Country: Asean Page 9 / 148
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- October 1 2025
Typhoon Bualoi: damage to Vietnamese thermal power plant may trigger reinsurance claims
Starr is the lead reinsurer for the PVI-led insurance program of the supercritical project in the northern Ha Tinh province, InsuranceAsia News understands.
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- October 1 2025
Correction: WTW taps Carrie Tan as division director in terrorism and political violence team
With nearly a decade of experience in underwriting and claims, Tan joins from Talbot Risk Services.
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- September 30 2025
UIB Asia recruits Le Tram Nguyen as executive director for treaty and retro
Industry veteran joins the Singapore-based reinsurance broker from Hannover Re, where she most recently led Indochina operations.
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- September 29 2025
Hong Kong’s curtailed Super Typhoon Ragasa economic losses under US$400m: report
Claims mainly from wind and flooding, with water damage across all affected territories, David Seng, technical and strategic projects director at Sedgwick in Asia also tells InsuranceAsia News.
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- September 29 2025
Aon names Koachakorn Panyangam as power specialty director for Asia
Singapore-based Panyangam joins Aon Global Risk Consulting having previously spent over five years at FM.
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- September 26 2025
Everest taps Simon Lim to lead APAC multinational network strategy
Lim, who joins the firm following a long tenure at AIG, will support the expansion of multinational capabilities across the region.
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- September 26 2025
Malaysian (re)insurance broker HLAP expands to Vietnam with business development director hire
Vietnam-based Kieu An has over 30 years of insurance experience and will report directly to CEO Lee Warner.
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- September 25 2025
Vietnam’s PVI Insurance raises charter capital to US$163m
The additional capital reinforces financial foundation, enhances risk management capacity and enables greater support for large-scale national and international projects, the insurer says.
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- September 25 2025
Lockton snaps up Willis’ Terence Montgomery as APAC head of transaction liability
Singapore-based Montgomery was the Asia Pacific practice leader for M&A at Willis since June 2018.
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- September 24 2025
Marsh Asia appoints Dale Williams as corporate and commercial leader
Singapore-based Williams was most recently commercial leader at Mercer Asia.
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- September 23 2025
Taiping Re to benefit from profitable non-life vertical, new capital sources: AM Best
AM Best affirms its A (excellent) rating for the reinsurer and its wholly owned subsidiary, Taiping Reinsurance (China), with a stable outlook.
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- September 22 2025
Singapore Re to demonstrate favourable underwriting, operating performance: AM Best
Outlook revised from stable to positive, while a financial strength rating of A (excellent) and a long-term issuer credit rating of a (excellent) were affirmed.
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- September 22 2025
Allianz Trade moves into Vietnam with country manager hire
Trade credit insurer hires Ly Dao from WTW to spearhead its expansion.
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- September 17 2025
Circles seeks to close the loop on ‘massive gap’ faced by Singapore’s SMEs with Singlife tie up
Singlife - Circle Complete and Singlife – Circle Cyber expand Singlife's suite of insurance solutions for SMEs.
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- September 16 2025
China Taiping Insurance appoints Bin-Hao Nah as marine cargo section head in Singapore
He joins from Howden, having also worked for Marsh McLennan, Aon, Newstate Stenhouse, and Beazley.
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- September 15 2025
Aon hires Vincent Chow as claims advocacy director in Singapore
Chow was previously a lawyer with Kennedys in Hong Kong.
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- September 15 2025
Carbon credit specialist Oka launches in Singapore
Carrier, through its Lloyd's Syndicate 1922, will offer climate-focused insurance products to Singaporean corporations and financial institutions.
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- September 11 2025
Opulence launches cell captive in Labuan with China Re backing
The captive insurance cell is endorsed by the Labuan Financial Services Authority and operates under Goldman Insurance PCCC, a protected cell company.
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- September 10 2025
Global offshore energy premiums declined 7.9% to US$4.34bn in 2024: IUMI
Reduction was most pronounced in the European market, while Japan, Malaysia, and Egypt reported stable-to-downward trends, the International Union of Marine Insurance (IUMI) reported at its annual conference in Singapore this week.
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- September 9 2025
Indonesian protests to result in ‘substantial’ losses, but PV market capacity not a concern
Claims likely to arise from riot, strikes, civil commotion and malicious damage perils from the protests which started in late August, sources told InsuranceAsia News.
