Country: Asean Page 38 / 129
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- January 6 2023
Insurtech Qoala raises US$65m in fresh funding led by Eurazeo
Eurazeo, a French private equity fund, has recently invested in specialty broker BMS.
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- January 6 2023
Paul O’Neill to lead Sompo International APAC commercial
The former Howden APAC specialty CEO will develop strategy for markets outside of Japan.
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- January 5 2023
SEC approves Axa Philippines-Charter Ping An merger
Axa will assume the assets, liabilities, rights and obligations of the firm, while customers will not be affected.
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- January 4 2023
Rob Hands takes charge as Talbot Asia CEO
Singapore-based Hands was previously head of Australia and New Zealand at Axis Re.
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- January 3 2023
MSIG hires AGCS veteran Victorio Villar as head of technical services
Singapore-based Villar's responsibilities cover the carrier's 15 business units across Asean, Hong Kong and Oceania.
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- December 29 2022
Philippines regulator sets aside cat premium hikes
The Insurance Commission has suspended the revised schedule of minimum catastrophe rates that took effect from November 1.
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- December 24 2022
QBE Asia P&I rebrands to British Marine
The P&I office in Singapore will be rebranded from January 1, 2023.
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- December 23 2022
Tugu outlook revised to negative over poor underwriting performance: AM Best
The rating action is despite the Indonesian carrier posting a 15% jump in pre-tax profits for the first nine months of 2022.
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- December 23 2022
Vietnam Bao Minh Insurance combined ratio at 97.8%: AM Best
The firm’s claims have been supported by a lower loss ratio in motor, personal accident and health.
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- December 21 2022
Bernardo López named CEO of Axa Philippines
He was most recently heading Axa Colpatria, the French giant’s Colombia operations.
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- December 20 2022
Claire Wong returns to Zurich Singapore as senior casualty underwriter
Wong was most recently a liability underwriter at Allianz Global Corporate & Specialty.
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- December 19 2022
Regional P&C players bet on Indonesia despite headwinds
The country is seeing a flurry of deals and is expected to overtake Thailand as the largest Asean P&C market.
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- December 19 2022
Fubon Vietnam underwriting performance improved despite cat losses from foreign inward business
AM Best has affirmed the B++ rating for the general insurance arm of the Taiwanese financial services group.
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- December 16 2022
Santam retains India, Malaysia operations following Sanlam-Allianz deal
The African financial services group holds a 23% stake in India's Shriram General Insurance and 49% of Malaysia's Pacific & Orient Insurance.
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- December 15 2022
Malaysian Re’s strong capital buffer offsets underwriting losses
Fitch affirmed the Asean reinsurer's A (strong) rating in terms of its financial strength with a stable outlook.
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- December 15 2022
Indonesia wants nat cat cover for certified buildings after West Java earthquake
In November a 5.6-magnitude earthquake rattled the city of Cianjur killing more than 330 people and damaged thousands of homes.
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- December 14 2022
Singapore’s cyber risk pool should be relaunched, says architect of last attempt
A reluctance to share capacity scuppered the efforts in 2018, but the market has evolved greatly since.
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- December 13 2022
Affin sees February 2023 completion for Malaysia Generali mergers
Affin will own 30% of a larger business following the completion of the merger of the three businesses.
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- December 12 2022
Marsh promotes Chou Sean Chong to Malaysia CEO
Chou takes over from CB Lim, who will move to a new role as chief client officer in the new year.
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- December 9 2022
Covid restrictions help Lonpac improve COR: AM Best
The general insurer posted a five-year average combined ratio of 66.1%.
