Country: Asia Pacific Page 149 / 502
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- June 9 2023
BHSI promotes Dimitry Zilberud to head of marine – retail, Australasia and US
Zilberud was most recently Berkshire Hathaway Specialty Insurance's head of marine, Australasia.
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- June 9 2023
China targets global cedents with Shanghai reinsurance hub
The international board, launched on June 8, rolls out incentives for international (re)insurers to tap the country's capital.
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- June 9 2023
Beazley, Markel and Newline launch Asia D&O pool
The Lloyd's pool will have US$30m capacity per risk and a single contact for claim management.
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- June 9 2023
Gallagher Australia recruits Richard Malton to bolster mining capabilities
Brisbane-based Malton joins from Marsh and is a mining sector specialist.
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- June 8 2023
GIC Re set to appoint Ramaswamy Narayanan as chairman
The government will also appoint United India Insurance general manager Rajeswari Singh as chairman and managing director of National Insurance.
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- June 8 2023
Sri Lankan insurers’ profits to be hit by inflation, currency devaluation: Fitch
Underwriting profit for P&C insurers to be squeezed by rising motor spare-part costs, while sparse foreign-currency liquidity is hampering firms.
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- June 8 2023
Dual targets cyber growth in Australia and New Zealand with Marsh hire
Melbourne-based Samuel Rogers becomes the MGA's first head of cyber for the countries and reports to Damien Coates, Asia Pacific CEO.
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- June 8 2023
Looming El Niño raises risk of secondary perils across APAC
Carriers look to innovate as countries across the region fear dry conditions, drought, forest fires and flash floods with (re)insurers on high alert.
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- June 8 2023
QBE joins New Zealand EQC to expand cat insurance programme
The carrier will be the ninth insurer to partner with the earthquake commission when it starts on July 3.
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- June 8 2023
Neil Dempsey joins 360 Underwriting Australia as head of property, mid market
Sydney-based Dempsey joins from a rival MGA and will work with Jonathan Moss, executive director, mid-market property.
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- June 7 2023
Guy Carpenter hires ex-Scor CEO to head EMEA, India and global capital solutions
London-based Laurent Rousseau will report to the reinsurance broker's president and CEO Dean Klisura.
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- June 7 2023
ICA unveils 187 Disaster Ready Fund projects for disbursement
The Australian industry association says the US$267m resilience investment for items such as flood levee design and improved hazard data and mapping marks a new era and will help reduce premium pricing.
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- June 7 2023
Asian carriers on the hook from ‘hundreds of millions’ of Guam typhoon claims
Tokio Marine, MS&AD, DB and Chung Kuo among hit as Typhoon Mawar caused extensive property damage, but high deductibles could help keep losses down.
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- June 6 2023
Axa rejigs leadership team, Gordon Watson becomes Asia non-exec chairman
With the reshuffle, Japan and Greater China will report to George Stansfield, group deputy CEO, while South-East Asia and India will be overseen by Hassan El-Shabrawish, CEO of international markets.
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- June 6 2023
Jerald Leung joins The Hartford as financial lines senior underwriter
Hong Kong-based Leung joins specialty arm Navigators from Starr Insurance, and will report to Ethan Tay, APAC head of financial lines.
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- June 6 2023
Arch Insurance appoints Lucy Wood as northern region manager for A&H
Sydney-based Wood will manage the portfolio and the underwriting team for the region, including New South Wales, the Australian Capital Territory and Queensland.
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- June 6 2023
Target Insurance to raise US$680m through its UAE arm Himalayas Insurance
The owner of the liquidated Hong Kong taxi insurer is eyeing a resumption of business with its new Middle Eastern venture.
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- June 6 2023
WTW hires Alex Bursak for new APAC trade credit role
Singapore-based Bursak was previously business development director and APAC head of trade credit at tech firm LiquidX.
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- June 6 2023
Despite the buzz, Korean insurance M&A slow to take off
A consolidated market, low valuations and lack of sizeable targets make dealmaking hard in the north Asian country.
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- June 5 2023
Australian cyber specialist Emergence Insurance launches in New Zealand
The MGA's new branch will be led by Fraser Walker, who joins as business development manager from AIG New Zealand.
