Country: Asia Pacific Page 9 / 500
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- February 7 2025
Allianz Commercial promotes Horace Gon to deputy Hong Kong CEO
New role in addition to responsibility as head of financial lines for Hong Kong and greater China.
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- February 7 2025
Hannover Re’s 1.1 APAC premium growth flat as it ‘adjusts’ appetite
Primary rate increases have not been as pronounced in the region, with executive board member for P&C Sven Althoff telling IAN that the reinsurer is 'watching carefully'.
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- February 6 2025
KB Insurance income up 17.5% to US$676m in FY24
Long-term was the only line registering growth, while the Korean carrier's general business recorded a US$18.4m loss and its motor line fell 82.2%.
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- February 6 2025
Australian broker domo recruits Aon’s Anthony White as head of property, construction
White returns to Melbourne to join the broking startup after nearly a decade in London as part of Aon’s international construction team.
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- February 6 2025
Berkley expands in India’s GIFT City with CUO appointment
Ashaya Kantawala joins the carrier from Tata AIG, where he was national head for casualty lines.
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- February 6 2025
Queensland flood claims near 4,000, but too early to estimate total damage
Insurance Council of Australia says many communities remain isolated after the region was battered by heavy rain since last week.
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- February 6 2025
Arundo Re grows Asia business 33% at January 1 renewals
French reinsurer’s total GWP at the 1.1 renewals topped US$1bn.
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- February 6 2025
Aon appoints Terence Williams as head of commercial risk solutions for APAC
WIlliams, who was most recently the chief broking officer for the EMEA region based in London, will relocate to Singapore for the new role.
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- February 6 2025
Sompo appoints Lily Claydon as chief risk officer, Asia Pacific
Claydon joins from AIG, where she was the APAC chief risk officer.
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- February 6 2025
Aon bolsters Pacific M&A and transaction solutions team with new head
Kris Karlsson will be based in Sydney and report to Eden Fletcher, head of specialty solutions, Australia.
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- February 6 2025
Aon elevates Helen Lockwood to head of affinity and small business, Australia
Sydney-based Lockwood was previously head of strategic platforms and technical at Aon since October 2022.
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- February 5 2025
IAG, Allianz said to be in the race for RAC Insurance: report
The Royal Automobile Club of Western Australia had hired boutique advisory firm Barrenjoey to conduct a strategic review including for its insurance arm.
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- February 5 2025
Tower increases FY25 profit guidance on ‘better-than-expected’ claims performance
Guidance on COR for the financial year has improved to between 84-86%, down from 87-89%.
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- February 5 2025
Aon: Asian market continues to soften, Japan bucks the trend
While most markets in the region saw up to 10% reduction in Q4, Japan had a 10% increase in rates, the broker's report said.
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- February 5 2025
Asia insurance rates decline 3% in Q4 2024, driven by cyber and finpro lines: Marsh
Cyber rates drop by 11%, while finpro falls 9%, both extending the previous quarterly declines in 2024, according to the latest Global Insurance Market Index by the broker.
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- February 5 2025
‘We are the captain of this ship’: Bajaj-Allianz edges closer to split
Chairman and managing director Sanjiv Bajaj expresses the need for 'greater control' in an interview with Bloomberg TV.
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- February 5 2025
Pacific rates suffer largest drop in Q4 2024, driven by finpro, cyber and property lines: Marsh
Finpro premiums fell by 12%, while cyber and property declined by 8%, according to the Global Insurance Market Index.
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- February 5 2025
Aon promotes Lee Huang Ng to head of Taiwan
Ng will relocate to Taipei and report to head of Greater China Qin Lu after succeeding new head of Hong Kong, Ernest Leung.
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- February 5 2025
GIC Re moves ahead with plan to set up UK subsidiary
Subject to regulatory approval, Indian state-owned reinsurer will incorporate the wholly owned GIC Re, India Service Company.
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- February 5 2025
Allianz Partners names Dominic Ganter as MD for Greater SE Asia
Gantner, who joined the company in 2019, was most recently managing director for Southeast Europe.