Country: Asia Pacific Page 28 / 556
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- July 8 2025
Cambiaso Risso expands to Hong Kong, eyes Philippines entry
Italian marine broker's new office in the SAR will be led by Swedish Club's Lars Malm and service the greater China region.
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- July 8 2025
Financial lines rate reduction should bottom out as potential large losses loom: Frontier Global’s Joel Pridmore
Sector faces significant challenges, including major litigation such as class actions, regulatory scrutiny of Australian superannuation funds, cyber events, greenwashing, and the risk of under-reserving.
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- July 7 2025
Swedish Club appoints Julia Ju as chief executive of Hong Kong branch as Lars Malm departs
The P&I club has also appointed Jason Wu as regional director for underwriting in greater China.
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- July 7 2025
China’s ZhongAn raises US$500m via secondary placement in Hong Kong
The proceeds will primarily support the Chinese digital carrier's core insurance and asset management business.
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- July 7 2025
Howden taps FM veteran Hamish Ravindran as chief client officer for Asia
Singapore-based Ravindran joins the broker after nearly 23 years at the commercial property insurer.
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- July 7 2025
AIG hires Allison Emery in newly created Pacific delegated underwriting authority lead role
Sydney-based Emery joins the insurer from Lockton, where she was head of market management and key partnerships.
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- July 7 2025
Howden appoints Edmund Arghand as head of credit, political risk and surety for Asia
Arghand, who joins from BMS in London, will lead the team in Singapore, with a particular focus on structured credit.
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- July 7 2025
FWD Group debuts on Hong Kong stock exchange
Hong Kong insurer raised US$445m from the IPO, valuing the company at over US$6bn.
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- July 7 2025
CNPC Captive to maintain sound underwriting profits, with support from parent, government: S&P Global
The rating agency assigns its 'A+' local currency long-term issuer credit and insurer financial strength ratings, with stable outlook, to the captive insurer of China National Petroleum Corporation.
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- July 4 2025
Lockton appoints Shubhangi Pathak as director for transactional lines in India
Delhi-based Pathak is a corporate lawyer, bringing in over 16 years of experience, specialising in M&A.
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- July 4 2025
Thailand expects US$1.5bn insured losses from March earthquake: report
Around 150,000 claims totalling US$925m have already been filed, according to a Bangkok Post report, quoting the Thai General Insurance Association.
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- July 4 2025
Aon’s reinsurance solutions mixes up Asia team
Tom Greenaway has been promoted to the role of Asia strategic growth leader. with SP Hong and Jay Choi also added to the team.
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- July 4 2025
Qantas cyber breach to create turbulence for insureds and insurers, but losses could fly under the radar
AIG-led cyber program placed by Marsh is unlikely to be significantly hit, industry sources told InsuranceAsia News.
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- July 3 2025
Ardonagh strengthens Asia footprint with majority stake in Hong Kong-based Apex
Move for the provider of insurance broking and insurance agency services strengthens Ardonagh’s footprint in the region.
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- July 3 2025
XL Insurance Company SE appoints Australian MGA Quay Marine Insurance as coverholder
Quay Marine can now underwrite commercial hull, marine liability, and cargo risks on behalf of XLICSE, which is part of Axa XL.
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- July 3 2025
TasInsure proposal ‘poses significant financial risk’, ICA says
Tasmanian Liberals Party has announced plans to set up a state-owned insurance company.
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- July 3 2025
FWD Group’s US$442m Hong Kong IPO covered 38 times: report
Local media reported Hong Kong insurer attracted US$1.7bn from retail bookbuilding, with trading set to start on Monday.
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- July 3 2025
Japanese non-life insurers to rely more on underwriting, global growth: Fitch
Three major insurance groups - Tokio Marine, MS&AD, and Sompo - reported a sector-wide combined ratio of 99% in FY2025.
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- July 3 2025
Markel hires Joanna Quigan as senior underwriter for professional and financial risks
She will be based in Melbourne and report to Kym Beazleigh, head of professional and financial risks.
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- July 3 2025
Howden Re sets up treaty capability in Hong Kong with Roy Wong appointment
Wong will establish and lead the build-out of Howden Re’s treaty reinsurance offering for Hong Kong based clients, "reflecting the specific requirements of the region".