Country: Asean Page 41 / 133
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- January 20 2023
Vietnam’s PTI capital adequacy weak: AM Best
The firm suffered from underwriting losses associated with Covid-19 insurance policies.
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- January 19 2023
Chubb appoints Singapore country president
Hng Keng Yoong, Chubb's Malaysia chief operating officer, takes on the P&C role.
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- January 19 2023
Mark Dyson steps in as Lloyd’s Asia interim CEO
Lloyd's chief financial officer for Asia Pacific, Middle East and Africa replaces Thomas Haddrill who is joining WTW.
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- January 18 2023
Cybersecurity firm Blackpanda eyes Asia growth after US$15m Series A
The firm wants to use its investment from Primavera Venture Partners and Gaw Capital Partners to deepen its regional presence.
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- January 17 2023
Domestic market dynamics reshape Asean renewals
While rating downgrades shook up Indonesia, carriers sought ‘payback’ for Malaysian floods.
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- January 16 2023
MS Amlin secures US$45m capacity for Phoenix 3 Re
The special purpose reinsurance vehicle has secured more capacity than its two predecessors.
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- January 16 2023
Singapore legal reform puts claims settlements on the fast track
An obligation to consider amicable resolution incentivises pre-trial settlement over courtroom brawling.
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- January 11 2023
Everest Re signs up Bobby Kwan as APAC senior treaty underwriter
Prior to this appointment, Singapore-based Kwan managed property treaties at Axis Re.
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- January 9 2023
Malaysian Re’s India, MENA performance help mitigate 2021 domestic flood hit
AM Best has affirmed the Asean reinsurer's rating of A- (Excellent) with a stable outlook.
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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.