Country: Asia Pacific Page 4 / 531
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- July 2 2025
Korea mulls restarting MG Non-Life sale process, but will persist with liquidation process: reports
KDIC said it has reached agreement with insurer's labour union to pursue both the transfer of insurance contracts to five non-life insurers and the sale.
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- July 2 2025
‘Reinsurers have been quite clear that they’re still looking to grow’: Gallagher Re’s Heather Bone
At the July 1 renewals, while supply was abundant, demand is falling given increasing consolidation in Australia’s insurance industry.
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- July 2 2025
QBE Asia amps up wholesale team with 2 senior leadership appointments
Wholesale insurer has named Hong Kong-based Cynthia Huang head of Taiwan and Greater China desk (facultative reinsurance) and Singapore-based Young Jun Lee as head of wholesale Asia, construction and engineering.
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- July 1 2025
Ben MacCarthy returns to Marsh as insurer consulting group leader for Asia
Singapore-based MacCarthy joins from WTW, where he worked for almost four years, most recently as head of casualty for Asia.
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- July 1 2025
IRDAI chairman race gets new entrant as process drags on: report
India’s financial services secretary Maddirala Nagaraju is the new name being considered as the post lies vacant since March 2025, holding up key reforms at a crucial time for the industry
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- July 1 2025
GIC Re hands Asta its Lloyd’s syndicate’s managing agency services
The agreement with the Davies-backed managing agency relates to the open and prior years of the Indian reinsurer's GIC syndicate 1947.
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- July 1 2025
Chaucer hires Emily Brand as deputy class underwriter for energy in Singapore
Brand, who relocates from London, will be responsible for supporting the underwriting strategy for the Lloyd's carrier's energy business.
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- July 1 2025
IAG lifts profit outlook as nat cat bill comes in below forecast
Australian insurer revealed that natural peril costs for FY2025 had come in roughly US$132m below expectations.
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- July 1 2025
Suncorp trims reinsurance tower even as rates soften, locks in multi-year deal
Despite exposure growth in its portfolio, Australian insurer expects the total cost of the program to be lower than in FY25, aided by reduced pricing, minor structural changes.
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- July 1 2025
Aon names Jarut Sukkhawadee head of commercial risk for Thailand
The broker bolstered operations in the Asean market with a series of key appointments.
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- July 1 2025
Allianz Asia Pacific names Vojtěch Pivný as regional CFO
Pivný was CFO at Allianz Poland previously, where he led the successful consolidation of Allianz and Aviva’s operations.
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- July 1 2025
Chubb strengthens global broker division in Australia with key leadership changes
Jennifer Vanek appointed national strategic relationship manager, global brokers division; John De Felice and Ryan Spettigue national relationship managers.
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- July 1 2025
BMS Australia snaps up Corporate and Commercial Insurance Brokers
Queensland-based broker specialises in risk management advice and insurance broking services to large, privately owned organisations.
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- July 1 2025
Allianz Commercial names Alex Shi as regional head of liability
Shi joins from Allianz Insurance Singapore, where he was the chief underwriting officer.
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- July 1 2025
Record capital, increased reinsurer appetite drive rate reductions at July 1: Aon
In Australia and New Zealand, property cat XoL renewals see up to low double-digit risk-adjusted reductions.
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- June 30 2025
Beazley ropes in Estee Chong as financial institutions product specialist for Asia
Chong was previously head of casualty and long tail business at Chubb based in Singapore.
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- June 30 2025
Axa XL recruits Vincent Shiu as client relationship leader for Asia
Hong Kong-based Shiu joins the specialty carrier from Axa.
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- June 30 2025
Generali promotes Jonathan Wong to GC&C Asia head of marine underwriting
He replaces Kelvin Chan, who had held the role since June 2019.
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- June 30 2025
Chubb Japan promotes Akira Hayasaka to head of claims services division
Tokyo-based Hayasaka, who was formerly head of commercial claims for the carrier, will report to CEO Edward Kopp.
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- June 30 2025
Howden promotes Lee Vanderson to head of specialty in the Philippines
Vanderson has over 40 years of experience in the insurance industry, including 14 years across Asia in Singapore, Hong Kong, and the Philippines.
