Country: Asia Pacific Page 221 / 509
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- May 30 2022
Are Asian insurers doing enough to prepare for climate liability?
A Philippines inquiry finds companies liable for climate change - insurers should take note.
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- May 27 2022
Sompo joins Net-Zero Asset Owner Alliance
The firm also has a renewable energy business in order to help customers with their carbon commitments.
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- May 27 2022
Axa XL announces new HK client distribution leader
Herbert Cheung will report to Jamie Chambers, country manager of Hong Kong.
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- May 27 2022
Howden gains approval to take control of India unit
By upping its Indian stake, Howden follows in the footsteps of other global brokers such as Aon, Gallagher and WTW.
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- May 27 2022
Australia’s general insurers saw US$303m loss at start of year
The devastating floods in February and March sparked an increase in claims.
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- May 26 2022
Chubb appoints new financial lines head in Australia
Financial lines and cyber are key areas of focus for the insurer.
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- May 26 2022
Senior PICC exec dismissed for misconduct and bribery: report
Shen Dong is expected to be charged with embezzlement and bribery.
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- May 26 2022
India’s Digit Insurance seeks US$500m IPO: report
The company plans to file its prospectus to the market regulator by September.
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- May 26 2022
Prudential names Manulife Asia head as its new group CEO
This is the first time that the UK insurer has based its CEO in Asia.
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- May 26 2022
China marine profitability won’t bounce back on its own
With large state-backed companies aggressively growing market share, competition is fierce.
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- May 25 2022
Shine comes off Asia insurance growth: Allianz
Asia P&C grew by just 1.4% in 2021, compared to 6.3% globally.
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- May 25 2022
Tokio Marine opens new Canadian unit
The insurer has by far the largest global footprint of any of its Japanese peers.
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- May 24 2022
Markel bolsters Asian underwriting capability with new hire
James Guardino will work with the global trade credit and political risk team.
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- May 24 2022
BMS taps WTW for new chairman in Asia
Ted Hodgkinson will remain with WTW until November in order to help with the transition.
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- May 24 2022
Taiwan’s Covid-19 claims may exceed US$1.38bn: report
About 7.6 million COVID-19 policies had been sold by non-life insurance companies in Taiwan.
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- May 24 2022
FWD gets go-ahead for Hong Kong IPO: report
The firm still hasn’t decided when to list, but it is expected to do so shortly.
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- May 24 2022
Profits up 48% as Japanese insurers rebound
Japan’s big three benefit from lower nat cat losses in Japan and rate increases internationally.
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- May 23 2022
Aon’s former APAC CEO joins Catalina as regional head of distribution
The appointment is part of a restructuring of the firm's global leadership.
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- May 23 2022
ICA welcomes new Australian government
Labour Party has pledged to provide A$200 million a year for a Disaster Ready Fund.
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- May 23 2022
Asian firms reach for cyber analytics tools as hard market makes cover more costly
With rising rates optimising insurance cover is essential.