Country: Asia Pacific Page 203 / 507
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- September 7 2022
MS Amlin boosts APAC underwriting and claims with five Singapore hires
Alex Wang, Jason Tan, Srinath Iyer, Kris Gwee and Joash Tan have all joined the team.
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- September 7 2022
FM Global’s James Thompson becomes APAC leader as trio promoted
Tan Hian Hong and Andrew Stafford also handed senior operational roles.
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- September 7 2022
LK Re eyes South-East Asia expansion with Singapore launch
The South Korean broker has eight employees in its new office in the Lion City.
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- September 7 2022
China Re names He Chunlei as new chairman: report
He was recently appointed as party committee secretary of the company.
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- September 7 2022
Atele Toma to lead Allied World’s APAC A&H underwriting
Former Arch underwriter will oversee the business across Singapore, Hong Kong and Australia.
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- September 7 2022
Supply squeeze pushing up Asia nat cat treaty pricing
After TMK and Axis Re exits, hardening market drives cedants to alternatives such as ILS, parametric or structured solutions.
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- September 7 2022
Milliman appoints Ouling Lu as regional head for product propositions
The former Allianz exec will be in charge of South-East Asia, India and Hong Kong for life products.
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- September 6 2022
Revenues at Hong Kong’s Nova grew 16% in FY 2022
The broker reached a HK$100m revenue milestone due to a number of 'sizeable' construction projects.
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- September 6 2022
McLarens New Zealand rejigs senior roles
Danie Keyser has been promoted as head of specialist services and Tim Head has been named northern regional manager.
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- September 6 2022
Rising litigation funding drives higher claims costs in Australia
Social inflation remains far harder to predict than economic inflation.
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- September 6 2022
Sri Lanka Insurance’s underwriting profits to suffer from inflation: Fitch
The P&C insurer has limited ability to reprice policies due to the economic crisis in the country.
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- September 5 2022
Canopius snaps up Zurich’s Megan Shao to head APAC claims
Shao is based in Singapore and joins following the specialty (re)insurer's strategic restructure.
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- September 5 2022
Macau Insurance’s top-line to be hit by slowdown and dim gaming prospects
The carrier's GWP was down 10% in 2021 but overall combined ratio remained at a healthy 89%.
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- September 5 2022
Chubb’s David Morrow relocates to New Zealand as head of P&C
The former head of Japan P&C is also responsible for financial lines in his new role.
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- September 5 2022
Toa Re’s NWP grew 5% on strong overseas business in 2021: AM Best
The Japanese reinsurer's underwriting was impacted by nat cat losses and 'extraordinary' incidents, but its financial rating remains 'excellent'.
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- September 5 2022
‘Singapore marine market will replace exiting Lloyd’s capacity’
Marine hull underwriters are stepping up offerings and announcing growth plans as pricing levels off, says Latitude’s Matt Cannock.
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- September 2 2022
Guy Carpenter signs up Les Loh for South-East Asia, Korea role
The former Axis Re Asia Pacific president will join the broker in October.
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- September 2 2022
Dual promotes Michael Ussher to Asia Pacific deputy CEO
The MGA has also appointed Jane Cullen as CIO for APAC.
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- September 2 2022
China P&I exploring South-East Asia markets for diversification: AM Best
The rating agency has assigned the club a financial strength rating of A- (excellent).
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- September 2 2022
Analytics: Inflation and climate change ramp up pressure on APAC reinsurers
A confluence of issues is leading to higher nat cat claims and reserve deficiencies.
