Country: Asia Pacific Page 342 / 655
-
- November 2 2022
SIRC: Inflation hard to ‘put back in the bottle’ as digitalisation ‘imperative’
A panel of experts from Beazley, Guy Carpenter, Munich Re and Swiss Re shared their views as regional challenges mount.
-
- November 2 2022
2023 target is to use data connectivity to build a vibrant ecosystem: HKIA CEO
Open API, improving data gaps and cybersecurity will be priorities, according to Clement Cheung.
-
- November 2 2022
Credit and motor challenges behind negative Indonesia non-life outlook: AM Best
There has been premium rate inadequacy and weaknesses in underwriting risk management.
-
- November 1 2022
Typhoon Nanmadol losses expected at US$775m: Perils
Claims are lower than initially feared from the powerful Japanese storm.
-
- November 1 2022
‘Loss-propping capital’ is drying up for insurtech start-ups
APAC-based insurtechs have raised a total of US$1bn across 76 deals in Q3.
-
- November 1 2022
Lockton Korea buys financial lines broker, appoints Ben Son as CEO
Son established ESOP in 2019 and will join with his 20-strong team.
-
- November 1 2022
Vietnam’s non-life market saw 14% growth in H1 2022
The market has promising signs in the context of a favourable economic outlook, says AM Best.
-
- November 1 2022
Blockchain holds promise of more efficient Asian ILS
The distributed ledger technology may help reduce inefficiencies in buying cat bonds.
-
- November 1 2022
Perils decreases loss estimate for October 2021 Southern Australia storms
The final loss figure is US$621m, down from US$650m.
-
- November 1 2022
George Nassaouati to join Gallagher as Asia head of energy
WTW's Asia head of natural resources starts next year in Singapore.
-
- November 1 2022
APAC commercial rates moderate as cyber pricing shoots up: Marsh
Pricing in the Pacific climbed 5% in Q3, down from 7% in Q2, while Asia was up 2%, down from 3%.
-
- October 31 2022
Lockton acquires Perth-based specialty broker
Zenith Insurance Services specialises in aged care, disability, aboriginal medical health and community service organisations.
-
- October 31 2022
BOCG Insurance boosted its underwriting result in 2021
AM Best expects the company to continue leveraging the branch network of its banking parent.
-
- October 31 2022
Labuan Re improves underwriting performance, will benefit from hard market: AM Best
Management’s remedial actions have helped, while the reinsurer can expect moderate premium growth.
-
- October 31 2022
Tropical Storm Nalgae wreaks havoc in the Philippines
Multiple buildings, crops, bridges and roads destroyed as storm continues in the South China Sea.
-
- October 31 2022
Rising rates, capacity pinch leave strata cover high and dry
With an increase in cat activity, strata has been the worst-performing property line in Australia.
-
- October 31 2022
New South Wales government announces US$513m flood package
Since 2019 insurers have received more than 577,000 claims related to declared flood events to the value of $5.64bn.
-
- October 31 2022
Australian insurance regulator names new chair
APRA has elevated John Lonsdale to chair and appointed Margaret Cole as deputy.
-
- October 28 2022
AGCS’ Nick Wood steps up to lead APAC property
The deputy APAC property head is replacing Victorio Villar who is leaving the firm at the end of the year to pursue “other interests”.
-
- October 28 2022
IRDAI permits FRBs, Lloyd’s India to repatriate excess capital
Foreign reinsurers can withdraw up to 20% of assigned capital once a year, according to the circular.
