Country: Asia Pacific Page 283 / 516
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- May 10 2021
NSW, Queensland floods to cost insurers US$827m: Perils
Private property largely covered but infrastructure, crops and livestock mostly uninsured in historic March nat cat.
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- May 10 2021
Asia’s commercial premium growth driven by financial and property lines
Marsh's pricing index shows a regional rise of 8% in Q1.
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- May 7 2021
Munich Re hires Asia property treaty underwriting lead
Joachim Zagrosek has joined from Swiss Re as the reinsurer unveils positive Q1 2021 results.
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- May 7 2021
QBE appoints Malaysia CEO and reveals strong Q1 2021 rate rises
Sunther Kuppan's interim role confirmed as chairman Mike Wilkins reports GWP up 28%.
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- May 7 2021
India’s health players to face solvency pressures amid Covid surge—sources
Even well-capitalised insurers are facing strain as claims surge.
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- May 6 2021
Labuan GWP hits US$1.6bn driven by captives and reinsurance
The Labuan FSA said premiums grew by 6.7% over the course of 2020.
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- May 6 2021
Howden Specialty boosts APAC natural resources team
Singapore-based Surya Wijaya joins from Willis Towers Watson as divisional director.
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- May 6 2021
BHSI appoints senior Asia transactional liability underwriter
Daniel Thieviasingham is based in the Lion City and formerly worked at Lockton.
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- May 6 2021
Australia’s cyclone risk plan a roadmap for emerging Asia
Private sector insurers cannot address the threat alone.
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- May 5 2021
Australia’s US$7bn reinsurance pool targets N Queensland premiums
ICA chief says more needs to be done to lower costs in cyclone-hit region.
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- May 5 2021
Markel poaches financial lines manager from Dual Asia
Joe Wong has joined the specialty Lloyd's player this week in the Lion City.
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- May 5 2021
Hong Kong’s ILS push builds momentum
IAN understands the first issuance will come by the end of Q3 2021.
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- May 4 2021
Gallagher snaps up Canberra’s Mutual Brokers
The deal expands the US broker's presence in the Australian Capital Territory.
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- May 4 2021
Tencent-backed insurtech Waterdrop ups US IPO target to US$360m
The firm is confident it can capture China's underserved health insurance market.
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- May 4 2021
Asia’s satellite market the ‘hardest’ in a decade—source
Global reinsurers generally pick up losses in the region.
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- May 4 2021
Queensland Halloween hail estimate drops to US$900m: Perils
Latest report shows property accounted for 86% of insured losses.
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- May 3 2021
South Korea’s insurers feel the Covid pinch overseas
Non-life operations in China, Indonesia and Vietnam the main international focus of local players.
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- May 3 2021
Ed Asia appoints Christina Ong as chairman
The former Howden managing director will remain in Singapore after joining the specialty broker today.
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- May 3 2021
Hong Kong broker Convoy to be delisted
The move takes place on May 4 after a series of governance issues at the firm.
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- May 3 2021
India’s recovery derailed by Covid surge
Premiums had shown strong Q1 growth before a second wave.
