Country: Asia Pacific Page 38 / 500
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- October 4 2024
Jerris Fong returns to QBE as head of pricing for Asia
Fong was previously quantitative insights manager based in Sydney before he left the carrier in 2022. In his new role he will relocate to Singapore and report to Jeremy Lau, chief underwriting officer for Asia.
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- October 4 2024
Gallagher India taps ex-Aon veteran Ajit Singh Horra as MD, names four division heads
Horra joined from Aon Global Insurance Brokers where he was senior executive vice president. It also named Puneet Gehani as chief business officer, Dev Bhutani as head-strategy & client management, Saurabh Gupta as head-North region and promoted Hari Kamath to CFO.
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- October 4 2024
Brokers take measured approach to crack Japan’s US$62bn premium pot
With expectation for more intermediation, Western brokers are taking different approaches to entering the world's fourth largest insurance market.
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- October 3 2024
Zurich Kotak appoints Ajey Hegde to lead its commercial portfolio
Hegde, an industry veteran with over two decades of experience, was executive vice president with Tata AIG General Insurance prior to this move.
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- October 3 2024
Typhoon Krathon makes landfall as Taiwan shuts down for second day
The slow-moving typhoon is expected to cause 'catastrophic damage' as it is likely to have a longer impact on the island as it moves through the populous western plains but it is weakening and is expected to turn into a tropical depression before reaching Taipei.
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- October 3 2024
Australia poised for severe thunderstorms, elevated bushfire risks this spring: Gallagher Re
Unusually high maximum and minimum temperatures will affect the country by at least three times more likely than normal, according to the reinsurance broker's climate outlook report.
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- October 3 2024
Coface names Ronald Chai as head of commercial for Singapore
Chai takes over from Peter Elder, who has been promoted in May to regional head of banks & financial institutions for Asia Pacific based in Singapore.
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- October 3 2024
WTW reshuffles Philippines leadership with Aon hire
The broker has appointed Gerald Dolina as head of Philippines & head of corporate risk & broking, and promoted the incumbent, James Matti, to managing director, health, wealth and career.
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- October 3 2024
India defers roll out of IFRS 17 equivalent indefinitely: report
Insurers can submit financial statements under the earlier Ind AS104 regime till the IRDAI notifies the implementation of the Ind AS 117standard.
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- October 3 2024
ICA extreme weather charter calls for collaboration with governments, community groups for delivery of services
The charter outlines disaster preparation, response and recovery recommendations for general insurers, who have paid out US$13bn in claims from 20 ICA-declared events since the Black Summer bushfires in 2019-20.
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- October 3 2024
Chubb powers up ANZ energy & technical lines with HDI’s Jane Ravi
Sydney-based Ravi is responsible for leading the company's portfolio in her new role as manager for the Australia and New Zealand energy and technical lines business.
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- October 3 2024
Australia’s Rhodian launches construction specialist MGA Scope Underwriting
The Lloyd's-backed underwriting agency based in Melbourne was co-founded by Nick Vernon and Rob Higginson.
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- October 3 2024
Opinion: What has happened to the ESG agenda?
While financial services jargon changes with each decade, time has shown that it is the policy that matters, not the presentation.
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- October 2 2024
PSC shares delist from ASX as Ardonagh’s US$1.5bn takeover becomes effective
The completion of the takeover by the UK broking group now wraps up PSC Insurance's nine years of trading and quotation on the Australian Securities Exchange.
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- October 2 2024
HDI Global risk consulting arm announces two senior promotions in Australia
Jamie Haider has been promoted to risk engineering manager, Australasia, effective October 1 and Philipp Glanz will step up to the role of managing director for the global HDI risk consulting group.
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- October 2 2024
Typhoon Shanshan claims climb to US$180m in Japan
Fire insurance losses accounted for the bulk of 90% of the claims paid out and 85% of claims filed after the strongest typhoon to hit the country in decades made landfall in south-west Japan on August 29.
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- October 2 2024
Reinsurers’ risk insights, modelling vital to taming escalating nat cat losses: Swiss Re
Besides providing capacity, the reinsurer's expertise and insights on risks related to climate change and renewable energy are key to its collaboration with insurers in limiting nat cat losses, says Victor Kuk.
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- October 1 2024
Seadrif’s Typhoon Yagi pay out in Laos tops US$3m
The extended flood impact triggered a second parametric payout of US$2.25 million on September 30, just a week after the initial pay out of US$750,000 was made to the ministry of finance.
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- October 1 2024
Everest appoints Jason Chua as senior claims specialist for short tail
Singapore-based Chua joins the insurer from Axa XL, where he was a claims specialist.
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- October 1 2024
Hannover Re confirms Blake Dimitrijevic as Australia MD
As first reported by IAN in July, Dimitrijevic joins from Guy Carpenter and succeeds Michael Eberhardt, who was appointed managing director and chief underwriting officer for Hannover Re Bermuda.