Country: Asia Pacific Page 3 / 15
-
- October 30 2024
APAC reinsurers likely to see modest growth amid moderating economic indicators: S&P Global
Companies face headwinds from rising physical risks, a slower economic outlook, and still costly retrocession cover, according to the rating agency.
-
- October 29 2024
APAC 9M economic losses from nat cats topped US$70bn: Aon
The damage from the first nine months of the year is higher than the US$69.6bn in economic losses caused by natural perils for the whole of last year.
-
- October 29 2024
Tokio Marine-backed ICEYE plans continued rollout across Asia as demand for satellite risk data continues
Appetite for granular catastrophe-related information is now crucial in a market keen to keep a greater handle on cat exposures.
-
- October 29 2024
BMS Re hires Aon’s Heath Jose as business development lead for fac
Jose will be based in Singapore and will be responsible for developing the business in conjunction with teams across Asia Pacific.
-
- October 28 2024
Tokio Marine Kiln taps Starr’s Alexandros Ampatzis as head of marine, APAC
Ampatzis will primarily focus on deepening the carrier's presence in target markets across the region and continuing the team’s rapid growth, reporting to TMK’s regional underwriting director Jamie Tang.
-
- October 25 2024
Opinion: Are we finally transitioning to a new era for energy risks?
It’s important to mind the downsides when we think of the hard choices that need to be made on the road to net-zero.
-
- October 24 2024
Risk managers fear rise in uninsurability for key risks
In Asia, there are growing and specific concerns around supply chain risks and from customers becoming more demanding around ESG.
-
- October 24 2024
Asian insurance market faces turbulence amid nat cats, economic shifts: WTW
The Pacific market is experiencing more favourable conditions, with reductions in pricing for various sectors, including construction and liability.
-
- October 23 2024
Price Forbes eyes ‘explosive growth’ in Singapore with its specialist focus: Asia CEO
The (re)insurance broker is planning to double its headcount and number of business lines in the region within 18 months, according to Philip Johnson.
-
- October 22 2024
Geopolitics, container fires, energy transition shaping marine insurance dynamics: IUMI’s Lars Lange
With the shipping business very clearly shifting to Asia, the industry group is looking to grow its presence in the region.
-
- October 21 2024
Material headroom for growth in Asian financial and professional lines: Markel
Despite softening and macro challenges in some markets, areas like Hong Kong, Singapore and India are slightly further afield offering strong opportunities.
-
- October 17 2024
Asia economic losses for 9M 2024 top US$70bn as secondary perils drive costs: Gallagher Re
Three of the top five costliest economic events for the period were in Asia – China seasonal floods, Typhoon Yagi and the Noto Peninsula earthquake – accounting for combined US$50bn in economic losses and US$4.7bn in insured losses.
-
- October 16 2024
Sedgwick appoints ex FWD Singapore CEO as Asia finance director
Kee Eng Khor will be based in Singapore supporting the loss adjuster's Asia finance teams, regional leadership team and business units.
-
- October 16 2024
AIG hires Jules Sperring as APAC head of commercial property & business pack
Sperring joins from Allied World and will continue to be based in Singapore.
-
- October 16 2024
Sompo continues APAC build out with new COO
Singapore-based Maya Lee starts immediately and will report to Daniel Englberger, Sompo International chief operating officer, and Kenneth Reilly, APAC chief executive.
-
- October 16 2024
APAC business insolvencies projected to increase by 3% in 2024: Allianz Trade
A gradual easing of monetary policies could offer some relief, but it won’t be a silver bullet for struggling businesses.
-
- October 15 2024
Stable pricing trend for Asia Pacific reinsurers in 2024: Fitch
The report also stated that the rising frequency and severity of extreme weather events could increase reinsurance claims, potentially disrupting recent pricing stability.
-
- October 15 2024
‘Insurers need to take more risks’: Axa’s de Courtois
The deputy group CEO tells IAN that the industry needs to go against its traditional approach to risk as climate change and cyber rise as top risks for APAC.
-
- October 15 2024
Exclusive: Peak Re eyes South-East Asia A&H growth with senior RGA hire
The Hong Kong-based reinsurer has appointed Ashish Kanakia as vice president, underwriting, A&H, South-East Asia markets.
-
- October 11 2024
Tokio Marine achieves carbon neutrality in FY2023
The group has set a target US$316.8m in decarbonisation-related insurance premiums on a global basis by the end of FY 2026.
