Country: Asia Pacific Page 208 / 507
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- August 11 2022
Scott Jerome takes over as head of Brooklyn Underwriting
Jerome is joining from his role as head of operations at Axa XL in Australia.
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- August 11 2022
Chubb Singapore appoints head of claims and head of transformation
Kho Yen Wei and Norma Wu have been tasked with improving efficiency.
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- August 11 2022
Powerful and unusual hailstorm dents Japan’s ‘big three’ Q1 results
The insurance giants saw losses of US$610m from freak storm in addition to Ukraine impact.
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- August 10 2022
Mitsui Sumitomo seals US$400m Transverse deal
The fronting carrier gives the Japanese insurer access to the US$66bn American MGA market.
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- August 10 2022
Aon confirms Sucheng Chang as head of Hong Kong
The move for the ex-Liberty Mutual chief distribution officer was first reported by IAN in May.
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- August 10 2022
Lloyd’s Asia upbeat on growth despite Argenta exit
Thomas Haddrill, Lloyd's Asia Interim CEO, says they are looking forward to welcoming new syndicates in 2022 and 2023.
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- August 10 2022
FWD GI’s improved COR could be impacted by higher IT spend: Fitch Ratings
The Hong Kong P&C player is gradually exiting group medical business.
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- August 10 2022
Seoul flooding leaves Korean P&C players facing thousands of claims: report
Insurers including Samsung Fire & Marine and DB Insurance said the damages amount to several billion won.
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- August 9 2022
Japan and India drive up Munich Re’s 1.4 renewals
H1 operating profits down 34% on Australian flood hit and poor investment returns.
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- August 9 2022
Underwriters remain selective over APAC renewables
Despite a rapidly growing opportunity in the region, capturing profit can be tough.
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- August 9 2022
Chubb promotes Serene Neo to head of Singapore consumer lines
Neo reports to Kevin Bogardus, country president for Chubb Singapore.
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- August 8 2022
Argenta ceases writing business on Singapore platform
The Australian operations at the Lloyd's firm will be unaffected by the decision.
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- August 8 2022
BHSI launches Australasia commercial hull line with ex-QBE hire
Jake Hesson will help expand the specialty player's marine product portfolio.
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- August 8 2022
Suncorp’s profits fall 34% on nat cats amid US$1.7bn of reinsurance recoveries
The group missed its full year nat cat target by US$70m and had an investment loss of US$131m.
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- August 8 2022
Sompo Japan and Space BD team up for satellite launch cover
The companies want to launch more products related to lunar transportation.
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- August 8 2022
Allianz sees H1 P&C revenue decline in China but rise in Australia
Westpac GI integration in Australia helped GWP but it was hampered by Chinese economic conditions.
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- August 8 2022
AM Best upgrades Singapore Re after Fairfax support and positive 2021 result
The reinsurer's underwriting performance improved after reserve releases.
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- August 8 2022
Australian floods dampen reinsurers’ H1 results as secondary perils drive losses
Munich Re, Swiss Re, Hannover Re and PartnerRe were among firms hit by the wild weather.
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- August 5 2022
China Re estimates H1 profit to slide 40-50%
The reinsurer attributed the drop largely to a decline in investment income.
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- August 5 2022
Crawford hires former McLarens exec as head of loss adjusting, GBA
Jackson Zeng is based in the firm's Guangzhou office.
