Country: Asia Pacific Page 231 / 510
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- March 25 2022
Larger, more frequent weather events drive Asia losses
Summer flooding in China in 2021 was one of four events globally that topped US$20bn economic loss.
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- March 25 2022
Japan earthquake property losses below US$4bn: Verisk
A maximum of US$820m can be attributed to commercial and industrial properties.
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- March 25 2022
Liberty Specialty appoints Asia head of casualty, professional risks
Singapore-based Ann Dang has been promoted.
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- March 25 2022
2021 NSW and Queensland flood loss downgraded to US$515m: Perils
The data specialist had expected in September that the event would cost the market US$562m.
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- March 24 2022
Asia MGA plans hampered by regulatory roadblock
The sector had a stellar 2021, but moving beyond traditional markets will not be easy.
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- March 24 2022
Singapore posts 8% P&C premium growth in 2021
Onshore premiums reached US$2.4bn as the market showed a strong recovery.
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- March 24 2022
Howden Specialty hires former Marsh exec in Singapore
The new director will be focused on renewable energy, downstream energy and construction.
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- March 24 2022
Australia flood claims reach US$1.8bn: ICA
Over 159,000 claims lodged with insurers in one of the country's worst flooding disasters.
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- March 23 2022
TransRe deal to expand Berkshire Hathaway’s Asia footprint
The P&C reinsurer has offices in Hong Kong, Singapore, Shanghai, Tokyo and Sydney.
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- March 23 2022
Major Australia BI decisions appealed to High Court
The ICA says it understands the need for "definitive guidance".
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- March 23 2022
CBIRC urges insurers to properly handle claims from China crash
21 insurance companies are conducting investigations on-site.
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- March 23 2022
Insurers see large rise in Asia marine cyber GWP
But as loss ratios and prices increase, retaining momentum in the sector may not be so easy.
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- March 22 2022
Bridging Asia’s environmental liability insurance gap
Tightening regulations and heightened awareness are driving demand in a complex risk environment.
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- March 22 2022
Generali appoints new general manager for Hong Kong
Davide Glavina will cover both P&C and life operations.
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- March 22 2022
Insurers brace for claims on back of downed Boeing 737
The plane crashed in Guangxi province in China with 132 people onboard.
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- March 22 2022
Thai regulator issues demands on two Covid-hit P&C players
Southeast Insurance and Thai Insurance are trying to wind down their troubled portfolios.
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- March 21 2022
Berkley Insurance Asia bolsters financial lines team
The former Dual Asia underwriter is based in Singapore and joins a team of six.
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- March 21 2022
Swiss Re’s net-zero pledge could make Asia’s reliance on fossil fuels more costly
Asian reliance on LNG under pressure as reinsurers take aim at new oil and gas projects.
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- March 18 2022
Swiss Re names new China CEO
Ivan Gonzalez will relocate from New York to Beijing.
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- March 18 2022
Marsh Specialty appoints new Asia leader
The global broker has promoted from within to replace Simon Delchar, who moves to the UK.
