Country: Asia Pacific Page 5 / 526
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- June 9 2025
Japan’s Mitsui Sumitomo Insurance domestic operations performance to remain stable: AM Best
The rating agency has affirmed financial strength rating of A+ (Superior) and long-term issuer credit rating of “aa” (Superior) to MSI.
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- June 9 2025
Putting Markel on the map: International president Andrew McMellin eyes US$500m APAC premiums written by 2030
Specialty insurer also targets US$5bn of premiums across its international markets, while trying to get a 50/50 balance between London and non-London books of businesses.
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- June 9 2025
Manulife unit to re-domicile to Hong Kong from Bermuda in November
Second insurer after Axa to shift its base under Hong Kong's new company re-domiciliation regime.
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- June 9 2025
Miller expands in Korea as Marsh’s Justin Roh takes on senior vice president role
Seoul-based Roh brings over two decades of marine insurance and legal expertise to support Miller’s Asia expansion strategy.
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- June 9 2025
Aon Singapore names Tisha Soh as head of client services, health solutions
For the last 11 years, Soh has been focused on employee health benefits, having worked at Great Eastern, WTW and Cigna Healthcare.
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- June 9 2025
New Zealand’s Natural Hazards Commission secures US$6.3bn in reinsurance cover
The cover, renewed on June 1, includes NZ$225 million from a multi-year catastrophe bond issued in 2023.
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- June 6 2025
Specialist MGA Coastal Marine appoints Callum Clark as CEO
Clark brings in 20 years of marine (re)insurance underwriting and broking across Singapore and London.
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- June 6 2025
BP Marsh folds Australian construction specialist MGA Sterling into ATC
UK PE firm BP Marsh will hold 27% of the combined entity following the transaction.
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- June 6 2025
Clifford Scott appointed head of construction at New Zealand’s Mecon Insurance
Scott, who took up the role officially last week, was previously the CEO of Growing Spectrum New Zealand.
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- June 6 2025
WTW appoints Amarpal Singh as cyber leader in India
Delhi-based Singh has also been named as north leader within the financial and executive risks (finex) division at Willis.
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- June 6 2025
OCBC offers US$700m for remaining stake in Great Eastern, carrier’s shareholders to vote
Bank offers Singaporean carrier SG$30.15 per share, potentially increasing its value to US$11bn, to support its proposal to seek a delisting of shares.
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- June 6 2025
Chubb promotes Doug White to senior vice president, Asia Pacific
Hong Kong-based White will focus on strategic projects, provide mentorship to the P&C team, and contribute to the carrier's country boards across the region.
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- June 6 2025
Tokio Marine at ‘tipping point’ as it prepares to turn the page on its ambitious transformation plan
CEO Satoru Komiya says the group is eyeing growth from its domestic P&C business via a Japanese-style specialty insurance with low and stable CORs, mainly in the SME market.
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- June 5 2025
RGA concludes block reinsurance policies for Tokio Marine’s life arm
Reinsurance of whole life policies with Anshin Life follows a US$700m reinsurance block transaction completed in 2024.
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- June 5 2025
Australian insurers faced with US$1.9bn bill after triple whammy: JBA
February's north Queensland floods, ex-Tropical Cyclone Alfred, and the ongoing Mid North Coast and Hunter Regions floods in New South Wales have caused widespread damage.
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- June 5 2025
Resolution Life closes US$1bn Hong Kong block reinsurance deal
The first deal for the reinsurer in Hong Kong covers an in-force portfolio of participating whole life and annuity policies.
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- June 5 2025
QBE appoints Sebastian Tjornelund as interim head of marine for Asia
Tjornelund succeeds Rama Chandran, who is leaving to head specialty MGA Rokstone's new office in Singapore.
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- June 5 2025
US port fees present ‘significant challenges’, says Skuld, as owners, charterers eye calm waters
China service fees are generating confusion in the maritime industry, particularly regarding the definition of vessel operators and the responsibilities of various parties involved in charter agreements, according to the P&I club.
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- June 5 2025
Specialty MGA Rokstone drops anchor in Singapore with QBE’s Rama Chandran at helm
Backed by a multi-year, US$25m Lloyd’s capacity, the London-based (re)insurer's Asian business is expected to underwrite all marine classes.
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- June 5 2025
Swiss Re CorSo appoints Aimee Curtain as head of property & specialty for ANZ
Curtain takes over from outgoing head Luke Griggs as the commercial insurers continues its regional leadership shakeup.
