Country: Asia Page 108 / 416
-
- August 4 2023
Qin Lu becomes Aon’s Greater China CEO
He was most recently Greater China chief executive at Aon Reinsurance Solutions and head of commercial risk solutions, China.
-
- August 4 2023
Taiwan insurers face high capital pressure despite eased rules: Fitch
Certain new amendments under the new solvency framework will also ease the burden on local insurers.
-
- August 3 2023
Chubb promotes Serene Neo to APAC head of A&H
Singapore-based Neo started the role this week and reports to Ben Howell, head of consumer, Asia Pacific.
-
- August 3 2023
Mixed picture for Asia’s P&C markets in Q2 as overall composite pricing flattens: Marsh
Hong Kong led the way in overall composite rate reductions at minus 6.6% and Taiwan climbed the highest at plus 24%.
-
- August 3 2023
Aon Vietnam restricted on some placement activities after regulatory inspection
The broker has been restricted from placing property, construction, fire, life and health insurance for three months until October 21.
-
- August 3 2023
The Hartford’s Philip Chan to retire with Ethan Tay to lead Hong Kong operation: source
Tay, the insurer's APAC head of financial lines, will take on the additional role of responsible officer for Hong Kong, subject to regulatory approval.
-
- August 3 2023
US ‘nuclear verdicts’ reverberate in Asia
Regional liability premiums may feel the pinch of US social inflation as supply chains recover.
-
- August 2 2023
Sompo International takes BHSI’s Emily Poh to head APAC professional lines
Singapore-based Poh will report to Paul O'Neill, regional head of commercial lines.
-
- August 2 2023
Japan insurance price-fixing scandal escalates as multiple complaints come to light
Reports suggest the country's big four non-life carriers may have colluded to fix premium rates in co-insurance contracts involving Tokyu Group, Keisei Electric Railway, ENEOS and East Japan Railway, among others.
-
- August 2 2023
Scandal-hit Vesttoo to close Asian offices: report
The insurtech will close its Tokyo, Hong Kong and Seoul offices, and lay off around 75% of its global staff.
-
- August 2 2023
QBE betting on specialty, GBA to drive north Asia growth
The carrier is looking to leverage its global expertise, build regional partnerships and 'supercharge' distribution channels, says region chief Lei Yu.
-
- August 2 2023
Chubb reshuffles senior Asia Pacific P&C leadership
Chris Gough is leading P&C lines in Asia and Hayden Baker has taken over Gough's role as head of P&C for Australia & New Zealand.
-
- August 1 2023
Asian aircraft lessors set for June 2024 trial over insurance claims on jets in Russia: report
SMBC Aviation, BOC Aviation and CDB Aviation are preparing for the hearing in cases involving several leading global (re)insurers.
-
- August 1 2023
Axa XL bolsters north Asia marine team with two senior promotions
Shirley Kwok has been promoted to head of marine cargo, North Asia, with Gary Tin elevated to senior underwriter.
-
- August 1 2023
Asia saw ‘double-digit’ D&O price decreases in Q2 as cyber rose 8%: Marsh
Composite insurance pricing in the region was flat as hikes in property and cyber were offset by a decline in casualty and financial and professional lines rates.
-
- August 1 2023
China, Philippines and Taiwan count US$150m-plus Typhoon Doksuri damage, prepare for Khanun
Beijing is facing a historic rain event after storm damaged crops, roads, bridges, and houses and triggered landslides, with yet another typhoon threatening the region.
-
- July 31 2023
Ben Carey to join Chubb as APAC head of field operations
Carey, who is leaving Everest Insurance, will start the newly created role in Q1 2024 and be based in Singapore.
-
- July 31 2023
Everest Insurance’s Swee Keong Mah named interim Asia head
Singapore-based Mah, who is the head of legal, Asia Pacific, was handed charge on July 28 following Ben Carey's exit.
-
- July 31 2023
Japan P&I Club sees increase in free reserves, ratings affirmed: S&P Global
The rating agency also revised the company’s financial risk profile upwards as its capital adequacy has improved to the 'AA' confidence level following a US$49m unbudgeted supplementary call.
-
- July 31 2023
Korea’s evolving underwriting dynamics put reinsurance in focus
Carriers may need to improve underwriting discipline in light of the hardening market and rising interest rates.
