Country: Asia Pacific Page 209 / 507
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- August 5 2022
Chubb bullish on Asia prospects after US$5.75bn M&A deal completes
CEO Evan Greenberg eyes cross-selling opportunities as Asia becomes a US$7.5bn region after Cigna deal.
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- August 4 2022
Hannover Re taps Swiss Re’s Sharon Ooi to boost Asia P&C expansion
CEO Jean-Jacques Henchoz says Asia Pacific is "evolving into the world’s largest insurance market."
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- August 4 2022
High Court of Australia to hear BI Covid appeals in October at the earliest: ICA
The Insurance Council of Australia said the market will meet the appeal costs in the ongoing dispute.
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- August 4 2022
Aon appoints Asia director of cyber solutions in Hong Kong
Sabba Manyara was most recently at rival WTW, also in the Special Administrative Region.
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- August 4 2022
Milli Re adds Christine Wong to Singapore underwriting team
Wong is a marine specialist who most recently worked at MS First Capital.
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- August 4 2022
Asia helps ‘big three’ global brokers show Q2 resilience
Aon, Marsh and WTW defy weakening economic outlook and invest for regional growth.
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- August 4 2022
New Zealand’s climate plan urges development of home flood insurance
The country’s first climate adaptation document wants to address affordability of cover.
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- August 3 2022
Non-motor lines bolster Axa’s H1 Asia P&C performance
The Asia arm comprises units across mainland China, Hong Kong, Thailand, Japan and South Korea.
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- August 3 2022
Aviso Broking continues deal spree with Queensland purchase
The broking consolidator has snapped up North Queensland Insurance Brokers.
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- August 3 2022
APAC (re)insurers prioritise pricing amid inflation pressure
APAC non-life GWP and rates will continue to climb, but the pace of growth is a mixed picture across the region.
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- August 3 2022
Urban floods in India, China and Bangladesh spurred H1 cat losses: Swiss Re
Floods in Australia were the costliest cat event in H1 2022 in terms of insured losses.
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- August 3 2022
APAC marine, aviation and transit GWP to hit US$16bn in 2026: GlobalData
The Regional Comprehensive Economic Partnership is set to help spur growth.
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- August 2 2022
Vesttoo appoints former RGA exec as Japan general manager
Kunihiko Iinuma is helping the risk transfer specialist's swift expansion into new markets.
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- August 2 2022
Leslie Chew returns to Zurich for Singapore casualty role
Chew has most recently been head of P&C at Berkley Insurance Asia.
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- August 2 2022
Asia political risk rates to rise as Ukraine crisis bites
Even fairly benign countries such as Indonesia, the Philippines and Thailand could see hikes of 15-20%.
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- August 1 2022
IAG hit with class action lawsuit over Covid BI claims
The action relates to shares purchased in 2020 between March 11 and November 20.
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- August 1 2022
BHSI boosts Australasia transactional liability team with hire from Liberty
Nicholas Ferrari takes up a senior position and will continue to be based in Sydney.
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- August 1 2022
Malayan Insurance COR hampered by fire and cat losses: AM Best
The company reported a five-year average combined ratio of 101.4%.
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- August 1 2022
MGA Rokstone eyes Asia cat market opportunity
The specialty player has regional capacity and wants to expand as pricing hardens and terms improve.
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- July 29 2022
Swiss Re returns to profit as Australia floods add to US$270m H1 nat cat miss
The group saw a Q2 net profit of US$405m, while P&C reinsurance H1 nat cat claims were US$938m.
