Country: Asean Page 23 / 131
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- January 29 2024
Howden boosts multinational client focus with Aon’s Mike Baker
Singapore-based Baker will focus on climate and political risks, energy transition, and cyber in his new role.
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- January 26 2024
Consistent underwriting profits back Bao Minh Insurance’s stable outlook: AM Best
AM Best has affirmed the Vietnamese carrier's issuer rating at B++ (good) with a stable outlook, due to its consistent profits and strong balance sheet.
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- January 26 2024
Vietnam’s PTI sees rising loss ratio on health and motor lines: AM Best
AM Best has affirmed an insurer rating of B++ (good) for the company with a negative outlook due to its recent capital erosion.
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- January 25 2024
MS Amlin completes Singapore’s first-ever ILS renewal with US$35m Phoenix 2 Re
The Lloyd's player now has more than US$80m capacity in Asia through the twoi insurance-linked secuirities vehicles.
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- January 24 2024
Election-packed 2024 revs up appetite for political risk cover
While the appetite for global programs has significantly reduced, single-country appetite remains relatively deep and is expected to see a boost in the product’s popularity over the coming months.
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- January 24 2024
AIG appoints head of accident & health in Singapore
Ann Wong rejoins the insurer after a 10-year break.
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- January 23 2024
Thai Re to improve underwriting results in 2024 with COR below 100%: Fitch
The rating agency has affirmed the reinsurer's rating at 'A-' (strong) with a stable outlook based on strong capitalisation, favourable company profile and expectation of steady earnings from FY 2024.
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- January 23 2024
Carbon specialist Lloyd’s coverholder Kita enters Singapore
The niche player, which has operations in the US, Canada, Switzerland and the UK, covers carbon credit risks by protecting buyers against delivery risk.
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- January 23 2024
Chris Mackinnon named Lloyd’s regional director with Iain Ferguson set to retire
Mackinnon will start in his new role on April 1, while Ferguson will retire on December 31, InsuranceAsia News can reveal.
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- January 22 2024
BHSI taps Swiss Re for Asia general property leader
The specialty (re)insurer has appointed Singapore-based Jess Au as head of general property.
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- January 22 2024
MPM Insurance to reduce multipurpose credit exposure, focus on motor: Fitch
Fitch Ratings has assigned an insurer rating of 'A+(idn) with a stable outlook to the Indonesian insurer.
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- January 19 2024
Ryan Specialty expands its Asia M&A offering with a Singapore hire
Lawrence Gregory, who was most recently an associate in the M&A practice group Baker McKenzie Wong & Leow, will report to APAC head Marina Sherer.
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- January 18 2024
Thailand’s insurance sector to grow to US$28.18bn by 2026: OIC
This would mean a 'significant jump' for the sector from the present US$25.3bn GWP as the industry is recovering from Covid-19 claims.
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- January 17 2024
Brown & Brown expands in Asia with acquisition of Singaporean broker Acorn
The deal by the US group's European arm, Bridge Specialty, is its second in the region after it entered Hong Kong last year through the acquisition of Capstone Brokers.
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- January 16 2024
Alex Tarantino to succeed retiring HDI Global Singapore CEO Graham Silton
The specialty insurer has also named Sydney-based Andrew Cochrane as underwriting manager, liability, for Australasia.
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- January 15 2024
Thailand’s Roojai acquires Indonesian online broker Lifepal
Following the deal, the two companies will jointly expand their product offerings, and online and offline distribution.
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- January 15 2024
Etiqa’s ratings affirmed, but underwriting margins may feel pricing reform pinch: AM Best
The Malaysian insurer, rated A- (excellent) with a stable outlook, has reported a five-year average combined ratio of 87%.
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- January 12 2024
Income Insurance to list on private stock exchange: report
The composite insurer’s shares will be listed under Alta and PhillipCapital’s share liquidity programme.
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- January 11 2024
Exclusive: Sedgwick takes Crawford’s Veronica Grigg as Asia CEO
The loss adjuster's interim CEO Stephen Kerr will transition into the role of chief operating officer for Asia, while Simon Kay has been appointed director of executive services.
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- January 11 2024
Indonesia to raise minimum capital requirement for insurers to US$16m by 2026: report
For reinsurers, the minimum equity required will be US$32m in 2026, which will be increased to US$128m by end of 2028.
