Country: Asean Page 43 / 149
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- December 11 2023
Crawford picks Reuben Francis from Sedgwick as deputy managing director for Malaysia
Kuala Lumpur-based will be responsible for the technical quality and delivery of loss-adjusting services, client management and business development.
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- December 11 2023
WTW rejigs South-East Asia, Singapore corporate risk and broking leadership
Rupert Roberts will take on a new role as head of South-East Asia for corporate risk and broking, while Christine Lau will lead the team in Singapore.
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- December 11 2023
Singapore mulls expanding policy owner protection to third-party liability, travel cover
MAS' consultation paper proposes to enhance the coverage, simplify design, and improve operational efficacy of the insurance policy owners' protection scheme and it is open for comments till February 16, 2024.
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- December 11 2023
Berkley promotes Ernest Teng as head of financial lines as Cassandra Lee departs
Singapore-based Teng will oversee the Singapore financial lines team and fac businesses from South-East Asia, Mauritius and Japan.
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- December 8 2023
Asean reinsurers to set up regional renewable energy pool
Six South-East Asian reinsurers including Malaysian Re, which will be the pool manager, Indonesia Re, VinaRe, Cambodia Re, Thai Re and Nat Re have pledged to provide underwriting capacity.
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- December 8 2023
Tune Protect Re’s balance sheet strong, operating performance to improve post Covid-19: AM Best
The rating agency has revised the outlook of travel-focused Malaysian carrier Tune Protect Re to positive from stable and affirmed the financial strength rating of B++ (good).
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- December 7 2023
Oona buys out InLife stake in Filipino general insurance JV
The Warburg Pincus investment vehicle will acquire the outstanding 40% stake in the non-life business that it had bought from Mapfre last year.
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- December 7 2023
AIG takes BHSI exec as APAC chief operating officer
Ryan Storan joins the insurer in Singapore, relocating from Dublin, where he was head of operations for the specialty (re)insurer.
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- December 7 2023
Singapore, Hong Kong set to see wave of insurance M&A in 2024
A Clearwater Analytics survey of insurers and insurance asset managers in the region noted that PE firms have taken an increasingly positive view on the acquisition potential of carriers in the two cities.
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- December 6 2023
Malaysian Re continues to tighten its underwriting term, review retrocession arrangements: Fitch
The rating agency has confirmed the reinsurer's 'A' (Strong) rating with a stable outlook, based on very strong capitalisation and earnings.
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- December 6 2023
HDI Global forays into Asia’s A&H market with Lisa Leow hire
Leow will lead the A&H offering from Singapore, reporting to Graham Silton, managing director and principal officer, and Sydney-based Chris McDowell, underwriting manager, accident & health Australasia.
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- December 5 2023
Asean insurers resilient to impacts of inflation, monetary tightening: Malaysian Re
Carriers reacted with a mix of measures including price hikes, tighter terms, reallocation of capacity and screening of their portfolios, according to the reinsurer's annual Asean insurance pulse publication.
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- December 5 2023
KB Insurance Indonesia’s 9M COR at 70%, premium retention improving on motor focus: Fitch
The rating agency affirmed the carrier’s rating with a stable outlook, as GWP growth outperforms industry average.
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- December 5 2023
TMK’s Spyropoulos: We are so much more than a property D&F specialist
The blue-chip carrier’s regional CEO says ambitious growth plans for Asia Pacific will focus on a broad range of emerging risks such as cyber and political risks.
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- December 1 2023
Miller treaty build-out targets APAC mid-market
With a new team in place, the broker is looking to tap opportunities in markets that are sensitive to the burden of reinsurance costs.
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- November 30 2023
Everest appoints Godfrey Seet as Asia head of short-tail claims
Seet has relocated to Singapore from Hong Kong, where he was most recently senior vice president, claims at Peak Re.
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- November 30 2023
Lonpac’s outlook remains stable on strong underwriting results: AM Best
The Malaysian general insurer’s strong capital adequacy and combined ratios support its financial strength rating of A.
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- November 30 2023
Aon grows Japan transaction solutions team with Shunsuke Takechi
Takechi joins as an associate director and will be attached to the Singapore-based Aon business led by Xianwei Lee.
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- November 29 2023
MS Amlin expands Singapore political risk, treaty teams
Sam Lim has been appointed as senior underwriter, credit and political risk, while Jinnan Tang joins as treaty underwriter.
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- November 29 2023
Sedgwick promotes Nigel Cook to Singapore CEO
Cook will oversee the growth of Sedgwick’s operations in Singapore while keeping his current role of head of major and complex loss in Asia.
