Country: Asia Pacific Page 12 / 510
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- March 5 2025
Jacquelynn Chuc returns to AIG as A&H regional underwriter manager for Asia
She brings over 20 years of technical underwriting expertise, having served at Chubb Australia and Singapore in various A&H underwriting roles.
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- March 5 2025
Seoul Guarantee prices IPO at bottom end of range to raise US$124m
KDIC-owned surety and credit insurer will offer shares at US$17.8 apiece and will start trading on March 14.
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- March 5 2025
Axa XL names Sylvie Gleises Asia CEO, replaces Gilles Fromageot
She will continue to serve as CEO for Axa XL Singapore insurance operations having joined AXA Group in 2006.
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- March 5 2025
Canopius hands Paul Hackett expanded role as APAC head of distribution
Expanded role in addition to existing portfolio as head of marine for APAC and Middle East and North Africa (MENA).
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- March 5 2025
‘Any dollar trade could be risky’: sanction complications remain for insurers even as Trump mulls easing curbs
NorthStandard's head of external affairs Mike Salthouse discusses the impact of sanctions, the rise of shadow fleets, and the complexities of insuring maritime operations amid evolving geopolitical tensions.
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- March 4 2025
Allianz APAC P&C business total business volume tops US$2bn
The insurance group's regional total operating profits rose 6% to EUR795 million despite less favourable health claims experience.
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- March 4 2025
Lockton taps Jay Sharma as regional head of specialties, Asia
Sharma will relocate to Singapore from New York and report directly to Asia CEO Tony Hardy, having previously worked for Marsh, Aon, and WTW.
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- March 4 2025
Brisbane on alert as Tropical Cyclone Alfred bears down ‘at a scale not seen in 35 years’
The cyclone is expected to cross the coast later this week with rainfall accumulation totals as high as 600-700mm expected in isolated areas.
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- March 4 2025
IRDAI extends 4% obligatory cession for FY26 renewals
Cession applies to policies attaching in the FY26, and will be placed with GIC Re.
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- March 4 2025
Thailand’s Allianz Ayudhya targets 12% premium growth amid product expansion
The carrier will focus on health, SME and home products, while also growing Allianz Commercial's property, engineering, transportation, and liability offerings for large businesses and corporates.
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- March 4 2025
Japan’s FSA to investigate life carriers’ reinsurance deals with global funds: report
Regulator is concerned about the concentration of reinsurers operating in Bermuda as the trend gains momentum ahead of a new solvency regime being introduced on April 1.
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- March 4 2025
Gallagher acquires New Zealand’s RMA General
Terms of the transaction were not disclosed, Gallagher said in a press release.
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- March 4 2025
Mitsui Sumitomo eyes global cyber expansion with US$30m Coalition investment
Funding builds on the Japanese insurer's strategic partnerships with the cyber specialist MGA in Australia and Japan.
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- March 4 2025
Analytics: Short-tail performance boost for Australia’s P&C carriers
APRA data shows general insurance COR improves in Q4 2024, while profit after tax almost doubles to US$1bn.
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- March 3 2025
Mercer Taiwan president Terence Hsu takes on expanded role as Marsh McLennan Taiwan CEO
Follows Seth Peller's appointment as CEO of Marsh McLennan for Hong Kong and Macau.
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- March 3 2025
Australian MGA Solution Underwriting rebrands as CFC
London-headquartered specialty MGA plans to launch services in liability and tech, media and intellectual property over the coming months following its acquisition of the Australian specialist in April.
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- March 3 2025
Portfolio rejig improving underwriting margins for India’s second-largest non-life general insurer: AM Best
Global ratings agency confirms financial strength rating of B++ (Good) and a long-term issuer credit rating of bbb+ (Good) for ICICI Lombard General Insurance Company.
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- March 3 2025
Allianz Malaysia’s FY24 general insurance GWP rises 13.8% to US$775m
But insurer refrains from issuing profit forecast or guarantee for FY25.
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- March 3 2025
Aon completes acquisition of Mitsubishi Chemical’s in-house agency business in Japan
Aon will provide corporate and personal lines insurance to MCG companies and its employees in Japan.
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- March 3 2025
Allianz Commercial appoints Rosa Ficarra as APAC ART head
Ficarra will relocate from London, and be responsible for new and renewal alternative risk transfer (ART) business in Asia and Australia.
