Country: Asia Pacific Page 1 / 6
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- April 26 2024
Interest rates, regulatory uncertainties call for alternative yield strategy: HSBC Asset Management
Insurers grappling with the fast-changing US interest rates expectations, new regulatory capital regime and IFRS standard can look to alternative investment strategies for yield enhancement.
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- April 26 2024
Opinion: European regulator’s climate conundrum poses questions for South-East Asia’s risk mitigation
Excluding high-risk areas from coverage does not provide a viable solution, as all actors need to work together to address climate risk, including the P&C sector, governments and society.
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- April 25 2024
Asia commercial insurance rates decline 2% in Q1: Marsh
Property, casuaty, finpro and cyber rates fell in the first quarter the year in Asia, while in the Pacific, property stabilised while casualty premiums continued to grow for the fourth consecutive quarter, albeit at a slower clip.
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- April 24 2024
Insurers face headwinds from pace of regulatory changes: Zurich’s APAC CRO
Regulatory changes aside, the insurer's regional head of risk Siddhartha Medappa names macroeconomic risks, climate change, cyber and infectious disease as top risks facing businesses in the region.
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- April 23 2024
Exclusive: Guy Carpenter recruits AIG veteran Eric Shaw as APAC regional claims advisory leader
Singapore-based Shaw oversees claims advisory and reports to Jacob Hughes, managing director, head of client support services for Asia Pacific.
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- April 23 2024
M&A specialist Brockwell targets niche opportunities in Asia
The London-based Lloyd’s coverholder is looking to expand in Singapore, Japan and South Korea and leverage on tax products that see high demand in the region.
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- April 22 2024
QBE appoints Jordan Stewart as Asia’s business development lead, broker distribution
Stewart, who has relocated to Hong Kong from Melbourne, will work with the teams across QBE Asia to enhance its broker partnerships across the region.
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- April 22 2024
WTW elevates Ben Dunston to placement leader, Asia
In his new role, Singapore-based Dunston will have overall placement responsibility for the large and multinational accounts division in the region across all lines of business.
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- April 22 2024
MGA-led capacity set to enter APAC upstream energy market
Further capacity from both new underwriting agencies and existing carriers that have set up new ESG vehicles is expected to enter the energy market this year, according to the latest analysis by WTW.
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- April 19 2024
Generali streamlines insurance division in group restructure
The insurer will separate insurance and asset management businesses from June 1 and the insurance division will be led by Giulio Terzariol with country and regional leaders, including Rob Leonardi-led Asia, reporting to him.
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- April 19 2024
Liberty to combine Asian specialty and retail businesses under Matthew Jackson’s leadership
The new unified division, Liberty International Insurance, will continue to go to market under its existing brands, including Liberty Specialty Markets and Liberty Insurance.
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- April 19 2024
Allianz Commercial’s Sandric targets double-digit growth in Asia but cautions on market softening
The carrier aims to be a leader in the region's competitive commercial risks space and expand its alternative risk transfer solutions and multinational program offerings, the Asia chief executive told InsuranceAsia News.
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- April 18 2024
Munich Re names Hitesh Kotak and Roland Eckls as regional CEOs in major leadership reshuffle
The move will see new chief executives take charge in Japan, Korea, India and P&C heads for South-East Asia, Greater China.,
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- April 18 2024
Asia accounts for 40% of nat cat economic losses in Q1: Gallagher Re
Driven by the Noto Peninsula earthquake, Asia had US$17bn in losses for the first three months of the year, making it the only region with above-average Q1 losses.
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- April 17 2024
Ryan Thomas rejoins AIG in Singapore to head APAC financial lines
Thomas will leverage his work experience in New York and Sydney to focus on growing the insurer’s strategy in the Asia Pacific region.
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- April 17 2024
Insurers wrestle with rising claims as lithium battery use widens
The industry needed to define its positions on whether the battery fire is an operational risk for users, or a product liability risk, especially in the case of thermal runaway.
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- April 12 2024
Liberty Specialty Markets promotes Kaihui Chong to head of tax, Asia Pacific
Singapore-based Chong was most recently senior tax underwriter for the carrier.
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- April 12 2024
LeapFrog Investments taps Indonesia’s reform opportunities with full-stack insurtech
The insurance-focused investor believes that the winners in South-East Asia’s largest digital economy will be those that can steer away from an asset-light broking model, as it backs insurtech PasarPolis in ramping up its underwriting capability.
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- April 11 2024
Guy Carpenter hires Partner Re’s Richard Chu as managing director for credit, bond & political risk
Singapore-based Chu will be responsible for new business development across Asia Pacific and will report to the head of the division, David Edwards.
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- April 11 2024
Stability the goal as D&O market emerges from years of pricing volatility
While the directors & officers market in Asia Pacific remains as diverse as the markets in the region itself, there is a clear demand for certainty around pricing.
