Country: Asia Pacific Page 204 / 512
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- September 29 2022
Gallagher Re shakes-up APAC senior team
David Bangs takes over as head of Gallagher Re APAC from Robin Swindell, who heads to Tokyo in a senior role.
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- September 29 2022
China Merchants Bank consolidates Hong Kong GI businesses
CMB Wing Lung Insurance to merge with China Merchants Insurance in an all-stock deal.
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- September 29 2022
Axa XL charges up APAC, Europe energy team with Scor hire
Olivier Croese will join the Paris office as product leader for energy and construction.
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- September 29 2022
QBE sells Irish casualty commercial renewal rights to Ascot
Ascot will offer renewal terms on the portfolios and the existing back book policies will remain with the Australian insurer.
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- September 29 2022
Opinion: Australia’s natural disaster fund far from ‘ready’
The US$135m federal government funding should be matched and cross-country coordination improved, as the ICA demands.
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- September 29 2022
Optus cyber loss expected to breach US$1bn
Australian cyber carriers brace for a major hit with potentially multiple insurance payouts as law firms prepare class action suits.
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- September 28 2022
Typhoon Noru rips through South-East Asia as it moves to Thailand via Laos
After slamming the Philippines and Vietnam, the tropical storm is expected cause flooding along the Mekong river.
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- September 28 2022
Insurers shying away from writing new China, Taiwan policies: report
Risk managers are worried a sanctions war between the US and China may restrict capital flow.
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- September 28 2022
Risk pools no panacea for Asia’s secondary peril threat
(Re)insurers need to improve risk selection and underwriting to cope with models that don’t have the same predictive power.
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- September 28 2022
Higher loss ratios driving up China NEV insurance rates: report
Electrical vehicle cover 20% more expensive than conventional cars because they are more prone to fire and parts are more expensive.
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- September 27 2022
Arch Australia lands Allianz’s Daniel Khalil as senior underwriter
The Sydney-based property specialist will be responsible for expanding the insurer's distribution network and diversifying the product portfolio.
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- September 27 2022
Rising D&O claims in Hong Kong may spur market correction
The 'ever-present' US class actions risk piling pressure on policies written for dual-listed companies.
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- September 27 2022
Taiping Re continues Asia expansion: AM Best
The Hong Kong reinsurer is expanding beyond its core market of Greater China.
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- September 26 2022
Hong Kong High Court orders wind-up of Target Insurance
All the in-force policies issued by the taxi insurer are unaffected by the winding-up order, the HKIA said.
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- September 26 2022
Aon signs up Karl Hamann as Indonesia CEO
The former QBE veteran was most recently the chief executive of Papua New Guinea's state-owned insurer.
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- September 26 2022
Typhoon Noru threatens World Bank cat bond default: Plenum
Hundreds of hectares of rice fields and banana crops were destroyed in the Philippines, with the cyclone threatening Vietnam's coffee crop.
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- September 26 2022
WTW eyes Australia trade credit market with senior hire
Sydney-based Alistair Hewson, who will lead the team, has previously worked at Allianz Trade and Atradius.
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- September 26 2022
Zurich joins hands with Piramal for Reliance General Insurance bid: report
The Swiss carrier's JV will compete with PE firm Advent for the general insurance arm of debt-ridden Reliance Capital.
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- September 26 2022
Generali picks new Hong Kong CEO: sources
IAN understands the replacement for Davide Glavina, who left the company after a few months into the role, is awaiting regulatory approval.
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- September 26 2022
Exclusive: Korean carriers DB, Samsung and Hyundai on the hook for Posco’s huge typhoon claims
DB Insurance provided the largest coverage to the steelmaker with around 17% exposure of the risk pool.
