Country: Asia Pacific Page 192 / 492
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- August 16 2022
Companies scramble for talent as market rebounds
Asia growth plans on hold as roles in financial lines, energy and construction hard to fill.
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- August 15 2022
QBE’s Hong Kong GI partnership with Hang Seng Bank expires: report
The Australian insurer could also agree a new bancassurance deal.
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- August 15 2022
Skuld drops anchor in Japan with Tokyo office
Norwegian marine insurer brings on board ex-Japan P&I Club team led by Jinsung Son.
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- August 15 2022
Seoul flooding hits P&C players with ‘material’ losses
Claims from the record downpour expected to top US$115m.
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- August 15 2022
TMK committed to Asia growth despite treaty reinsurance exit
The strategic rejig will cut two roles in Singapore.
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- August 15 2022
China BOCOM Insurance’s loss ratio recovers in 2021 as A&H claims improve
The Hong Kong insurer COR has remained at around 100% over the past five years.
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- August 12 2022
IAG places ‘largest’ nat cat allowance as underwriting profit falls 5%
Weather claims "more than doubled" in FY 2022 across Australia and New Zealand.
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- August 12 2022
Piotr Nowakowski takes charge as Peak Re chief underwriting officer
The market veteran joined the Hong Kong reinsurer in January.
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- August 12 2022
China’s property crisis weighs on (re)insurers
Amid a slow growth environment, losses on corporate bond portfolios raises questions about the wider threat to market.
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- August 12 2022
P&C boosts Zurich’s H1 APAC profits
Regional COR improved to 91% as firm benefited from travel rebound with profits climbing 30%.
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- August 12 2022
Renae Gilbert starts at Axa XL as senior property underwriter
Sydney-based Gilbert joins from Australian carrier Vero Insurance.
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- August 11 2022
QBE COR climbs to 94.1% as H1 profits slump 66%
US$840m in investment losses due to wider credit spreads and market volatility.
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- August 11 2022
Scott Jerome takes over as head of Brooklyn Underwriting
Jerome is joining from his role as head of operations at Axa XL in Australia.
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- August 11 2022
Chubb Singapore appoints head of claims and head of transformation
Kho Yen Wei and Norma Wu have been tasked with improving efficiency.
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- August 11 2022
Powerful and unusual hailstorm dents Japan’s ‘big three’ Q1 results
The insurance giants saw losses of US$610m from freak storm in addition to Ukraine impact.
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- August 10 2022
Mitsui Sumitomo seals US$400m Transverse deal
The fronting carrier gives the Japanese insurer access to the US$66bn American MGA market.
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- August 10 2022
Aon confirms Sucheng Chang as head of Hong Kong
The move for the ex-Liberty Mutual chief distribution officer was first reported by IAN in May.
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- August 10 2022
Lloyd’s Asia upbeat on growth despite Argenta exit
Thomas Haddrill, Lloyd's Asia Interim CEO, says they are looking forward to welcoming new syndicates in 2022 and 2023.
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- August 10 2022
FWD GI’s improved COR could be impacted by higher IT spend: Fitch Ratings
The Hong Kong P&C player is gradually exiting group medical business.
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- August 10 2022
Seoul flooding leaves Korean P&C players facing thousands of claims: report
Insurers including Samsung Fire & Marine and DB Insurance said the damages amount to several billion won.
