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- May 9 2023
Shawnna Lin joins Starr Insurance as senior underwriter
Singapore-based Lin joins from MS&AD Group owned MS First Capital.
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- May 3 2023
Exclusive: McLarens expands in Malaysia with two more branches amid hiring spree
The loss adjuster has opened offices in Johor and Penang and has recruited several senior adjusters.
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- May 2 2023
West P&I appoints Tony Paulson as Asia head
Paulson will continue his current role as the club’s corporate director alongside his new position.
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- April 27 2023
MGAs see ‘flight to quality’ in Asia amidst market hardening
Following the 1.1 renewals, sourcing capacity is becoming harder but niche players may still have an edge.
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- April 27 2023
PVI confirms Vietnam helicopter crash payout
The total cost for the chopper and the compensation for the dead pilot is around US$2m, with compensation for the four dead passengers still being worked out.
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- April 26 2023
Everest Insurance strengthens Singapore casualty team with two Chubb hires
Fern Tan has joined the team as a senior casualty underwriter while Daniel Chong has started in the role of a third-party underwriter.
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- April 26 2023
Philippines oil spill damages hit US$68m: NDRRMC
The sinking of MT Princess Empress in Oriental Mindoro has directly affected 24,000 fishermen and a total of 40,897 families, says the country's disaster management agency.
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- April 25 2023
MSIG signs 15-year bancassurance deal with HSBC in Singapore
Under the exclusive general insurance distribution agreement, the bank will offer products to its commercial and retail customers.
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- April 24 2023
Australia’s Optus hit with class action over cybersecurity breach
The Singapore-owned telecoms giant said it is reviewing the court documents with its lawyers and will vigorously defend the proceedings.
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- April 21 2023
Singapore extends ILS grant scheme till 2025
The Monetary Authority of Singapore's US$11.25m grant will subsidise the cost of issuing catastrophe bonds and the expanded suite of securities that focus on Asia risks.
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- April 20 2023
Insurtech PasarPolis sets ambitious underwriting goals
The Indonesian full-stack insurtech wants underwriting to account for 80% of its revenues from under 20% now, says founder Cleosent Randing.
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- April 19 2023
NorthStandard opens Asia headquarters in Singapore after merger
The new consolidated office will be led by David Roberts, now head of Asia Pacific, and James Moran, chief operating officer and head of P&I claims for the region.
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- April 18 2023
Allianz Trade expands Asia excess of loss business
The global trade credit insurer will add new headcount in Singapore, Hong Kong, Australia, Japan and Malaysia.
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- April 18 2023
WTW elevates My Thien Nguyen as Vietnam country leader
Nguyen, who was the broker’s CFO for the country, replaces Philippe Robineau.
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- April 18 2023
RMS Moody’s appoints client director in Singapore
Corene Lim, who joins the modeller in Singapore, was earlier a market development analyst at AM Best.
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- April 18 2023
Analytics: Singapore and Hong Kong see underwriting profit, GWP bounce back
While faster premium growth saw the Lion City extend its lead over the regional rival, the SAR insurers' underwriting profits more than doubled in 2022.
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- April 18 2023
Malaysian general insurers’ underwriting profit contracts 23% in 2022
Gross direct premiums grew 10% year-on-year to US$2bn in the last calendar year, according to data from General Insurance Association of Malaysia.
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- April 17 2023
Shipowners’ Club insures Singapore ship likely taken over by pirates
The ship, Success 9, has since been located off the Ivory Coast with all crew safe.
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- April 14 2023
Tugu Insurance (Hong Kong) continues diversification push: AM Best
After years of 'unstable' underwriting results, the Indonesian-owned insurer has moved away from construction employees’ compensation to focus on lines such as a goods in transit.
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- April 13 2023
AIG appoints Chris Colahan as APAC president
Colahan will join AIG from Berkshire Hathaway Specialty Insurance where he was president of UK & Europe.
