Country: Asia Pacific Page 129 / 501
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- September 8 2023
Marsh HK’s Duncan Stockley heads risk management client services as Nick Cousins continues as chief client officer
Stockley's new position is concurrent with his head of placement and specialties’ roles, while Cousins will concentrate on clients.
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- September 8 2023
AIG hires BHSI’s senior exec Kathleen Warden as head of client and broker engagement, APAC & Australia
She will continue to be based in Sydney and is scheduled to begin the new assignment with effect from September 12.
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- September 8 2023
Howden snaps up Auckland-based IUNZ
Insurance Underwriters NZ operates as a financial advice provider for Apex Insurance, dealing with Tower Insurance products.
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- September 7 2023
Vesttoo investigation blames CEO, 3 senior execs, China Construction Bank and Standard Chartered staff for fraud
Interim CEO says it plans to sue the former employees named in the report and the Chinese bank, according to a first interim report with the US court identifying the people behind the forged letters of credit.
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- September 7 2023
Seoul Guarantee Insurance plans Hong Kong, Singapore IPO roadshows
The state-owned insurer plans to hold domestic and international investor meeting till the middle of next month for listing as early as November.
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- September 7 2023
Chubb Singapore’s Jerry Ng to lead consumer and bancassurance, Eric Kwan handed distribution role
Both Ng and Kwan will report to Hng Keng Yoong, GI country president for Chubb, in their expanded roles.
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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.
