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- June 5 2025
Specialty MGA Rokstone drops anchor in Singapore with QBE’s Rama Chandran at helm
Backed by a multi-year, US$25m Lloyd’s capacity, the London-based (re)insurer's Asian business is expected to underwrite all marine classes.
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- June 4 2025
Bolttech closes US$147m series C fundraise from Sumitomo, Iberis Capital
Japanese trading house also enters JV with the insurtech to deliver embedded insurance programmes.
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- June 3 2025
Howden Specialty adds Marsh’s HuiLeng Tan to APAC power, renewables team
She had spent the last 10 and a half years with Marsh.
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- June 2 2025
Lockton taps Aon’s Darryl Lee as head of professional, executive risk
Singapore-based Lee previously worked at Aon for almost eight years, most recently as associate director for financial services and professions group/sales and marketing.
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- June 2 2025
Grab ‘in early stages’ of entering Singapore’s motor insurance market: report
GrabInsure has been hiring staff in recent months, having obtained a general insurance licence from the Monetary Authority of Singapore in December.
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- May 29 2025
Exclusive: Swiss Re CorSo reshuffles APAC leadership as China CEO, Southeast Asia head depart
China CEO Jeffrey Pan will depart by the end of the year, while Singapore-based Didier Bélot will leave the company by the end of August.
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- May 29 2025
Asian Re to sustain sound underwriting profitability, rating upgraded: AM Best
AM Best upgrades the reinsurer's insurer rating to B++ (good) from B+ (good), while also revises its outlook to stable from positive.
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- May 27 2025
Sompo Asia Pacific appoints David Chau as senior vice president, head of project management office
Singapore-based Chau will be responsible for leading the new regional project management office and driving key strategic projects in the region.
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- May 27 2025
Beazley strengthens APAC team with double promotion
Singapore-based Kwang Hoon Song and Steven Hatton have been handed expanded marine and political, accident, and contingency risks roles by the specialty insurer.
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- May 23 2025
Generali completes sale of Philippines life business
Italian insurance group had signed an agreement to sell its 100% stake in Generali Life Assurance Philippines to The Insular Life Assurance Company in December.
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- May 22 2025
Philippines’ insurance penetration grows to 1.89% in Q1 2025: IC
The Insurance Commission attributed the improvement to the faster premium growth, with the non-life NWP rising 19.3% to US$365m, mostly supported by the motor and fire lines.
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- May 21 2025
MSIG Singapore names Jerry Pai as senior vice president, head of corporate distribution
Pai, who has over 20 years of senior leadership experience in financial services, joins from St. James' Place.
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- May 20 2025
AIG takes Chubb’s Thanathon Kiratipasuk as Thailand GM, CEO
Bangkok-based Kiratipasuk spent the last 13 years at Chubb, most recently as chief of consumer lines
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- May 19 2025
Canopius expands APAC leadership with double appointment
Singapore-based Chen Zhang and Channing Chiu will report to APAC and MENA CEO Soon Keen Lee.
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- May 18 2025
Southeast Asia, Australia in Allianz’s M&A plans, CFO says
Claire-Marie Coste-Lepoutre was speaking during a Q1 earnings call.
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- May 16 2025
Tokio Marine Indonesia to sustain strong capital buffers, overall earnings: AM Best
AM Best affirmed its insurer rating of A- (excellent) with a stable outlook.
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- May 15 2025
Philippines’ P&C growth supported by rising demand, stabilised reinsurance capacity: AM Best
However, underwriting performance is subject to greater volatility due to the country's increased nat cat exposure.
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- May 15 2025
Vietnam’s PVI partners South Korea’s EGI for engineering guarantee insurance foray
Cooperation aims to create favourable conditions for South Korean construction enterprises to participate in infrastructure projects in Vietnam.
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- May 13 2025
Zurich Singapore hands out 2 expanded property, financial lines leadership roles
Christy Yeo appointed head of property, and Wendy Ong appointed head of financial lines.
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- May 9 2025
Favourable underwriting to help VinaRe deliver strong operating performance: AM Best
Global rating agency affirms financial strength rating of B++ (Good) and long-term issuer credit rating of bbb+ (Good), with a stable outlook for the national reinsurer of Vietnam.