Country: Asia Pacific Page 168 / 503
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- March 6 2023
Tower places reinsurance reinstatement cover
Tower said it now maintains sufficient protection for two additional catastrophe events in FY 2023 following the Auckland flooding and Cyclone Gabrielle.
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- March 3 2023
Swiss Re, Aon team up for parametric earthquake cover for Nepal hydropower project
This is the first time that the IFC and other developmental agencies have agreed to finance a construction project backed by parametric insurance.
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- March 3 2023
Saga calls off Acromas sale talks with Australia’s Open
The Sydney-based digital insurer was reportedly leading the race for the UK insurance group's personal lines underwriting arm.
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- March 3 2023
Gallagher Re hires Shilpa Pankaj as APAC agriculture co-head
Based in Singapore, the former Guy Carpenter exec will also co-head agriculture for EMEA and Latin America alongside David Gregori.
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- March 3 2023
Lexasure plans regional (re)insurance expansion after US$250m SPAC deal
The group, which owns broker Acurra International, Front Street Re and the Archipelago Group, is expected to start trading on Nasdaq later this year.
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- March 2 2023
Scor’s combined ratio deteriorates to 113.2%, GWP climbs 4.9% to US$21bn
The French reinsurer's 2023 estimated gross premium income from Asian emerging markets is down to 10% from 12% last year.
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- March 2 2023
Himalayan Re expected to complete US$23m IPO this month: AM Best
The rating agency has placed the Nepalese reinsurer’s rating under review with positive implications due to the proposed listing.
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- March 2 2023
HDI Global grows its Asean presence with Bangkok office
The new regional division will be led by Somchai Trongwisalpattana who joins HDI Global as marketing director.
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- March 2 2023
Nexus appoints Hong Kong general manager and head of marine Asia
Oliver Miloschewsky was most recently client development director at Concirrus.
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- March 2 2023
Fac to the fore in Asia as treaty turbulence continues
"The general consensus is that people have not seen a market like this before," says Miller's Ron Whyte.
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- March 1 2023
BMS acquires Sydney broker Armstrong Nisbet
Armstrong Nisbet Insurance Brokers is a construction and engineering specialist that has insured iconic projects such as the Sydney Opera House.
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- March 1 2023
Canopius expands Australia operations with Melbourne office
The new hub will be led by David Mutton who joins the specialty (re)insurer from Axa XL as casualty underwriter, Asia Pacific.
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- March 1 2023
Nathaniel Simpson to step up as Youi’s new CEO
The chief product officer is taking on the role in July to replace Hugo Schreuder who is retiring.
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- March 1 2023
MS&AD CEO’s talks of selling overseas units puts MS Amlin in spotlight
The Japanese giant's chief executive Noriyuki Hara told Nikkei that the firm is considering withdrawal from some five locations where ROE is less than 6%.
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- March 1 2023
Four insurers preparing GBA one-policy motor cover: report
Ping An, China Taiping, Zurich and Asia Insurance are looking to take advantage of a HK/Guangdong travel scheme.
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- February 28 2023
Tower’s reinstatement talks in progress for two more nat cat events
While the Auckland floods cost will be covered by reinsurance, Gabrielle claims are also likely to trigger the Kiwi carrier's cat reinsurance cover with an excess of US$7.3m.
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- February 28 2023
Everest Re names Kevin Bogardus Singapore chief executive
Bogardus has been Everest Re's APAC head of business development since September.
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- February 28 2023
McLarens taps Sedgwick for Hong Kong managing director
Amen Chiu, a loss-adjusting veteran, has expertise in handling complex property, casualty and BI claims.
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- February 28 2023
Hong Kong ends mask mandate from March 1
The SAR is set to host several major events in March, including music festival Clockenflap, Art Basel and the Hong Kong Sevens.
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- February 28 2023
Amwins takes minority stake in Australia MGA incubator
The global broker is investing in Rhodian which is building a network of underwriting agencies through its own technology and capacity relationships.
