Country: Asean Page 28 / 133
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- November 6 2023
Cautious approach on Aswata’s reinsurance dependence and panel: Fitch
The rating agency has affirmed an insurer rating of AA(idn) with a stable outlook, primarily driven by its high capitalisation and sustained high underwriting profitability.
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- November 6 2023
SIRC: Five key themes from the 2023 edition
With the region's biggest reinsurance gathering behind us, we bring you the big takeaways from last week's Singapore event and what they mean for the upcoming renewals.
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- November 1 2023
SIRC: ‘There are more purchases towards the capital piece than the earnings piece’ — Gallagher Re’s Mark Morley
The broker's head of Asia Pacific is looking for a 'more nuanced approach' to the upcoming 1.1 renewals as it targets ‘ambitious’ growth around the region.
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- October 31 2023
SIRC: SIRC kicks off with focus on Asean co-operation, data and cyber, climate risks
Ravi Menon, managing director of the Monetary Authority of Singapore, warns there is not enough data on economic exposure to perils such as nat cats and cyberattacks.
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- October 27 2023
Portfolio rejig to benefit Starr International Insurance Thailand: AM Best
The rating agency has assigned an insurer rating of A- (excellent) with a stable outlook.
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- October 27 2023
Sompo continues Singapore build-out with Paddy Harman hire
He joins from Allianz as a senior underwriter in Sompo's credit & political risk team as the specialty player expands its APAC commercial P&C capabilities.
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- October 26 2023
Labuan Re to report moderate growth ahead: AM Best
The rating agency has affirmed an insurer rating of ‘a-’ (excellent) for Labuan Reinsurance with a stable outlook.
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- October 25 2023
Allianz Commercial names Jude Cross as Asia head of property
He will report directly to Christian Sandric, regional managing director, Asia with a matrix reporting line to Michael Martin, global head of property.
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- October 23 2023
HDI Global appoints Cristiano Pizzocheri as head of market management
Pizzocheri was most recently chief strategy and digital officer for Ergo Insurance Singapore.
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- October 19 2023
Samsung Tugu to gain from Korean investments in Indonesia: AM Best
AM Best has affirmed the Jakarta-headquartered insurer a rating of A- (excellent) with a stable outlook after it posted a five-year average combined ratio of 57%.
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- October 19 2023
QBE and MS First Capital withdraw Covid BI appeal against Thailand resort owner
Relax Beach, which owns Le Meridien Phuket Beach Resort, now stand to potentially receive millions of dollars in claims after it was forced to close in April 2020.
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- October 18 2023
Bolttech mulling US$300m US listing: report
The Singaporean insurtech is in talks with investment banks for the potential share sale, which may take place as soon as next year, according to Bloomberg.
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- October 18 2023
Exclusive: Gallagher sees senior exits amid wider APAC leadership shake-up
There have been several changes to the broker's APAC management in recent months, including the departure of North Asia CEO Thomas Wang.
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- October 18 2023
Generali and UNDP partner to help bridge SME protection gap in Asia
A new framework will be hosted on an online platform offering advice on how businesses can protect their activity in the face of climate challenges.
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- October 13 2023
AIG takes BHSI’s Matthew Bond to head energy and construction for APAC
Bond, to be based in London and Singapore, will be responsible for underwriting and business development across the region.
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- October 13 2023
MoneyHero to list on Nasdaq following SPAC deal with Pacific Century and Thiel Capital
The deal gives the financial services platform, which operates in Singapore, Hong Kong, the Philippines, Malaysia and Taiwan, access to around US$100m of capital.
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- October 13 2023
CCi appoints Nick Barham as head of technical expert services – Asia
Barham, who is relocating to Singapore, will lead the expansion of the consultant's technical engineering services to its insurance and construction clients in the region.
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- October 13 2023
Samsung Vina Insurance signs property products deal with Shinhan Bank Vietnam
In the first six months of 2023, property insurance revenue in Vietnam achieved a growth rate of 10.9%.
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- October 13 2023
Exclusive: McLarens launches forensic accounting in Malaysia with Sedgwick hire
Serina Tan will be based in Kuala Lumpur and report to Scott Reichelt, the loss adjuster's head of forensic accounting, Asia Pacific.
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- October 12 2023
Liberty Mutual Reinsurance appoints Alex Koh as senior underwriter
Koh was treaty manager for China Reinsurance Corporation (Group) in its Singapore branch.
