Country: Asia Pacific Page 5 / 514
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- April 14 2025
Generali GC&C taps Tokio Marine Asia’s deputy CEO as global head amid major restructure
Philippe Vezio relocates to Milan having spent the last six years in Singapore.
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- April 14 2025
Australia’s Aviso Specialty names Tom Frisby national placement leader
Melbourne-based Frisby has been with Aviso since January 2024, having spent over 10 years with Marsh.
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- April 14 2025
Marsh Hong Kong promotes Andy Wong to specialty MD, consultancy group leader
He previously held the role of senior vice president, leading the practice of credit specialties and Marsh's consulting service for insurers.
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- April 14 2025
Munich Re elevates Tim Tse to head of fac, corporate for Southeast Asia
He has been working at the reinsurer for 10 months, most recently as a senior engineering underwriter.
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- April 14 2025
ICA has ‘significant concerns’ over Labor’s home guarantee expansion
Government plans to guarantee all low-deposit home loans for first home buyers under lenders’ mortgage insurance (LMI).
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- April 14 2025
Canopius appoints Andrew Ziolkowski to lead ANZ
He succeeds Craig Elliot, who has served as interim head of the Australia business since December 2024.
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- April 14 2025
NFRA introduces updated insurance consolidation rules
Companies will have to focus on preventing risks that can spread within the group, separate risks and prevent issues like capital duplication and excessive borrowing.
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- April 14 2025
‘Unsurprising trend’ as product recall market goes from strength to strength amid global supply chain complexity
Pricing is relatively stable on a risk-adjusted basis in APAC due to new market entrants and capacity from London, sources told InsuranceAsia News.
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- April 14 2025
Myanmar insurers temporarily halt new disaster coverage after quake: reports
Existing natural disaster insurance policies are allowed to be renewed and extended, but it remains uncertain when the sales of new policies will resume.
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- April 14 2025
Insurance claims from South Korea wildfires near 5,000, mostly for crops: report
Insurers have paid out at least US$131,800, while assessing damage for crop-related claims is expected to take time.
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- April 14 2025
India’s Anand Rathi Insurance Brokers appoints Sumit Dutt as chief executive, principal officer
Mumbai-based Dutt was previously director of sales with Edme Insurance Brokers, where he worked for one year and six months from May 2023.
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- April 11 2025
‘Tariffs are just one piece of the puzzle’: Aon’s Asia head of shipping
Oliver Miloschewsky tells IAN's Between The Lines podcast that 'tariffs are easy to impose, but the effects tend to be very long-term'.
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- April 11 2025
Hong Kong Export Credit Insurance Corporation announces measures to counter US tariffs
The corporation will extend free pre-shipment cover for SMEs, provide a 50% discount for other policyholders and reduce premium for emerging markets.
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- April 11 2025
Hannover Re to acquire iptiQ, Swiss Re’s Australian direct life portfolio
Deal expected to close in 18 months, and marks Swiss Re's complete exit from iptiQ.
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- April 10 2025
US tariffs may slow premium growth in trade-related P&C lines, raise claim costs: Moody’s
Supply chain disruptions and lower trade volumes could significantly reduce insurance demand for certain lines in Asia like marine cargo and credit.
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- April 10 2025
Allied World hands Ada Lui expanded role as deputy head of Hong Kong branch
Role is in addition to her current position as senior vice president and head of APAC pricing.
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- April 10 2025
Fitch downgrades five Chinese insurers in line with sovereign rating action
The rating action was on export credit insurer Sinosure and China Taiping Insurance and its three subsidiaries.
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- April 10 2025
Marsh elevates Ross Hoy to renewable energy leader for Pacific
Sydney-based Hoy has been a principal with the insurance broker since January 2021.
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- April 10 2025
With wildfires becoming more intense, damaging and frequent, insurers eye new approaches to coverage
Events in South Korea and Japan highlight the rising threat of wildfire risks in areas and nations where they have traditionally been seen as a non-peak peril.
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- April 9 2025
Carrot Insurance considering merger with parent Hanwha amid financial troubles
The digital carrier CEO Moon Hyo-il reportedly told employees that they are reviewing a capital increase and a merger with its parent.