Country: Asia Pacific Page 207 / 526
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- December 2 2022
Insurers keen to experiment with metaverse despite scepticism
Industry leaders at the Pacific Insurance Conference agree that while the opportunity looks big, it requires further investments for wider adoption.
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- December 2 2022
Japan’s insurers to improve profitability from domestic underwriting in 2023: Fitch
All three major non-life groups’ net insured losses from local nat cats more than tripled in H1 2022/3.
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- December 1 2022
Howden assumes full ownership of Australian subsidiary AlphaXO
The Sydney-based marine specialist, earlier known as FP Marine Risks, has been part of the global broking group since 2007.
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- December 1 2022
Miller hires from Aon in Asia marine push
Choo Cai Ling joins the broker's Singapore marine team and will report to Nick King, the head of the division.
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- December 1 2022
Honan Insurance acquires logistics expert ATIA
The Melbourne-based target, which will continue to use its brand, also offers financial and political risk advisory.
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- December 1 2022
FWD launches Malaysia insurtech fund
The US$10m fund will invest in emerging start-ups in the insurtech and Islamic fintech space.
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- December 1 2022
Generali’s Rob Leonardi eyes leading market position in Malaysia
As the insurer triples its regional P&C revenue, it is also in advanced talks to find new Indian JV partners.
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- November 30 2022
Australia floods: insurers settle US$2.37bn in 2022 claims
About 69% of the 237,000 claims raise this year have been settled to date, according to data from the Insurance Council of Australia.
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- November 30 2022
SMBC Aviation starts litigation against 11 insurers over jets in Russia
The Japanese lessor, which had recognised a US$1.6bn impairment this year, has filed a suit in the Irish High Court seeking claims for its 34 planes.
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- November 30 2022
Tokio Marine-backed ICEYE in Asia nat cat data push
The Finnish satellite tech provider, which offers disaster claims management services, is looking to expand beyond Australia and Japan.
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- November 30 2022
Aon shakes up APAC reinsurance leadership
Robert De Souza to take charge as regional president, Reinsurance Solutions and John Carroll to succeed him as Australia and New Zealand CEO.
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- November 30 2022
Steadfast-owned Insurance Brands Australia snaps up Victoria broker
The Mattiske & Henderson acquisition is the broker's second deal in two weeks following its Aus Insurance buy earlier this month.
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- November 30 2022
Zurich relocates UK exec as Australia property and marine head
Evan Moore will start in the newly created Sydney-based role in February.
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- November 29 2022
QBE’s underwriting profitability likely to moderate: Fitch Ratings
The Australian giant improved its combined ratio to 82% in H1 2022, but inflation and reinsurance costs are increasing.
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- November 29 2022
Insurtech Igloo eyes M&A as it raises US$27m in Series B extension
The Singapore-based firm recently launched a parametric Weather Index insurance product in Vietnam.
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- November 29 2022
Suncorp names reinsurance manager for responsible investment
Rachel Yao has most recently been a senior capital and reinsurance specialist at the insurer.
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- November 29 2022
Lloyd’s remains committed to India with new syndicates expected
Sharp growth forecasts and regulatory easing add to the allure of the market, says India CEO.
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- November 29 2022
IRDAI approves Go Digit’s IPO
The Fairfax-backed insurer will raise about US$440m from the public offering.
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- November 29 2022
Indian agri insurance start-up Kshema gets regulatory nod
The digital rural insurer is the first to get a carrier licence in five years; IRDAI said there are 18 applications in the pipeline.
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- November 29 2022
Korea’s Construction Guarantee Insurer’s outlook stable over strong capital: Fitch
The carrier's A rating with stable outlook was affirmed due to its ‘very strong’ capitalisation backed by state support.
