Country: Asia Pacific Page 29 / 514
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- January 10 2025
Building in cat-exposed areas exacerbating insurance affordability: Munich Re climate specialist
With climate change accelerating, preparations must be made for flash floods and thunderstorms, as well as events in atypical places, chief climate scientist Tobias Grimm tells IAN.
-
- January 9 2025
Coface continues APAC management rejig with 3 appointments
Chris Murphy becomes general manager of Hong Kong branch, with Ronald Chai succeeding him as regional head of mid-market, while Sarah Chu will assume the role of Taiwan general manager.
-
- January 9 2025
Munich Re Specialty Asia strengthens team with 2 senior hires
Appoints Hong Kong-based Bernadette Hung as fine arts and specie underwriter and Singapore-based Bee Tin Goh as cargo underwriter.
-
- January 9 2025
Tibet earthquake payments top US$60,000 from Chinese insurers
- China
- China Continent P&C
- China Pacific Insurance P&C
- China Re
- China Taiping
- PICC Property and Casualty
- Ping An
- Sunshine Insurance
88 reports, with a total of 20 claims, have been made to insurers, including PICC, China Continent, China Taiping and Sunshine.
-
- January 9 2025
2024 third costliest year on record with US$140bn insured losses: Munich Re
Japan earthquake, Typhoon Yagi and China floods were the largest events in Asia, aggregating to US$4.5bn in insured losses.
-
- January 9 2025
MGA ARTes Specialty launches in Australia with commercial loggers offering
Asta authorised representative will offer a combined material damage and associated liability products, supported by Lloyd's capacity, through local broker Mobius Insurance.
-
- January 9 2025
Munich Re to hand Beijing branch reins to Adrian Goh, Steven Chang set to retire
Goh's appointment will be effective from April 1, with Chang to retire at the end of March.
-
- January 9 2025
Coface names Karen Ong as head of commercial for Singapore
Ong has been at the trade credit insurer for over eight years, most recently as regional head of commercial operations.
-
- January 9 2025
MSIG Singapore reshuffles pack, promotes new COO and CFO
Insurer names Sharon Teo as chief operating officer and Chock Ker Ching as chief financial officer.
-
- January 9 2025
Opinion: Booming MGAs can no longer be ignored, but regulatory spectre looms
MGAs must demonstrate robust risk selection and underwriting capability as regulators train their guns on the sector.
-
- January 8 2025
Crawford Australia taps new executive adjuster for liability
Paul Hardy joins the firm having most recently spent just under three and a half years as an executive adjuster for Charles Taylor in Victoria, Australia.
-
- January 8 2025
Sompo beefs up APAC ranks with new chief claims officer
Pablo Diago takes up the Singapore-based role just over a year after joining from Crawford.
-
- January 8 2025
WTW appoints Marsh’s Ostwald Lam as associate director in Hong Kong
Lam, who has around 25 years of industry experience with expertise in claims, will focus on the broker's claims services.
-
- January 8 2025
Sri Lankan insurers to improve underwriting profitability amid key shifts: Fitch
Insurers are looking to enhance practices and shift focus to more profitable non-motor segments, global rating agency says.
-
- January 8 2025
US-based The Hartford launches on Lloyd’s Singapore platform
Service company, to be led by Zhenghong Pan, will initially write financial lines and credit and political risks coverage through its Syndicate 1221.
-
- January 8 2025
Renewable energy transition strategic focus in Asia, Charles Taylor says
Nearly US$100trn of infrastructure needs to be built worldwide over the next 25 years, including in Japan, Taiwan, China and Vietnam, says Stephen Thorpe, managing director for Asia at the global loss adjuster.
