Country: Asean Page 12 / 131
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- August 29 2024
Euclid Transactional confirms Asia Pacific launch
The M&A-focused MGA's plan to launch services in Asia and to appoint Alice Ho as head of APAC was first reported by InsuranceAsia News last August.
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- August 28 2024
Tune Protect H1 2024 insurance revenue drops 15.2% to US$43.7m
Its COR deteriorated to 107.5% versus 95.4% in H1 2023 due to the higher net incurred claims and attributable expenses.
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- August 28 2024
Vietnam’s PVI Insurance gets greenlight to raise charter capital to US$157m: report
It is the second capital increase approved by the regulator in five months, as Vietnam's largest non-life insurer continues to grow its market share.
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- August 27 2024
WTW taps Aon’s Felicia Tan as associate director for financial solutions in Singapore
In her new role, Singapore-based Tan will lead the broker's financial institutions business and grow the firm's overall portfolio.
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- August 26 2024
Tune Protect Thailand appoints MSIG’s Sasivimol Choladda as CEO
Bangkok-based Choladda will report to the recently appointed company group CEO How Kim Lian.
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- August 26 2024
BHSI expands Asia team with two hires
Singapore-based Kiran Prakash's role has been expanded to head of first party lines, as Jessie Yuen has been promoted to head of energy Asia succeeding Ming Ong, who has relocated to London.
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- August 22 2024
Vietnam non-life carriers’ H1 2024 revenue grows 12% to US$1.6bn
The country’s biggest non-life insurer PVI grew its revenue 65.7% YoY in the first six months of the year, according to the most recent data published by the Insurance Association of Vietnam.
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- August 22 2024
Crawford Malaysia names Kuppusamy as personal accident, fraud investigation team head
Murugan Kuppusamy brings 15 years of experience across personal accident, bodily injury, investigations, fraud detection, theft and motor claims to the team.
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- August 22 2024
Swiss Re expands public sector leader Lubomir Varbanov’s role to include development institutions
Varbanov's new title will be managing director, head of public sector solutions for APAC and multilateral development banks.
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- August 22 2024
Mega Insurance COR up 10 points to 97% as credit, motor claims climb
Fitch Ratings has affirmed an insurer rating of 'A+ for the company with a stable outlook as its GWP rose 75% in 2023.
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- August 21 2024
Texel names Coface’s Hélène Heas as broker for Asia operations
Singapore-based Heas will be supporting the broker's business growth across the Asia Pacific region and further enhance its client solutions and market reach.
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- August 21 2024
Philippines non-life GWP for H1 2024 tops US$1bn
Casualty net premiums saw the strongest growth, up 35% year-on-year, while fire premiums were down 0.11% over the same period.
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- August 20 2024
Exclusive: ARB Indonesia elevates Wayan Sumendra to president director
In his new role, Jakarta-based Sumendra will be responsible for developing Indonesia reinsurance broking strategy and managing all business operations for ARB Indonesia.
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- August 19 2024
Zurich Singapore appoints Chubb’s Nixon Ooi as head of accident and health
Ooi will report directly to Alexandra Cowley, chief underwriting officer for Zurich Singapore.
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- August 19 2024
Aon brings on board Marie Pelton as cargo and logistics associate director for Asia
Singapore-based Pelton, who joins from Filhet-Allard Maritime, will work with the regional director of marine, Nick Chapman,
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- August 14 2024
Sompo Thailand promotes Aditya Tibrewala to CEO
Singapore-based Tibrewala was most recently chief consumer officer overseeing operational and technical functions across Sompo APAC.
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- August 14 2024
Exclusive: Marsh McLennan Singapore CEO Collin Yap set to leave
The industry veteran is understood to be on gardening leave till end of the year.
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- August 9 2024
Malayan Insurance’s underwriting to benefit from portfolio measures, retail growth: AM Best
The rating agency has affirmed its “B++” financial strength rating and “stable” outlook on the Philippines' non-life insurer.
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- August 8 2024
Hiscox terminates sale of DirectAsia to Ignite Thailand
The deal was pulled due to failure in meeting customary conditions and regulatory approvals, however, the Lloyd's player said it is "exploring other options" for the Asian retail business.
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- August 6 2024
MAS defends Allianz’s US$1.6bn cash offer for Income Insurance: report
The regulator's incoming deputy chairman Chee Hong Tat said during a parliamentary session that the central bank was satisfied with the process around the deal and that the potential deal won't adversely impact competition.
