Country: Asia Pacific Page 209 / 492
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- April 20 2022
Asia hit with US$15bn nat cat losses in Q1: Aon
Economic losses were higher than in any other region during the first quarter.
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- April 19 2022
Sedgwick appoints Nigel Cook as head of major and complex loss in Asia
Cook's previous roles include positions at British Steel and the American Bureau of Shipping.
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- April 19 2022
Asian ILS off to a slow start in 2022
After a record 2021, issuance of insurance-linked securities totalled just US$262m in Q1.
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- April 19 2022
APAC broker M&A to stay on the boil
Xenia, WTW, AUB Group and Gallagher are just some of the firms looking to expand in the region.
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- April 15 2022
Queensland, NSW flood claims top US$1.8bn: ICA
RACQ's head of claims says it is one of the worst natural disasters in Australia's history.
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- April 15 2022
Fosun makes P&C insurer sale
The Chinese conglomerate bought the US firm for US$433m eight years ago.
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- April 15 2022
HKIA resumes full service as city ‘opens’ up
The 'fifth wave' of the virus appears under control with gyms, cinemas and theme parks set to open.
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- April 14 2022
IAG exec issues climate change warning for Western Australia
Mark Leplastrier, executive manager for natural perils, says the market is investing in research.
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- April 14 2022
Insurers face rising non-payment risk in China
Ukraine crisis, high commodity prices, rising interest rates and the latest surge in Covid-19 cases are all factors.
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- April 14 2022
Tropical Storm Megi causes property losses
The weather event has triggered extensive damage and left 80 dead in the Philippines.
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- April 13 2022
Xenia takes majority stake in HK’s Capstone Insurance Brokers
The deal for the financial lines and digital assets broker is the UK specialty broker's first overseas.
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- April 13 2022
Asia’s agri market sees parametric growth
The sector is faced with a significant protection gap that needs more innovative underwriting.
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- April 13 2022
KKR acquires 9.99% stake in India’s Shriram
The deal for the stake in the P&C player was worth around US$237m.
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- April 13 2022
Zurich’s Malaysia takaful arm promotes head of sales to CEO
Malaysia's takaful market has been growing at a breakneck speed over the past decade.
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- April 13 2022
Tokio Marine’s GCube opens Sydney office
The specialist insurer underwrites renewable energy products -- a fast-growing sector in APAC.
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- April 12 2022
Vivek Nath to lead WTW India as acquisition completes
The broker now directly employs over 4,000 people in the country.
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- April 12 2022
China: Lure of cross-border reinsurance grows on nat cat spike
Players - including Allianz Re, Swiss Re and Peak Re - set to benefit.
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- April 11 2022
Munich Re and OneDegree launch digital asset insurance in Asia
This is the first time an Asian insurer has teamed up with a global reinsurer to offer the cover.
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- April 11 2022
Marsh appoints CEO for Thailand
Current CEO Simon Cooling is relocating to Australia for a new client role with the broker.
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- April 11 2022
Net-zero affecting capacity in Asia
Brokers say that net-zero commitments are starting to affect pricing.
