Country: Asia Pacific Page 10 / 16
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- June 20 2024
Ardonagh-backed Aviso promotes Nathan Trembath as Queensland general manager
Trembath previously worked as the firm's chief broker for the Gold Coast region.
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- June 19 2024
WTW’s Asia specialty build-out targets region’s complex risk landscape
The broker aims for deeper specialist insights to tailor solutions for emerging challenges like geopolitical risks, climate change, AI, and inflationary pressures, says Luke Ware, Asia head of corporate risk and broking.
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- June 18 2024
Asian Re constitutes management board, elects new chairperson
Sumalee Satitchaichareon, the deputy director-general of fiscal policy office for the government of Thailand, has taken charge as the chair of the regional reinsurer.
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- June 14 2024
Malaysian Re and Pacific Life Re extend MoU on family retakaful market
Both companies aim to unlock new possibilities through the renewal of MoU on shariah-compliant life insurance solutions.
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- June 14 2024
Asian Re’s underwriting performance set to improve, 2023 COR down at 101.6% : AM Best
The rating agency affirmed the regional non-life reinsurer's "B+" (good) financial strength rating with a positive outlook.
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- June 14 2024
Blue Marble hires Rinaldo Siagian as APAC operations analyst
Siagian previously worked at Asuransi Astra where his most recent role was section head surveyor.
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- June 11 2024
Asian geopolitical threats cast a shadow in boardrooms
Demand for political violence coverage continues to increase while reinsurance capacity and appetite are reducing over fears that escalation in the South China Sea could disrupt supply chains and trigger civil unrests.
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- June 10 2024
Global reinsurance outlook upgraded to “positive” on strong profit margins: AM Best
Global reinsurers' strong underwriting margins and return-on-equity enable them to absorb large losses seen in the first quarter 2024, as the sector outlook improved from "stable" to "positive".
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- June 4 2024
AI key to exposure management, risk assessment beyond covered perils: CCR Re
Technologies such as natural language processing, machine learning are transforming how the global reinsurer assesses risks, predicts claims and prepares for climate change, says CRO & actuary Jérôme Isenbart.
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- June 3 2024
Seoul Guarantee Insurance partners Asuransi Asei to grow Indonesian surety presence
The two insurers will explore new revenue models and establish joint underwriting and reinsurance plans for the surety and credit insurance markets.
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- June 3 2024
‘Grey zone aggression’ risks loom amid ongoing political uncertainties
While catastrophic scenarios are unlikely, risk managers see the possibility of “escalating pressure” in the South China Sea as a major concern.
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- May 31 2024
Opinion: Are risk models for Asia fit for purpose?
There is a need for carriers to build in-house modelling capabilities as third-party offerings lack a deep understanding and awareness of emerging risk exposures in Asia Pacific, especially for secondary perils.
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- May 30 2024
Emerging carbon credit insurers take roots in Asia Pacific
Specialist players like Kita and Oka have recently set up shop in the region as the market here is growing with Australia, Japan and Singapore leading the way.
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- May 28 2024
Cédric Boureau returns to CCR Re as senior actuary underwriter for Asia, Africa
Boureau, who had left the French reinsurer for Swiss Re in 2020, will report to John Conan, director of P&C for Asia and Africa.
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- May 24 2024
Revival in property treaty appetite promises favourable outcomes for cedents mid-year
Key renewals for Australia and New Zealand are likely to follow the experience of 1.1 and 1.4, with growing demand for catastrophe risks at current pricing and terms.
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- May 24 2024
South-East Asia accounts for a third of global ship losses in 2023: Allianz Commercial
South China, Indochina, Indonesia and the Philippines, is the main ship loss hotspot globally last year.
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- May 23 2024
Aon elevates Wen Chen to APAC reinsurance agriculture leader
Singapore-based Chen, who was most recently Aon's head of agriculture for Greater China, will explore new regional reinsurance and retrocession opportunities in the sector.
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- May 23 2024
WTW ropes in Alex Rosati from Marsh as Asia head of claims
With over 30 years of experience in underwriting, claims and litigation, Rosati will focus on all aspects of WTW’s claims proposition across all business lines.
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- May 23 2024
Brokers eye parametric possibilities in Asia for nat cats and beyond
Intermediaries are taking the index-based products route to provide coverage for risks that were once considered too complex or too difficult to insure.
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- May 22 2024
Rise of autonomous vehicles switches gears on motor liability cover
As the use of self-driving technology widens to taxi and minibus fleets in China, (re)insurers are referencing new regulations on their use on roads to explore new cover for autonomous vehicles.
