Country: Asia Pacific Page 11 / 535
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- June 24 2025
BMS Australia appoints Ardonagh Global Partners’ Georgina Reilly as general counsel
Sydney-based Reilly will report to Australia CEO Andrew Godden.
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- June 24 2025
Allianz Australia names Luke Whenman as chief claims officer
Sydney-based Whenman was previously Suncorp's executive general manager for motor claims.
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- June 24 2025
Sompo names Alasdair Walker Hong Kong CEO as Li Sheung Kin set to retire
Walker will be responsible for driving Hong Kong’s profitability and capabilities as a key commercial business hub in Asia Pacific, reporting into regional insurance CEO Kenneth Reilly.
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- June 24 2025
Allianz’s capital reduction plan stymied Income deal, says MAS
Singapore government struggled to reconcile the proposal with Income's representations when it carried over US$1.5bn in surplus during corporatisation.
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- June 24 2025
Korean insurers to face capitalisation pressure due to falling interest rates, tighter norms: Fitch Ratings
Ongoing volatility in investment returns amid financial market uncertainty could challenge the overall stability of insurers’ profitability, according to the global rating agency.
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- June 24 2025
Warburg Pincus in talks to divest 10% stake in India’s SBI General: report
Private equity firm is in discussions with other shareholders Premji Invest and State Bank of India for a deal that could value the general insurer at US$4.5bn.
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- June 24 2025
In unique Asia, underwriters look to stay dialed amid ‘unprecedented wave’ of cyber attacks
A surge in cyberattacks is likely behind a 14% rise in large cyber claims in Asia during the first half of last year, with a new report shining a light on attacks on the financial services sector.
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- June 23 2025
Zurich Kotak launches commercial insurance division
The carrier will expand into commercial property, liability, marine, and engineering, covering a range of businesses from SMEs to large corporates.
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- June 23 2025
Price Forbes appoints Suvimol Sathanart as Asia property chief
Singapore-based Sathanart, who joins from Direct Asia, will report to chief broking officer Julian Coates.
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- June 23 2025
Fitch upgrades outlook for Sinar Mas to positive on improved capitalisation, profitability
Global rating agency revises the Jakarta-based insurer’s financial strength rating outlook to positive from stable, and affirmed an AA+(idn) rating.
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- June 23 2025
Sharna Stallard returns to Agile as financial lines underwriter
Stallard has over 25 years of insurance experience with expertise across financial lines and general insurance broking.
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- June 23 2025
UIB Asia hires Guy Carpenter’s Markus Sayuti as executive director for treaty and retro division
Singapore-based Sayuti will report to Asia CEO Francis Savari.
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- June 23 2025
Samsung Re takes Gallagher Re’s Sie Liang Lau as head of cyber and casualty
Singapore-based Lau will lead build out of the reinsurer's portfolios across APAC and MENA, while supporting Samsung Fire & Marine's global cyber insurance ambitions.
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- June 23 2025
Willis bolsters India finex team with head of claims appointment
Gurugram-based Arushi Arora joins the broker from law firm Khaitan Legal Associates, where she represented clients, insurers and brokers on complex liability claims.
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- June 23 2025
‘APAC players are very engaged in ILS’: Twelve Securis seeks to fill the gap as cat bonds peak interest
Swiss asset manager is considering opening an office in Singapore or Hong Kong amid potential for cat bonds in the region, particularly from Chinese issuers and many Asian players looking to expand beyond traditional players like Japan.
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- June 20 2025
Aggregated losses from typhoon Wutip could reach hundreds of millions of US dollars: Aon
Particularly significant economic and insured losses are expected due to widespread flooding in southern China.
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- June 20 2025
Marsh India names Jay Mehta as vice president for private equity, M&A
Mumbai-based Mehta joins from EY, where he was most recently senior manager for tax and regulatory services.
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- June 20 2025
AIG taps Liberty Specialty Markets’ Snowy Chan as marine lead in Hong Kong, Macau
Chan joins having spent almost 16 and a half years with Liberty.
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- June 20 2025
FWD Group could launch Hong Kong IPO as early as this month
Reuters report follows news that FWD Group has passed its listing hearing in Hong Kong, implying that it could commence its IPO process shortly.
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- June 19 2025
Wild weather claims surpass all of 2024 in just 5 months amid increasing severity, frequency: NRMA
Australian insurer says it received more than 32,000 wild weather-related damage claims in the first five months of 2025.
