Country: Asia Pacific Page 1 / 509
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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 11 2025
Hannover Re to acquire iptiQ, Swiss Re’s Australian direct life portfolio
Deal expected to close in 18 months, and marks Swiss Re's complete exit from iptiQ.
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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
Marsh elevates Ross Hoy to renewable energy leader for Pacific
Sydney-based Hoy has been a principal with the insurance broker since January 2021.
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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
New Zealand tornado short lived, few claims expected
Tornado hit the town of Levin on the country's North Island at around 7:45am on Tuesday.
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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
HDI promotes James Guardino to underwriting manager for APAC political, credit risk
Singapore-based Guardino was most recently senior underwriter for the line at the industrial insurer.
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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
Cyclone Alfred becomes RACQ’s largest claim event, expects to cost US$120-133m
RACQ has received close to 18,000 claims following the event last month and has paid out US$7.5m.
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- April 8 2025
APAC cyber premiums to top US$3bn by 2030: Munich Re
Reinsurer expects global market to more than double to US$32.4bn in the next five years, making it one of the most rapidly growing insurance sub-sectors.
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- April 8 2025
‘Picky and choosy’ Asta owner Davies seeks to remain on the front foot, with Asia in its sights
Region is very much a part of the insurance-focused professional services provider's strategy for 2030 and beyond, CEO Dan Saulter tells InsuranceAsia News.
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- April 8 2025
Markel’s Stobbs confirms ‘desire’ to return to UK by end of 2025
'I’ll miss being in the region, though I’ll certainly keep cheering the team on from the headquarters,' Markel's Asia Pacific managing director says.
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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.
