Country: Asia Page 103 / 394
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- April 12 2023
Asian SMEs warm up to cyber cover after digital boom
The changing economy is seeing more business being handled online meaning threats are growing, but risk data is still lacking.
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- April 11 2023
Gallagher appoints Ralph Sherbahn as Asia financial lines leader
Sherbahn, who joins from Zurich, is based in Hong Kong and reports to North Asia CEO Thomas Wang.
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- April 11 2023
Taiwan regulator orders four insurers to raise capital or risk being taken over: report
Fubon, Tokio Marine Newa, Hotai and CTBC must restore their solvency levels by the end of June, or they would be taken over by the Financial Supervisory Commission within 90 days.
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- April 11 2023
AM Best upgrades CMB Wing Lung Insurance over CMI deal closure
The Hong Kong carrier to maintain a robust level of risk-adjusted capitalisation over the short to intermediate term.
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- April 11 2023
Carriers eye terrorism and PV coverage as appetite grows and market hardens
Global (re)insurer Axis and Lloyd's player Mosaic Insurance are planning to expand cover in the under-served Asian market.
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- April 11 2023
Charles Taylor ties up with Korean loss adjuster
CTA works with a network of loss adjusting businesses around the world to offer its clients services where it does not have a regional presence.
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- April 11 2023
Market dislocation unlikely to disrupt Asian carriers
Asian insurers are casting their investment nets wider with a growing impetus on the sophisticated aspects of ESG.
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- April 10 2023
Nexus completes majority buyout of Spectrum Risk
Spectrum's presence within the MENA and Asia Pacific market fits with Nexus Underwriting's wider portfolio.
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- April 7 2023
Opinion: Indonesia’s 1998 riots and their impact on the (re)insurance market
Peter Phillips, chief client officer South Asia at Marsh, gives his views on how the events shaped political violence and terrorism cover.
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- April 7 2023
China’s Allianz Jingdong downgraded on poor COR, weakened capitalisation
The Guangzhou-headquartered general insurer's combined ratio rose to 104% in Q3 2022, from 99% in Q3 2021, said Fitch.
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- April 7 2023
InsuranceDekho acquires Indian SME insurance distribution start-up
The insurtech has acquired Mumbai-based peer Verak after recently raising US$150m in a Series A funding round.
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- April 7 2023
Happy Easter from InsuranceAsia News
InsuranceAsia News (IAN) wishes all our readers a happy and healthy holiday period.
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- April 6 2023
Chris Mackinnon takes on extra Lloyd’s regional responsibilities
The head of Lloyd’s Australia and New Zealand has also become Lloyd’s deputy regional director, Asia Pacific, Middle East & Africa.
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- April 6 2023
China reopening to boost Asia’s P&C markets
With inbound and outbound connectivity resumed, a spurt in tourism across the region offers hope for insurers.
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- April 6 2023
AIG confirms Sally Cheung as Hong Kong head of casualty
IAN first revealed the appointment of the former Berkley Insurance Asia head of casualty in January.
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- April 5 2023
Philippines’ oil spill expected to exceed Shipowners’ civil liability limit
Compensation from the oil spill is expected to exceed US$10m, meaning all P&I clubs could be on the hook, with decisions made on a case-by-case basis.
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- April 5 2023
Chubb launches Philippines marine operations
The insurer has appointed marine underwriter Jeanette Cebeda to lead the new team.
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- April 4 2023
Easing capacity constraints offer hope for mid-year renewals: Aon
April renewals progressed in an orderly fashion as the reinsurance market has found itself on a more sustainable footing.
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- April 4 2023
Hannover Re names Firdaus Kasman as Korea team lead
Kuala Lumpur-based Kasman will also continue to head the reinsurer's affinity team with responsibility for Asean, South Asia, Korea and Japan.
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- April 4 2023
Marsh launches ESG ratings for Asia D&O covers
Capacity providers, which include Beazley, will offer preferred terms and conditions to companies that meet minimum criteria based on the risk score.
