Country: Asia Pacific Page 51 / 529
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- December 5 2024
Australia braces for above-average rainfall in December: BOM
The impact of the storms could be catastrophic, with the risk of fallen power lines, flash flooding, damaging winds and falling trees, says Bureau of Meteorology.
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- December 4 2024
QBE Asia elevates Klaas Dijkstra to chief operating officer, Asia
Hong Kong-based Dijkstra will lead strategy development, business transformation, and data & analytics initiatives across Asia.
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- December 4 2024
Despite challenges, Asia Pacific non-life insurers to benefit from rate hikes, costs control: Fitch
The rating agency has assigned a neutral outlook for the Asia Pacific insurance sector.
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- December 4 2024
ARPC hires Guy Carpenter’s Daniel Clune as head of technical claims
In his new role, Clune will oversee technical claims and enhance ARPC's approach to complex claims management.
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- December 4 2024
CFC’s Luke Blayney joins Fusion Specialty as senior partner for APAC
Blayney, who was most recently transaction liability senior underwriter with CFC in London, has relocated to Sydney for the role.
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- December 4 2024
Ketan Mehta joins Gallagher India as chief compliance officer
Mumbai-based Mehta has over 17 years of experience in risk management and compliance, specialising in FCPA, fraud investigations, business process reviews and regulatory compliance.
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- December 4 2024
India’s plan to relax FDI cap sparks mixed reactions
While some praise the potential for growth, others express doubts about the bill’s passage and its impact on local carriers.
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- December 3 2024
Harry Vallance joins Aon Singapore cedent fac team as associate director
Vallance will relocate from London, where he was senior broker with specialist insurance broking firm Amwins Global Risks.
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- December 3 2024
Asia Pacific fastest growing market for cyber insurance: S&P Global
APAC 2019-2023 GWP growth was at 68% for the primary market and 69% for reinsurance compared with 38% and 56% globally, respectively.
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- December 3 2024
Asia mining rates soften as companies seek local capacity: Marsh
Underwriters are concerned with the structural integrity of assets and the availability of spare parts inventory in the industry even as losses tracked higher than might have been expected over the past 12 months.
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- December 3 2024
Philippines’ KRM Reinsurance Brokers announces new CEO and leadership team
The broker has appointed Isagani Acosta, Jr, as president and CEO, Jared Uichico as CCO and Hanneli Oasan as CFO.
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- December 3 2024
Gallagher Australia acquires transport specialist Hann Insurance Brokers
The New South Wales based broker's MD Rhett Hann and his team will join the global broking group's Newcastle office.
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- December 3 2024
The industry has to be nimble in dealing with climate risks: Swiss Re’s Lubomir Varbanov
The key challenge and opportunity for the market is the need for multilateral development banks to adapt to evolving risks, particularly those related to climate change.
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- December 3 2024
Exclusive: Charlotte Lau leaves Sedgwick following Asia CEO switch
Last Friday, the loss adjuster announced that Stephen Kerr will take over the role of Asia CEO from Veronica Grigg.
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- December 2 2024
Allianz Australia acquires RAA’s general business for US$415m
Allianz will underwrite the carrier's general insurance policies excluding travel and manage product, pricing and claims while RAA will handle marketing and distribution and continue offering products and services under its brand.
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- December 2 2024
LK Re chosen as Lloyd’s broker after three years in Singapore
This will allow the reinsurance broker to participate directly in the Lloyd's market and take advantage of the marketplace's licences in more than 200 countries.
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- December 2 2024
Yagi third costliest typhoon in Asia with US$1bn insured loss: Munich Re
Early estimates of the overall losses from the typhoon season are thought to be around US$22bn, with insured losses of US$2bn, the reinsurer said.
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- December 2 2024
Edme Insurance Brokers promotes Saurav Guha Maulik to director, private equity and M&A services
Maulik was most recently director and business lead for private equity, M&A and structured credit lines with the broker.
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- December 2 2024
KRM Reinsurance Brokers elevates Leonard Carreon as assistant vice president
Manila-based Carreon has been with the broker since October 2019, most recently serving in the role of senior manager.
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- December 2 2024
Agile continues ANZ buildout with Jamie Connor promotion
Connor's promotion to head of aviation for Australia and New Zealand aligns with the MGA's strategy to strengthen its position in the region since entering the NZ market in August.
