Country: Asia Pacific Page 40 / 522
-
- December 19 2024
Firefighting levy on New Zealand insurance premiums finalised
The revised levy, which is a primary funding mechanism for Fire and Emergency New Zealand, will be effective from July 2026.
-
- December 19 2024
Growing scale of risk highlights need for proactive resilience strategies: Zurich Risk Solutions
Global head Dirk De Nil says evolving risk landscape and pressure from geopolitical tensions, AI and climate change require carriers’ involvement from project inception to find solutions.
-
- December 18 2024
Economy recovery, rate hikes and regulatory reforms to benefit Malaysian insurers: AM Best
The global rating agency has maintained a stable outlook on the country's non-life insurance segment.
-
- December 18 2024
Claims from Japan’s Typhoon Shanshan surge to US$331m
General Insurance Association of Japan says 89,639 claims made from the typhoon that hit earlier this year.
-
- December 18 2024
Charles Taylor brings on Paul Martelli as director, onshore energy and mining
He rejoins the company from McLarens, where he was an executive senior adjuster for construction, engineering and property.
-
- December 18 2024
Scor hires Amy Fu as APAC commercial head for SBS insurance arm
"Newly created global commercial team is now complete", says Scor Business Solutions (SBS) chief commercial officer Benjamin Auray.
-
- December 18 2024
Higher retentions by reinsurers drive investment in granular data, modelling: Moody’s Michael Steel
While modellers have embraced AI, insurers remain cautious despite growing recognition of its benefits, says the general manager of the risk analytics provider.
-
- December 18 2024
Hemant Nagpal to lead Gallagher Re Asia Pacific analytics team
Reinsurance broker also appoints Darren Murch as deputy head of analytics for the region.
-
- December 17 2024
Bolttech strengthens Asia leadership team
Insurtech appoints Andrew Cons as general manager for Indonesia and Mohamad Azhar Bin Jamal Mohamad as general manager for Malaysia, while also promoting Akiko Anzai as general manager for Japan.
-
- December 17 2024
Asian economies brace for trade risks in 2025 as Trump tariffs loom: Zurich
Elevated uncertainty around tariffs and global trade could impact growth, with Asean, China and Hong Kong particularly vulnerable, according to a report by the insurer.
-
- December 17 2024
APAC finpro rates flat to 10% down in 2024: WTW
Asia Pacific saw 5-10% reductions for D&O and PI covers with crime staying flat and fund managers pricing flat or up to 10% down and cyber fluctuating within 5% in ANZ markets.
-
- December 17 2024
Newline Group expands to Hong Kong, hires Carson Choi
Lloyd's player adds to offices in Singapore, Shanghai and Malaysia, with Choi joining as head of financial lines.
-
- December 17 2024
Chubb elevates John Latter as claims lead for overseas general insurance
Latter will oversee the insurer's claims organisation in Europe, the Middle East, Asia Pacific, Latin America and the Far East.
-
- December 17 2024
Howden confirms Rohan Bhappu’s appointment as Asia CEO
Bhappu will take over in October from Goh Chye Huat, who will assume the role of chairman for the region, as first reported by IAN.
-
- December 17 2024
Energy transition needs pragmatism over good intentions, says WTW’s Au
The broker’s regional climate practice lead calls for a nuanced approach which recognises the realities of moving to net zero within realistic time frames.
-
- December 16 2024
Allianz withdraws US$1.6bn offer to acquire Singapore’s Income Insurance
The pre-conditional offer was called off following the Singapore government's decision to block the deal.
-
- December 16 2024
PetroVietnam to fully exit domestic insurance arm by end-2025
Petroleum firm plans to exit HDI Global-backed PetroVietnam Insurance Corporation (PVI) as part of a restructuring of state-owned companies.
-
- December 16 2024
BMS New Zealand continues North Island expansion with appointment of Dan Ackroyd
Auckland-based Ackroyd, who has joined the firm as an executive broker, will work alongside recently hired director Nathan Richmond and executive broker Tim Emms.
-
- December 16 2024
Delta Underwriting appoints Lucy Loh as Asia claims lead
Singapore-based Loh joins from Berkshire Hathaway Specialty Insurance and will help the MGA support its recent A&H expansion.
-
- December 16 2024
Exclusive: Aon India transaction liability leadership departs
Five out of six staff, including Anand Kaul, deputy president - head of transaction liability insurance and credit solutions, are leaving the broker, IAN can reveal.
