Country: Asia Pacific Page 18 / 515
-
- March 3 2025
MSI to improve underwriting profitability, driven by steady rate hikes: Fitch
Global rating agency affirms insurer rating of A+ (strong) with a stable outlook.
-
- March 3 2025
APAC fac demand set to thrive in 2025 as buyers seek solutions for mixed bag of old, new risks
Increased interest in cyber products anticipated as local market continues to mature and specialised products come onstream.
-
- March 3 2025
Thailand’s non-life 2023 underwriting profit at US$380m after US$1.5bn loss in 2022: AM Best
Rebound attributed to a rise in premium income and a decline in claims incurred, the rating agency said in its country report.
-
- March 3 2025
Tune Protect’s insurance revenue up 4% to US$87.2m in FY24
Net insurance service result more than doubled, mainly attributable to improvement in the acquisition cost due to changes in the company's portfolio mix, as well as a lower reinsurance ratio.
-
- March 1 2025
Suncorp to settle class action suit over add-on sales
Settlement must be approved by the Supreme Court of Victoria, but no date has been set for the hearing,
-
- February 28 2025
HDI Global promotes Kirsten Murray to senior property underwriter
Perth-based Murray has been with HDI Global for almost 11 years.
-
- February 28 2025
‘Avoid building in dumb places’: Kiwis want more investment in extreme weather protection
Insurance Council of New Zealand survey shows 'Kiwis want to see more investment in resilience measures', chief executive Kris Faafoi says.
-
- February 28 2025
Australia motor body ‘strongly opposes’, calls for watchdog to reject IAG-RACQ, Allianz-RAAI deals
Australian Competition and Consumer Commission (ACCC) had initiated an investigation into the deals in February.
-
- February 28 2025
Swiss Re’s 1.1 APAC renewals growth slows down
Reinsurer's 2% increase in regional premium volume this year contrasts the 5% growth reported in last year’s January 1 renewals.
-
- February 27 2025
Japan’s deadly heavy snow likely to lead to property, BI claims with limited exposure
Regional loss adjusters tell IAN that record snowfall in Niigata, Ishikawa and Nagano prefectures, as well as other areas of Japan, has already led to travel delays, car accidents and property damage.
-
- February 27 2025
Swiss Re CorSo unveils market units structure, names Robert Hunziker Asia head
Kevin Bates has been designated market unit head for Australia and New Zealand with the new organisational structure set to roll out from June 1.
-
- February 27 2025
Hong Kong’s Nova Insurance H1 FY25 revenue up 8.3% to US$8.1m
Broker expects to record 'very substantial growth' in H2, as revenue from the purchase of Beijing Nova Insurance Services will be counted.
-
- February 27 2025
Exclusive: Circles Group hands Julie Quach, Kenneth Tan expanded roles as Asia co-regional directors
Quach is in the process of being appointed Hong Kong responsible officer, while Tan has assumed the role of responsible officer for Singapore.
-
- February 27 2025
QBE Asia makes wholesale market foray with Ronak Shah as CEO
Shah will retain his position as CEO of QBE Singapore until his successor is found.
-
- February 27 2025
Australia’s WA, SA, Victoria at heightened risk of autumn bushfires: AFAC
National Council for Fire & Emergency Services (AFAC) says the 'fire season in these areas may go a little longer this year'.
-
- February 27 2025
First for APAC as Canopius backs Qubit on digital asset offering
The Hong Kong-based crypto specialist MGA has been approved as a Lloyd's coverholder to distribute digital assets insurance in Asia Pacific.
-
- February 27 2025
As ‘direction of travel’ shifts, attention turns to APAC terrorism pools in wake of UK changes
Decision by Pool Re to move to a more commercial model poses questions for Australian and Indian schemes.
-
- February 26 2025
Howden strengthens Western Australia presence with Major acquisition
Major Insurance Services will play an integral part in the broker's regional business, and will continue to operate from its Bunbury office.
-
- February 26 2025
Seadrif to establish Southeast Asia agricultural risk finance facility through Asean partnerships
Southeast Asia Disaster Risk Insurance Facility and Food and Agriculture Organization of the United Nations will conduct a pre-feasibility assessment and work with six countries to assess gaps and implement arrangements for climate investments.
-
- February 26 2025
Insurance Authority welcomes ILS pilot grant scheme extension in Hong Kong budget
Government extends scheme for insurance-linked securities (ILS) for three years, following 'favourable' response, Financial Secretary Paul Chan says.
