Country: Asia Pacific Page 2 / 491
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- February 3 2025
Great American elevates Vanessa Teo to deputy CEO of Singapore branch
Teo, most recently chief financial and operating officer, will continue to oversee finance and operations of the carrier's only Asian office, while also taking on broader strategic responsibilities.
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- February 3 2025
With market in its adolescence, Lloyd’s seeks to address growing pains of ‘other cyber’ risks
Lloyd's Market Association framework addresses aggregation and exposure risks of systemic scenarios that have not been heavily modelled.
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- February 3 2025
India to remove FDI cap for foreign insurers
Limit for the sector will be increased to 100% from 74% for companies that invest the entire premium in India.
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- February 3 2025
Crawford Australia strengthens account management team with QBE hire
Mark McDermott, who joins the loss adjuster as key account manager in Adelaide, will build strategic connections within the broker community.
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- February 2 2025
ICA declares significant event for northern Queensland floods
Flooding and storms have mostly affected Australian communities in Townsville, Innisfail, Ingham, Gordonvale and Cardwell.
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- February 1 2025
IAG to release US$125m from provisions after favourable court decree
Carrier will include the released amount in the 'net corporate expense’ line in the financial results for the six months to December 31, 2024.
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- January 31 2025
Steadfast-owned brands Network Insurance Group and Insurance House merge
Andrew Broughton, current chief executive officer of Network Insurance Group, will assume the leadership of the combined entity.
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- January 29 2025
MS Amlin expands Phoenix Re capacity to US$90m in fifth renewal
Strong performance, rising investor interest in Asia cat risk drives demand for insurer’s Singapore-based sidecar.
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- January 29 2025
Exclusive: Liberty India to enter specialty market with surety buildout as interest grows
Liberty Mutual's joint venture is planning to launch the new line in the next few months, the carrier exclusively confirms to IAN.
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- January 28 2025
Sompo promotes Jasmine Chan to senior VP for APAC ceded reinsurance
APAC CEO Kenneth Reilly tells IAN Chan has 'an extensive knowledge of Sompo’s product offerings and the APAC market dynamics'.
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- January 28 2025
Australian MGA Agile hires industry veteran Richard Hardy to head property
Agile Underwriting launched a property line backed by its Lloyd's syndicate, AUS 2427, in November.
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- January 28 2025
Dual promotes Marc Karapanovic to cyber lead for New Zealand
Auckland-based Karapanovic will lead the development of SME cyber on the MGA's trading platform.
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- January 28 2025
‘Nimble’ Thomas Miller-backed MGA targets APAC marine, energy ‘grey areas’
Navata, supported by Lloyd's and HDI Global capacity, is following its clients' transition from oil and gas to renewables, says Singapore lead Mark Nunn.
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- January 27 2025
The Hartford continues Lloyd’s Asia buildout with senior appointment
Shuohan Dai joins as senior underwriter for credit and political risk following the carrier's launch of its Syndicate 1221 earlier this month.
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- January 27 2025
China Taiping, subsidiaries to benefit from government support: Fitch
Fitch has affirmed 'A' rating with negative outlook for all non-life entities except Taiping Re, which has been given stable outlook on its credit profile and strong underwriting performance.
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- January 27 2025
AIG taps Allianz Commercial’s Ciarán O’Shaughnessy as APAC head of casualty
O'Shaughnessy, who was most recently APAC head of liability for Allianz Commercial, is returning to AIG having left the company in 2016 for BHSI.
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- January 27 2025
Howden confirms Steve Hutchinson’s appointment as chief broking officer for Hong Kong
Hutchinson will focus on expanding capabilities in key sectors, including construction, multinational clients and large complex accounts, as first reported by IAN.
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- January 27 2025
Generali expands in India with GC&C unit, names Shib Shankar Saha as head
Commercial insurance arm of Italian insurance group will operate within Future Generali India, with Saha reporting to Axel Roesner, head of GC&C Asia.
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- January 27 2025
China issues EV insurance guidelines, mulls risk classification system: report
Shanghai Insurance Exchange also launches insurance platform dedicated to the EV sector.
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- January 27 2025
Peak Re promotes trio to managing directors
Hong Kong-headquartered reinsurer elevates Sudhir Salian, Chenwei Li and Kathleen Koh, the company exclusively confirms to IAN.
