Country: Asia Pacific Page 93 / 511
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- April 17 2024
Crawford Australia elevates Brendan Ames as business development manager
Victoria-based Ames will focus on developing the company's business across multiple lines including domestic, strata, commercial, liability, forensic accounting,, marine, cyber, construction, and contractor connection.
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- April 17 2024
Dali ship owner declares general average for Baltimore bridge allision
The shipowner has appointed Richards Hogg Lindley/Charles Taylor (Japan) as general average adjusters.
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- April 17 2024
El Niño has ended, says Australia’s Bureau of Meteorology
The US National Oceanic and Atmospheric Administration said that there’s a 60% chance that La Niña will develop by June–August, which could mean a more active Atlantic hurricane season.
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- April 16 2024
Sedgwick hires Charlotte Lau from Crawford to head Asia’s customer operations
Sydney-based Charlotte Lau will support Asia's chief operating officer Stephen Kerr, and the region's chief client officer Nicki Dunn to enhance customer service processes and innovation.
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- April 16 2024
Markel appoints Priyanka Gautama as chief underwriting officer for India
Mumbai-based Gautama will focus on developing a new casualty portfolio for the Lloyd's carrier in India.
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- April 16 2024
Fitch downgrades outlook for Sinosure, China Taiping group entities after sovereign rating action
The negative outlook reflects a potential decline in the willingness and ability of the government to support insurers with weaker standalone credit quality.
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- April 16 2024
Taiwan earthquake preliminary non-residential losses exceed US$263m: Guy Carpenter
While not all of these losses are insured, the residential earthquake insurance fund has reported claims of about US$23m from 472 claims, data from the broker showed.
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- April 16 2024
IRDAI’s onshoring push may squeeze out cross-border reinsurers
The Indian regulator’s plan to introduce collateral will raise costs, increase compliance and administrative burdens.
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- April 16 2024
WTW appoints Andrew Lam from Aon as property placement broker for Asia
Singapore-based Lam has handled north Asia property & casualty placements extensively during his over decade-long experience.
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- April 16 2024
Marsh’s Australian finpro practice promotes Stephanie Wen, Eden Dunlop
Wen has been elevated to financial and professional liability principal and Dunlop to finpro senior account executive
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- April 15 2024
Miller expands APAC cargo offering with Aon hire
Ferriolo, who joins as producing broker, will relocate to Singapore and work closely with Jamie Kearney, the broker's global head of cargo.
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- April 15 2024
Aon appoints Shailendra Sapra as CEO of India reinsurance solutions
Sapra, who has been with the broker since 2010, will be based in Mumbai and report to APAC reinsurance CEO George Attard.
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- April 15 2024
India’s GIC Re to revive stake sale post-elections: report
Chairman of the state-owned reinsurer dismissed the possibility of a privatisation in the "immediate future". The priority is to improve its credit ratings to grow its international business.
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- April 15 2024
IRDAI allows carriers to customise commercial policy wordings: reports
Non-life insurers were previously restricted to offering standard base policy wordings for motor, property, and engineering insurance cover based on which they could provide add-on covers/riders.
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- April 15 2024
Arch Insurance Australia appoints Carmen Tung as Southern region underwriting manager, casualty
Melbourne-based Tung's appointment follows the promotion of Chris Wild to Northern region underwriting manager, property.
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- April 15 2024
HK Insurance Authority courts Chinese insurers, municipalities to grow cat bond hub
- Analysis
- Cat Bond
- China
- China Re
- Insurance Authority of Hong Kong
- Peak Re
- PICC Property and Casualty
- PICC Re
The regulator is reaching out to Chinese (re)insurers and local governments as it seeks to entice potential cat bond issuers to the city and build an insurance-linked securities hub for the Greater Bay Area.
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- April 12 2024
Lockton, QBE, NorthStandard submit proposals for Singapore’s e-harbour craft charging points project
Other interested insurers also include Income Insurance, the Shipowners’ Mutual Protection and Indemnity Association, Tigermar Global, and Cambiaso Risso Asia.
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- April 12 2024
Liberty Specialty Markets promotes Kaihui Chong to head of tax, Asia Pacific
Singapore-based Chong was most recently senior tax underwriter for the carrier.
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- April 12 2024
Sure raises Northern Queensland residential strata cover to AU$20m to improve access
The move is expected to allow body corporates and lot owners who have been challenged by affordability or under-insuring their complexes to access "alternative strata premium offerings", the insurer said.
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- April 12 2024
Everest appoints Sophie Servera from Vero as senior property underwriter
After a 17-year career with Vero, Sydney-based Servera has started her new role at Everest in April.