Country: Asia Pacific Page 62 / 556
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- February 19 2025
Howden Re taps Axa’s Emily Lo for Asia head of analytics role
Lo was general insurance pricing and product development director at Axa Hong Kong and Macau, having joined the company over eight and a half years ago from Swiss Re.
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- February 19 2025
Tokio Marine Holdings promotes 2 vice president directors amid vast reshuffle
Senior managing directors Kenji Okada and Kichiichiro Yamamoto will take up their new roles as of April 1.
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- February 19 2025
Austbrokers Corporate promotes John Kay to CEO
Kay joined the AUB Group-owned corporate broking specialist in March 2024 as head of general broking and has been serving as acting CEO since October.
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- February 19 2025
Cyclone Zelia losses to be minimal for Australia’s self-insured iron ore miners as key port spared
Mining companies have protective measures, including co-insurance or high deductibles, Crawford's Jonathan Hubbard tells IAN.
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- February 18 2025
Labuan Re names Zaid Aziz Ibrahim new CEO
Malaysian reinsurer also appoints Melissa Karim as acting head of underwriting.
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- February 18 2025
Australia’s insurance stocks fail to recover as opposition leader puts ‘sector on notice’
Opposition leader Peter Dutton followed up on his threat to break up insurers, which had led stocks to tumble on Monday.
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- February 18 2025
AIG Japan in good stead with robust capitalisation, liquidity: S&P Global
Rating agency upgrades outlook from stable to positive, while affirming A+ rating.
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- February 18 2025
Swiss Re CorSo adds Aristya Wu as underwriter to APAC trade finance, working capital solutions team
Singapore-based Wu joins from Allianz Trade having also worked for Liberty Specialty Markets, Aon and AIA.
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- February 18 2025
Allied World appoints Hafiz Zakaria as APAC marine underwriter
Singapore-based Zakaria joins the carrier having spent over nine and a half years as an underwriter with AIG.
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- February 18 2025
Aon appoints Jennifer Richards as Asia Pacific CEO
Richards will take up the role vacated by Anne Corona and will relocate from Australia to Singapore in the coming months.
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- February 18 2025
ILS specialist Twelve Securis eyes APAC after merger, with parametrics set to open doors
Setting up an office in Singapore or Hong Kong is part of the plan for the fund manager, CEO Urs Ramseier tells InsuranceAsia News.
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- February 17 2025
Envest to merge Aviso Broking into PSC Insurance Brokers
The newly expanded business, to be led by Benjamin Goodall, will service more than 50,000 clients and place US$584m GWP under the PSC Insurance Brokers brand.
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- February 17 2025
Seoul Guarantee scales down IPO valuation by 39% to US$1.5bn: reports
Korean surety and credit insurer reduces its expected offer price range to US$18-22 per share from US$27-36.
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- February 17 2025
Australian opposition leader threatens to break up insurers found to be overcharging
Peter Dutton tells Sky News the insurance sector needs more competition to make sure customers are 'not being ripped'.
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- February 17 2025
Vietnamese coffee farmers receive first-ever payout from Willis’ parametric policy
The risk transfer solution, backed by the Natural Disaster Fund and in partnership with Bao Minh Insurance, uses satellite data to measure rainfall levels in the country’s coffee-growing regions.
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- February 17 2025
QBE beefs up leadership by snapping up Beazley Digital CEO Ian Fantozzi
Fantozzi joins the Australian insurance group's leadership team as group executive for technology and operations.
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- February 17 2025
Increasing costs, reduced profitability main challenge for SMEs in Hong Kong and Singapore: QBE
In Hong Kong, staff acquisition and retention and labour shortage is the second biggest concern for 50% of SMEs, while in Singapore, 56% of respondents are worried about sales growth and reduced customer spending.
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- February 17 2025
MS&AD accelerates, while Tokio Marine, Sompo see overseas topline growth moderate in Q3 FY24
MS&AD’s foreign subsidiaries grew NWP by a combined 25%, in contrast to the 1.2% growth posted by Tokio Marine’s international non-life businesses and 0.8% by Sompo’s overseas arms.
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- February 17 2025
GAIP appoints Min Hung Cheng as interim CEO following John Maroney departure
Singapore-based Cheng will assume the role from March 18 until a new CEO is appointed.
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- February 17 2025
Tokio Marine’s underwriting profitability to improve on steady rate hikes: Fitch
Fitch Ratings also affirms insurer financial strength rating of AA- (very strong), with a stable outlook.
