Country: Asia Pacific Page 25 / 510
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- January 15 2025
APAC insurance M&A to be fuelled by regulatory scrutiny, private equity
While large insurers and brokers are set to enter new markets, smaller players will seek partners to strengthen their capital positions under new solvency rules, sources tell IAN.
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- January 14 2025
BOC Insurance, Taiping Re China get NFRA approval to set up Shanghai reinsurance centre branches
The two companies will operate from the Shanghai International Reinsurance Trading Centre, the international reinsurance trading platform in the Lingang pilot free trade zone.
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- January 14 2025
Newline Asia appoints Andy Ang as senior underwriter for financial lines, liability
Kuala Lumpur-based Ang will report to Simon Moi, the carrier's chief underwriting officer for Asia.
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- January 14 2025
India’s non-life insurance premiums to grow 7.3% in 2025: Swiss Re
Global reinsurer projects India’s insurance market will be the G20’s fastest growing over the next five years.
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- January 14 2025
Tibet earthquake compensation payments, pre-payments near US$5m
China's insurance industry has paid full compensation to the 126 victims of last week's deadly earthquake.
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- January 14 2025
SPCI to benefit from investments rejig, parent company support: Fitch Ratings
Global rating agency affirms insurer rating at 'A-' (strong) with a stable outlook for the subsidiary of Sunshine Insurance Group.
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- January 14 2025
Everest partners RedRay to expand Asia medical malpractice liability coverage
Insurer appoints Singapore-based specialty MGA to quote and bind policies for the healthcare sector in the region.
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- January 14 2025
Markel Australia hires Chubb veteran Scott Jordan for casualty claims role
With two decades of experience, Jordan has also worked for Marsh McLennan and RBS Insurance.
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- January 14 2025
Asian IP insurance market poised for growth as legislations evolve
Emergence of South-East Asia as a manufacturing hub, and the rise of AI, driving demand for protection, observers say.
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- January 13 2025
Miller makes Korea foray, appoints David Kim as country head
Broker's hires in the new office also include key leaders Andrew Kim, Youngkum Yoon and Taehoon Kim.
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- January 13 2025
Gany Subramaniam returns to AIG as APAC head of agency, partnership distribution
Kuala Lumpur-based Subramaniam previously spent 16 years with AIG until March 2019.
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- January 13 2025
Coface Australia promotes 2 commercial team executives
Trade credit insurer elevates Sandra Ciuriloviciute to senior account manager and Renee Dobson to head of account management.
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- January 13 2025
WTW expands APAC cyber coverage with facility in Hong Kong, Singapore
Underwritten by QBE and Axa XL, solution will have a primary insurance capacity of up to US$15m.
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- January 13 2025
Marsh’s Jack Reuter Town joins WTW Asia large accounts practice
He joins team in Singapore as a strategic client leader, having spent the last five years with Marsh in Sydney.
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- January 13 2025
Economic troubles, geopolitical instability, climate change major challenges for 2025 (re)insurance market
Headwinds are forcing (re)insurers to adjust their pricing strategies, enhance risk assessment models and focus on sustainable investments, market sources tell IAN.
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- January 13 2025
Aon strengthens Asia natural resources team with senior hire
Josh Hardwick has relocated from Melbourne to Singapore to join the broker as regional director for its natural resources team.
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- January 13 2025
Property and motor to drive growth for Thai Re in 2025: Fitch
Fitch Ratings affirms the reinsurer's rating at 'A-' (strong) with a stable outlook primarily driven by its strong capitalisation, favourable company profile and expectation of stable performance in 2025.
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- January 13 2025
Malaysia’s Etiqa to maintain strong performance through disciplined underwriting, pricing: AM Best
Rating agency affirms financial strength of 'a-' (excellent) and long-term issuer credit rating of 'a-' (excellent) for Malaysian carrier Etiqa General Insurance, with a stable outlook.
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- January 10 2025
Jeju Air, Azerbaijan Airlines crashes add early pressure on market: Gallagher Specialty
Losses alone are unlikely to prompt a market reaction, but will impact year-end underwriting results, broker says in a report.
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- January 10 2025
Zurich promotes APAC chief underwriting officer to global claims role
Singapore-based Debra Burford confirms to IAN she will relocate to Zurich at the start of the second quarter of the year.