Country: Asia Page 1 / 403
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- April 14 2025
Generali G&C taps Tokio Marine Asia’s deputy CEO as global head amid major restructure
Philippe Vezio relocates to Milan having spent the last six years in Singapore.
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- April 14 2025
Marsh Hong Kong promotes Andy Wong to specialty MD, consultancy group leader
He previously held the role of senior vice president, leading the practice of credit specialties and Marsh's consulting service for insurers.
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- April 14 2025
Munich Re promotes Tim Tse to head of fac, corporate for Southeast Asia
He has been working at the reinsurer for 10 months, most recently as a senior engineering underwriter.
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- April 14 2025
NFRA introduces updated insurance consolidation rules
Companies will have to focus on preventing risks that can spread within the group, separate risks and prevent issues like capital duplication and excessive borrowing.
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- April 14 2025
Myanmar insurers temporarily halt new disaster coverage after quake: reports
Existing natural disaster insurance policies are allowed to be renewed and extended, but it remains uncertain when the sales of new policies will resume.
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- April 14 2025
Insurance claims from South Korea wildfires near 5,000, mostly for crops: report
Insurers have paid out at least US$131,800, while assessing damage for crop-related claims is expected to take time.
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- April 14 2025
India’s Anand Rathi Insurance Brokers appoints Sumit Dutt as chief executive, principal officer
Mumbai-based Dutt was previously director of sales with Edme Insurance Brokers, where he worked for one year and six months from May 2023.
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- April 11 2025
‘Tariffs are just one piece of the puzzle’: Aon’s Asia head of shipping
Oliver Miloschewsky tells IAN's Between The Lines podcast that 'tariffs are easy to impose, but the effects tend to be very long-term'.
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- April 11 2025
Hong Kong Export Credit Insurance Corporation announces measures to counter US tariffs
The corporation will extend free pre-shipment cover for SMEs, provide a 50% discount for other policyholders and reduce premium for emerging markets.
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- April 10 2025
US tariffs may slow premium growth in trade-related P&C lines, raise claim costs: Moody’s
Supply chain disruptions and lower trade volumes could significantly reduce insurance demand for certain lines in Asia like marine cargo and credit.
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- April 10 2025
Allied World hands Ada Lui expanded role as deputy head of Hong Kong branch
Role is in addition to her current position as senior vice president and head of APAC pricing.
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- April 10 2025
Fitch downgrades five Chinese insurers in line with sovereign rating action
The rating action was on export credit insurer Sinosure and China Taiping Insurance and its three subsidiaries.
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- April 10 2025
With wildfires becoming more intense, damaging and frequent, insurers eye new approaches to coverage
Events in South Korea and Japan highlight the rising threat of wildfire risks in areas and nations where they have traditionally been seen as a non-peak peril.
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- April 9 2025
Carrot Insurance considering merger with parent Hanwha amid financial troubles
The digital carrier CEO Moon Hyo-il reportedly told employees that they are reviewing a capital increase and a merger with its parent.
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- April 9 2025
2025 cat losses could cause Asia energy market shift: WTW
Current soft conditions follow a strong year for (re)insurers in the downstream and upstream energy sectors, but elevated cat activity could quickly tighten the market.
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- April 9 2025
APAC protests, riots in 2024 highest globally: Allianz Commercial
India, Pakistan, South Korea top 10 countries by frequency globally last year, according to a report.
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- April 9 2025
WTW elevates Carlos Ortega as cyber leader for Hong Kong, greater China
Ortega, who was earlier lead for Hong Kong, has held senior roles across Asia and Latin America, focusing on financial and cyber insurance.
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- April 8 2025
South Asia flooding reveals risk of erratic monsoon patterns: WTW
Rain gauges across South Asia recorded unusually high totals last year, including in New Delhi in India, Lahore in Pakistan, Kathmandu in Nepal and Cox's Bazar in Bangladesh.
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- April 8 2025
India’s Unilight appoints Sumit Bohra as executive director
Bohra, who joins the (re)insurance broker from GlobeSecure, is the outgoing president of the Insurance Brokers Association of India.
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- April 7 2025
India’s general insurance market to rebound in FY26
The growth in premium will be primarily driven by rate increases pushed by hardening of reinsurance rates for certain lines of business and inflationary pressures, according to Fitch-owned agency India Ratings and Research.
