Country: Asia Pacific Page 196 / 512
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- November 15 2022
Allianz Trade appoints Domenico Lup CEO of Asean
Lup will relocate to Singapore and report to regional CEO Paul Flanagan.
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- November 15 2022
BHSI promotes Craig Taylor to head of property for Australia & NZ
Taylor will continue to be based in Sydney and report to head of Australasia Mark Lingafelter.
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- November 15 2022
Asia carriers review policies as inflation outlook worsens
Regional headline rates remain benign but pressures are growing, including on claims, say WTW, BHSI and McLarens.
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- November 15 2022
Japan’s P&C ‘Big Three’ chart growth via overseas acquisitions
MS&AD, Tokio Marine & Sompo keen for niche strategic deals while ensuring dividend payouts.
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- November 14 2022
Top Australian banks, insurers agree to settle credit insurance lawsuit for US$84m
QBE, Zurich and Colonial Mutual Life are among carriers that have agreed to the settlement in the class action initiated by Slater & Gordon.
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- November 14 2022
QBE recruits from AIG for head of commercial, partnerships
Scott Bunting was most recently AIG's general manager for NSW and ACT.
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- November 14 2022
Data shortfalls could harm Asian cedents during renewals
An increase in nat cats means that data pooling and quality is set to become important during negotiations.
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- November 14 2022
Tune Protect Re expected to diversify over ‘medium’ term
The Malaysian player is likely to sign up with new business partners, according to AM Best.
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- November 11 2022
PGA Sompo’s outlook revised to ‘good’: AM Best
The Makati City-headquartered insurer holds a 3% non-life market share in the Philippines.
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- November 11 2022
Ransomware group targets IRDAI: report
The Indian Computer Emergency Response Team is understood to have been alerted.
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- November 11 2022
FTX collapse puts the focus on crypto insurance
Hong Kong could lead the way for much-needed regulation of the digital asset space.
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- November 11 2022
Evergreen captive sees ‘favourable’ net claims: AM Best
AM Best expects that marine underwriting results will continue to be the main driver of its bottom-line.
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- November 10 2022
Chubb promotes Ben Howell to lead APAC consumer business
The regional head of A&H takes on the role with immediate effect.
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- November 10 2022
ZhongAn’s investment income balances ‘marginal’ underwriting result: AM Best
Investments will continue to be the main driver of profits over the medium term.
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- November 10 2022
Tokio Marine opens digital labs in Singapore, Taipei and Tokyo
The Japanese giant is creating a new ecosystem, inspired by its Brazilian app.
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- November 10 2022
Nepal’s regulator rebrands as new Insurance Bill enacted
The Nepal Insurance Authority, previously known as Beema Samiti, will keep the same board.
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- November 10 2022
ASIC warns insurers of likely surge in claims, seeks higher preparedness
Australian securities regulator said firms need to gear up for the summer as La Nina persists.
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- November 10 2022
China policy push spurs demand for cyber cover
A data privacy law and a new draft cybersecurity insurance framework should help the domestic market.
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- November 10 2022
Charles Taylor strengthens Asia presence with Vietnam office
The loss adjuster will deal with losses in industries such as property, liability, aviation, marine, and engineering services.
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- November 9 2022
Adva Underwriting brings on board Joanne Chan for APAC marine cargo foray
Chan, who joins the specialist MGA in Hong Kong, will focus on bringing additional capacity in the region.
