Country: Asia Pacific Page 211 / 492
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- April 4 2022
Evergreen declares general average for stricken Ever Forward
The firm has hired adjuster Richards Hogg Lindley as it seeks to free the Hong Kong-owned vessel.
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- April 4 2022
Japan renewals orderly amid new capacity
After a year of benign cat losses, the April 1 renewal was stable, according to Gallagher Re's James Vickers.
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- April 4 2022
Thailand revokes licenses for two P&C players: report
The government is taking a more proactive approach to helping claims get paid.
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- April 1 2022
US$18.3m prepaid for downed China plane
The Boeing 737 crashed into a mountain in Guangxi province in south-west China on March 21.
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- April 1 2022
Insurtech Igloo taps Grab for senior exec
Igloo claims to have secured 30 partnerships across South-East Asia last year.
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- April 1 2022
P&C players well placed as Japan steps up capital demands: Moody’s
The rating agency notes transparency, diversification and public scrutiny has helped.
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- April 1 2022
Fires, Covid and war weigh on marine lines in Asia
Tanker fires in Thailand, China lockdowns and war in Ukraine make for a gloomy outlook.
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- March 31 2022
Only 11% of Asia flood losses insured in 2021: Swiss Re
Between 2011 and 2020, economic losses from regional flooding have averaged US$30bn annually.
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- March 31 2022
Aussie insurers prioritise governance as product design rules bite
Moves to redefine 'retail' may make this even more important.
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- March 31 2022
Cyclone reinsurance pool legislation passes in Australia
ICA urges details about the impact on premiums to be released.
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- March 30 2022
Axa XL appoints new Australia head of distribution
The director is relocating from Hong Kong to Sydney and starts on April 1.
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- March 30 2022
Dual sells Asia financial lines, cyber portfolio to Chubb
The MGA's Hong Kong and Singapore units had used MSIG as an underwriter.
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- March 30 2022
TigerRisk enters Australia, the Pacific
The global reinsurance broker has hired veteran Simon Chandler.
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- March 30 2022
APRA appoints new executive director of insurance
Sean Carmody takes over from Brandon Khoowill, who becomes executive director of cross-industry insights and data.
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- March 30 2022
WTW looks for fresh opportunities in Asia as last year’s setbacks are forgotten
The region will continue to play a pivotal role for the firm's growth strategy, says the new head of broking for Asia.
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- March 29 2022
CPIC P&C arm hits US$1bn net profit in 2021
Agriculture, liability and health lines all saw double digit GWP growth during the year.
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- March 29 2022
Asia events market tries to shrug off pandemic hits
There are signs of life but Covid-19 connected cover is not an option unless governments are involved.
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- March 29 2022
Australia floods are an earnings, not capital event: Fitch
Most losses will be borne by IAG and Suncorp, as La Nina conditions are set to continue in Q2.
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- March 29 2022
Losses expected as Thai oil tanker explodes
The Ampar 8 was built in 2007 and is owned by Ayudhya Development Leasing.
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- March 28 2022
ICA calls for Australia cyber market overhaul
A new whitepaper calls for businesses, insurers and government to do more to promote sector.
