Country: Asia Pacific Page 117 / 489
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- September 7 2023
Analytics: Chinese P&C carriers focus on agri, liability offerings in acceleration away from motor
- Analytics
- Agriculture
- China
- China Continent P&C
- China Pacific Insurance P&C
- PICC Property and Casualty
- Ping An
- Sunshine Insurance
Improved underwriting results, new products and a push from the government are driving growth, but an uncertain economic outlook has seen carriers rush to pare credit surety exposures.
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- September 7 2023
Lloyd’s Lab’s 11th cohort has focus on APAC climate, cyber and sustainability
Four insurtechs joining the programme will focus on developing solutions to some of the biggest risks faced by businesses and communities in the region.
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- September 7 2023
Sedgwick New Zealand promotes Paul North to head of forensic accounting
Auckland-based North was most recently a senior loss adjuster for major & complex losses and forensic accounting services for the global firm.
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- September 7 2023
Chubb elevates David Hamill to financial lines manager for Australia and New Zealand
Sydney-based Hamill was most recently state manager for New South Wales, Australia.
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- September 6 2023
NorthStandard appoints Jack Marriott-Smalley as head of South-East Asia Pacific
Singapore-based Marriott-Smalley was regional underwriting director for the company since 2021.
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- September 6 2023
Howden bulks up New Zealand operations with Apex Insurance buy
The deal bolsters the global broker's corporate and SME presence in the country alongside Wallace McLean and Howden Broking NZ.
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- September 6 2023
Marsh appoints Josh Roach as Pacific CEO
Roach will oversee Australia, New Zealand, Fiji and Papua New Guinea from January 2024 as Nick Harris takes on the UK retail CEO role.
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- September 6 2023
Peak Re | Unlock the potential of South-East Asia insurance markets
Multiple positive growth drivers underpin optimism about the insurance outlook of the region.
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- September 6 2023
‘Little-known’ insurers likely stepping in to provide dark fleet cover: sources
While it is legal to provide insurance to Russian oil shipments despite sanctions, the question is do these insurers have reserves to pay for catastrophic events.
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- September 6 2023
Exclusive: Nova Insurance promotes Patrick Chan, hires Joseph Lee
Chan joined the Hong Kong broker two decades ago, while Lee was most recently distribution officer at Blue-Cross Asia Pacific.
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- September 6 2023
Ausure concludes two acquisitions in Australia
David Summers, Travis Hargreaves and Nathan Wicks manage Ausure group, which has over 330 authorised representatives.
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- September 6 2023
British Marine strengthens Asia P&I underwriting team with two hires
Sebastian Tjornelund (pictured) joins as head of P&I underwriting, Asia, while Jamie Baggett becomes a senior underwriter.
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- September 5 2023
Allianz Commercial names Gany Subramaniam as Asia distribution head
Singapore-based Subramaniam was most recently regional head of commercial sales at Allianz Asia Pacific.
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- September 5 2023
Reinsurance rates to rise further across all lines in 2024: Moody’s
Demand for reinsurance to remain flat as cedents do not plan to purchase additional protection, mainly because of its high cost, a survey by the rating agency shows.
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- September 5 2023
BHSI makes Edwin Sim executive & professional lines head in Singapore
Sim will report to Scotland Walsh-Riddle, BHSI's Hong Kong-based regional head of executive & professional lines.
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- September 5 2023
QBE elevates Peter Burton to group CUO
London-based Burton, who succeeds Sam Harrison, assumes responsibility for all global underwriting, pricing and reinsurance activities for the Australian carrier.
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- September 5 2023
Tokio Marine Kiln lands Joe Pickford as aviation underwriter in Singapore
Pickford, who joins from Gallagher, will focus on providing bespoke solutions for clients and brokers.
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- September 5 2023
Vincent Banton joins Aon as Asia head of construction and infrastructure
Singapore-based Banton reports to Asia head of commercial risks Paul Young and joins the global construction and infrastructure leadership team.
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- September 5 2023
Market rebound, XOL to drive APAC aviation rates, cover despite capacity flux
The market is relatively flat for hull and liability but material changes are being seen in war risks and a ‘natural increase in premium' is likely with a recovery in general aviation activities.
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- September 5 2023
Christine Mau rejoins Zurich as head of its claims express hub
Mau, a former management trainee at the global insurer, will help 'oversee efficient claims processing'.
