Country: Asia Pacific Page 15 / 16
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- February 9 2024
Chubb’s Greenberg flags up tail risks from Asian geopolitical escalations
In an earnings call following the global carrier's 'the best in the history' fourth-quarter results led by Asia, the chief executive warned of wider global implications of regional conflicts, but reassured that 'all sides are seeking stability'.
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- February 9 2024
Pacific Prime makes Australia foray with senior hire
The broker has appointed Melbourne-based Honan Financial veteran Michael Atta as head of employee benefits.
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- February 8 2024
AIG promotes Scott Spaven as chief executive for Singapore
Spaven has been promoted to the top job from head of commercial insurance & client and broker engagement in Singapore.
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- February 8 2024
Panama Canal drought exacerbates supply chain woes for shippers hit by Red Sea troubles
Marine insurers fear further delays as canal disruptions impact Asian trade routes and the global supply chain as vital Asian goods remain gridlocked, say IUMI executives.
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- February 8 2024
Hannover Re grows APAC treaty book by 10% in 1.1 renewals
Asia Pacific was the fastest growing market for the reinsurer in terms of premium volume, as growth in EMEA and Americas came in lower, at 6.5% and 2.2%, respectively.
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- February 7 2024
WTW promotes Royston Tan to head of health & benefits for APAC
Tan is succeeding incumbent Cedric Luah who will be leaving the firm after a nearly nine-year tenure.
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- February 6 2024
IP risks on the rise as insurers look to APAC’s rising need for cover
As the number of infringement cases and the amount awarded climb, IP-related insurance is drawing more attention from companies in the region.
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- February 6 2024
Asia’s casualty, financial & professional rates see quarterly drop in 4Q 2023: Marsh
Commercial and cyber insurance rates were flat in Asia as insurers' competition heated up, while property rates edged up 2%.
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- February 2 2024
IFRS 17: market still divided over the right KPIs
As insurers gear up for full-year reporting between February and April, experts say that the question remains as to which numbers are going to get the most emphasis.
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- January 31 2024
Philip Johnson named CEO designate for Price Forbes Asia
Johnson will take over from Stephen Britten, who will become executive chairman of the Ardonagh Group (re)insurance broker, in September this year.
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- January 31 2024
Canopius strengthens APAC credit & political risk team with underwriter hire
Sydney-based Dimitri Plastiras, who will be transferred to Singapore later this year, is among four senior hires by the specialty (re)insurer globally for the credit & political risk division.
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- January 31 2024
Asian casualty rates softening but underwriters wary of spike in claims
Though capacity remains abundant for liability lines in the region, carriers remain cautious over rising claims costs and knock-on effects from US and Australian markets.
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- January 29 2024
Howden boosts multinational client focus with Aon’s Mike Baker
Singapore-based Baker will focus on climate and political risks, energy transition, and cyber in his new role.
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- January 29 2024
Howden plans to make ‘a big and permanent splash’ in APAC: M&A chief
Armed with a billion-pound war chest, the broker is working on a ‘forever strategy’ to build a truly global alternative to the big three, says global head of M&A Peter Blanc.
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- January 26 2024
Pace of loss cost inflation is the ‘great unknown’: Marsh McLennan’s Doyle
The group’s insurance broking business in Asia Pacific saw revenues grow 7% to US$1.3bn in FY 2023.
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- January 26 2024
Alternative shipping routes create new risks for (re)insurers
As vessels look for solutions to escalating Red Sea crisis, increasing costs, delays, piracy risks and dangers of regulatory action because of increased carbon emissions present challenges to carriers.
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- January 26 2024
Howden Private Wealth names Benjamin Cheng as global CEO
Cheng was promoted to the global role from being the chief executive of Howden Private Wealth Asia.
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- January 24 2024
Election-packed 2024 revs up appetite for political risk cover
While the appetite for global programs has significantly reduced, single-country appetite remains relatively deep and is expected to see a boost in the product’s popularity over the coming months.
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- January 23 2024
Chris Mackinnon named Lloyd’s regional director with Iain Ferguson set to retire
Mackinnon will start in his new role on April 1, while Ferguson will retire on December 31, InsuranceAsia News can reveal.
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- January 19 2024
Ryan Specialty expands its Asia M&A offering with a Singapore hire
Lawrence Gregory, who was most recently an associate in the M&A practice group Baker McKenzie Wong & Leow, will report to APAC head Marina Sherer.
