Country: Asean Page 14 / 132
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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.
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- August 5 2024
Price Forbes Singapore appoints Honan CEO as chief broking officer
Coates will be responsible for developing Price Forbes' broking strategy and driving business growth across Asia Pacific.
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- August 5 2024
Miller expands Asia offering with new credit and political risk head
The specialist broker has hired Edward Cheak in Singapore from Texel to broaden its products in the region.
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- August 5 2024
Markel strengthens APAC team with four hires in Hong Kong and Singapore
Jenny Choi and Anna Tan join the carrier in Hong Kong as senior underwriters for casualty and fine art & specie, respectively, and Olga Wong and Isabelle Wong have been hired as senior underwriter for professional financial risk and cargo underwriter in Singapore, respectively.
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- August 5 2024
Markel takes Liberty Specialty’s Alvernia Xu as APAC head of operations
Singapore-based Xu will be in charge of the carrier's operational infrastructure reporting to APAC MD Christian Stobbs.
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- August 5 2024
Vietnam non-life insurers to benefit from higher infrastructure spending: AM Best
The rating agency maintains a stable outlook on the country's non-life insurance segment, as demand for commercial lines insurance is set to rise.
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- August 5 2024
Typhoon Gaemi losses to weigh on Taiwan, Philippines reinsurance market
While China losses are the most significant out of all three markets, the local reinsurance market is unlikely to be affected as agricultural sector is covered by the government.
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- August 2 2024
United Overseas Insurance’s balance sheet strength to remain at strongest level: AM Best
AM Best has affirmed its financial strength rating of "A+" (superior) with a "stable" outlook.
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- August 2 2024
Delta Underwriting promotes Sharna Garbett to senior claims handler
Garbett will lead the MGA's claims function in Singapore with Daniel Khoo supporting her on claims administration.
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- August 2 2024
Miller expands professional and financial risks team with Lockton hire
Singapore-based Mandy Ng joins the specialist broker as it looks to expand its offering in Asia.
