Country: Asia Pacific Page 180 / 492
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- October 26 2022
Australia formalises US$630m special disaster fund
The Labor government’s first budget announced additional measures to strengthen insurance framework.
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- October 25 2022
Aon elevates William Pembroke to Thailand CEO
He replaces the broker's country leader of three decades Andrew Bentley, who moves to a senior consultant role.
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- October 25 2022
HKIA working with CIB to support brokers eyeing GBA
Insurance Authority's Stephen Yiu, Chubb's Doug White, Howden's Mark Johnson and veteran Adrian King shared views at the annual brokers' conference.
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- October 25 2022
Analytics: APAC nat cat damage 43% below average for H1
Flooding in Australia/China and an earthquake in Japan accounted for nearly half of these losses.
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- October 25 2022
ICA estimates 9,251 insurance claims from ongoing floods
Record property damage, road, public infrastructure and sheer volume of water, likely says Victoria’s premier as rains continue.
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- October 24 2022
WTW recruits senior Marsh exec for head of P&C Australasia role
Robert Lasovski had been at Marsh for over 20 years and was most recently Australia national corporate & commercial leader.
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- October 24 2022
Dah Sing Insurance expanding into construction all risks, mortgage cover
The company is reducing its offshore inward reinsurance portfolio amid a capital and surplus decline by US$30 million in the first half of 2022, according to AM Best.
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- October 24 2022
Asta set for Lloyd’s Asia foray
The third-party managing agent's group director Julian Tighe tells IAN its clients want to trade in South-East Asia.
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- October 21 2022
Thomas Haddrill promoted to Lloyd’s Asia CEO
Joshua Lynch named Lloyd's regional market development manager, Asia Pacific, Middle East & Africa.
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- October 21 2022
Cathay Financial to inject US$300m into Cathay Century
The fundraise will help the Taiwanese P&C player absorb rising losses on pandemic policies and mark-to-market losses on their investments.
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- October 21 2022
Warburg Pincus commits US$350m for ‘buy-and-build’ South-East Asia P&C digital player
IAN recently revealed that the new company, to be called Oona Insurance, had completed an acquisition in the Philippines.
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- October 21 2022
Governments hold back APAC carriers’ green transition
Many regional (re)insurers are hesitating to ditch fossil fuels faster than their national policies dictate.
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- October 21 2022
Australian general insurers well capitalised despite monster flood: APRA
The industry maintained a coverage ratio of 1.7x the minimum requirement, the regulator’s annual report showed.
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- October 20 2022
Peak Re bolsters retrocession team with Kenneth Ip
The former associate director at Aon's reinsurance arm joins as assistant vice president in Hong Kong.
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- October 20 2022
MGA Fusion reinforces M&A underwriting with Aon duo
Hui Ling Wong joins as a senior partner in Hong Kong and Yen Lin Ee as a partner in Singapore.
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- October 20 2022
HDI Global Specialty makes Mark Fleiser Australia MD
Fleiser was most recently general manager and is based in Sydney.
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- October 20 2022
Robust deal pipeline spurs demand for Asia M&A cover
Excess capacity seems to be readily available despite volatility and over-reliance on a small group of insurers.
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- October 20 2022
Insurtech Coherent in C-suite shake-up with new Asia CEO
Joel Lim, who leads 'go-to-market' strategy, will become the regional chief executive.
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- October 20 2022
HKIA welcomes policy proposals to facilitate cross-border GBA cover
Hong Kong chief executive John Lee is targeting after-sales insurance service centres in Nansha and Qianhai.
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- October 19 2022
ICA escalates Australia floods to ‘insurance catastrophe’
Insurers have received 6,350 claims from across Victoria, New South Wales and Tasmania.
