Country: Asia Pacific Page 224 / 510
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- May 18 2022
Lockton sees record 27% YOY growth as APAC expansion continues
The broker has enlarged its footprint in Australia, New Zealand and Macau.
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- May 18 2022
Singapore’s (re)insurance sector looks beyond Covid
Overseas talent has remained in the Lion City although another partial lockdown could derail this.
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- May 17 2022
Raheja QBE and Paytm M&A deal ‘terminated’
The deal to acquire 100% of the company was first signed in the summer of 2020.
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- May 17 2022
Marsh appoints new Taiwan CEO
Current chief executive Jerry Mao moves into chairman role.
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- May 17 2022
IRDAI changes reporting rules for foreign reinsurers and Lloyd’s
There are now fewer reporting requirements.
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- May 17 2022
Cyber capacity in Asia keeps shrinking as rates harden
By some estimates capacity has shrunk by 50% over the past two years.
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- May 16 2022
China to set up multi-disaster nat cat system
A CBIRC-run protection scheme currently provides around US$94bn of protection.
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- May 16 2022
Commercial lines give Zurich 11% boost in APAC P&C as rates stay ‘moderate’
Rates at the insurer climbed 3% in Q1, with P&C GWP hitting US$832m.
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- May 16 2022
Queensland launches resilience scheme as more floods arrive
The US$500m Resilient Homes Flood is the largest such programme to be launched in Australia.
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- May 16 2022
Asia’s income inequality limits insurance potential
New research shows that inequality lowers demand for P&C insurance in all economies.
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- May 13 2022
Peak Re’s David Menezes to succeed Eckart Roth in risk role
CRO Roth is retiring in September after a 30 year career.
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- May 13 2022
Reinsurance pool to fall ‘short of expectations’: Aussie coverholder
Redicova, a provider of parametric wind insurance, predicts a 10% reduction in premiums.
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- May 13 2022
Allianz Australia takes 20.8% COR nat cat hit
Combined ratio hits 106.6% after February and March flooding drives €150m loss.
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- May 12 2022
Howden acquires Singapore’s Aegis Insurance Services
The specialty broker offers PI, liability, pilot loss of license and bonds and financial guarantee schemes.
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- May 12 2022
HDI Global Specialty names head of aviation for Australia, NZ
Dylan Jones has been promoted from his role as a senior underwriter.
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- May 12 2022
Swiss Re to launch another innovation hub in India
The Hyderabad center complements the firm's existing India hub in Bangalore.
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- May 12 2022
Ping An announces launch of China’s first ESG disclosure standards
The new guidelines, which were develop will several others, will help firms assess ESG exposure.
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- May 12 2022
Aon Hong Kong appoints new CEO: sources
IAN understands the senior insurer executive will join the broker on August 1.
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- May 11 2022
Japan, India lifts Munich Re 1.4 renewals after Aussie flood losses
The German reinsurer lost US$465m from the floods in Q1.
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- May 11 2022
Arch Australia bolsters professional lines with two promotions
Aisling Hegarty and Steven Gaitanis assume managerial responsibilities for underwriting.
