Country: Asia Pacific Page 191 / 503
-
- October 27 2022
Policy wording failure key reason for Covid BI exposure: APRA
Insurers dithered because of a perceived “first-mover'' disadvantage of losing business if policies were adjusted to reflect Quarantine Act changes.
-
- October 26 2022
Tower trials parametric cyclone cover in Fiji
While the island country is heavily exposed to cyclones, fewer than 10% of Fijian households have insurance.
-
- October 26 2022
Chubb promotes Jennifer Vanek to senior Australia global broker role
She has been at the insurer for five years working across product, distribution and key accounts.
-
- October 26 2022
Canopius’ Newman: APAC demand and economic fundamentals ‘still very strong’
The APAC CEO tells IAN about the carrier’s regional expansion as it embarks on its next five-year plan.
-
- October 26 2022
Japan inland flood losses to rise 50% by 2050, JBA models show
The flood modelling specialist has launched a set of global climate change tools for flooding in every country.
-
- October 26 2022
Australia formalises US$630m special disaster fund
The Labor government’s first budget announced additional measures to strengthen insurance framework.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
