Country: Asia Pacific Page 39 / 569
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- July 17 2025
Allianz Trade promotes Ivy Wanda Sthefvanie to Indonesia commercial manager
Sthefvanie has been with Allianz Trade for nearly seven years since July 2012, most recently as an account manager.
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- July 17 2025
Envest targets New Zealand expansion, winds up PSC Connect network offering
Envest Group says it will focus on building its branch network under the PSC Insurance Broking banner after the 'difficult decision' was made to wrap up the PSC Connect network after 13 years.
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- July 16 2025
Aon promotes APAC veteran George Attard to global head of strategy for reinsurance in senior leadership rejig
Broker also announced appointments of Alfonso Valera as CEO of international for reinsurance, responsible for UK, EMEA and APAC, and Tomas Novotny as chairman of international for reinsurance.
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- July 16 2025
MSIG paid out claims totalling US$44.3m in Hong Kong and Macau in 2024
Insurer's claims settlement ratio reached 94.5%, rising for the third consecutive year, up from 92.4% in 2021.
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- July 16 2025
India’s insurance regulator sets up committee to vet licence applications: reports
Insurance Regulatory and Development Authority of India also approves the first stage of an application from Kiwi General Insurance.
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- July 16 2025
MSIG Asia snaps up Marsh’s Tijen Joshi for energy, power and construction role
Singapore-based Joshi spent the last two years at Marsh as a senior vice president for claims solutions.
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- July 16 2025
US$1.3bn Myanmar earthquake biggest non-US insured loss event in H1 2025 as global total tops US$84bn: Gallagher Re
‘Psychological threshold’ question, the report says, is when will the insurance industry face its first US$200bn nominal annual loss year?
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- July 16 2025
Markel confirms Chelsea Jiang as greater China managing director
Hong Kong-based Jiang previously was chief technical and innovation officer for general insurance at Axa greater China.
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- July 16 2025
Global insured losses in H1 expected to reach US$100bn: Aon
Myanmar earthquake was the biggest uninsured loss, as insurers covered less than US$100m from the total economic damage of US$12bn.
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- July 16 2025
Tokyo flooding to bring minimal losses, but highlights growing need to adjust underwriting strategies, flood models
While the event may not significantly impact (re)insurance pricing, loss adjusters told InsuranceAsia News that insurers need to respond to increasing attritional nat cat losses.
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- July 16 2025
Christian Stobbs appointed Markel Insurance chief strategy and corporate development officer
Stobbs, who was APAC managing director since 2019, will be based in the US and report to CEO Simon Wilson.
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- July 16 2025
Generali GC&C names Dan Cunningham head of risk engineering, loss prevention for Asia
Hong Kong-based Cunningham has relocated from London.
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- July 16 2025
Gallagher India hires Deepika Oswal as national sales leader
Oswal joins from Marsh, where she was national leader, restructuring strategy and senior vice-president for key accounts.
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- July 15 2025
Aspida Life Re completes second Japanese reinsurance deal
Ares Capital-backed Bermudan carrier will reinsure new or incoming flow business for a Japanese yen-denominated fixed annuity product.
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- July 15 2025
APAC cyber claims up 22% in 2024, ‘likely to accelerate’: Aon
Region seeing significant competition among insurers, with an increasing number of insurance carriers entering from the London market.
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- July 15 2025
Ramesh Mahto joins WTW India from Marsh
Mahto will relocate from Mumbai to Pune to join the multinational client management team as an assistant vice president.
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- July 15 2025
Trade risks increase for Singapore, Malaysia, Thailand as US tariffs bite: Coface
Global trade credit insurer downgrades risk assessments for the Southeast Asian trio, 'highlighting the intensifying vulnerabilities of highly trade-reliant economies'.
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- July 15 2025
PVI eyes Hanoi Re divestment plan as part of broader growth push
In a wide-ranging interview, PVI Insurance chairman Duong Thanh Danh also talks to InsuranceAsia News about PetroVietnam Group's divestment plans, PVI's overseas partnerships, a US$1bn revenue target, growth opportunities and tariffs.
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- July 14 2025
Miller launches South Korea marine practice after Marsh team raid
KyungSeop (KS) Shim will lead the new team as head of specialty, and is joined by Justin Roh, Hana Jung, and Jayce Park.
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- July 14 2025
HDI Global, Descartes collaborate to offer parametric earthquake cover in Japan
Claims will be triggered based on thresholds measured by Japan Meteorological Agency’s shindo seismic intensity.
