as treaty director
Based in Singapore, she will report to Katy Fairweather, head of global reinsurance clients for Asia, having joined the Korea and regional team.
