Country: Asia Page 12 / 53
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- October 13 2023
AIG takes BHSI’s Matthew Bond to head energy and construction for APAC
Bond, to be based in London and Singapore, will be responsible for underwriting and business development across the region.
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- October 13 2023
MoneyHero to list on Nasdaq following SPAC deal with Pacific Century and Thiel Capital
The deal gives the financial services platform, which operates in Singapore, Hong Kong, the Philippines, Malaysia and Taiwan, access to around US$100m of capital.
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- October 13 2023
CCi appoints Nick Barham as head of technical expert services – Asia
Barham, who is relocating to Singapore, will lead the expansion of the consultant's technical engineering services to its insurance and construction clients in the region.
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- October 13 2023
Asian aviation, marine markets react to war risk peril as Israel conflict breaks out
A senior market source tells IAN that airlines are unlikely to be able to gain cover as Israeli government steps in with US$6bn to support home carriers.
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- October 11 2023
Extreme events in Greater China could lead to US$4.6tn economic losses over five years: Lloyd’s
This is the largest financial impact, closely followed by Asia Pacific with the losses worth US$4.5 trillion, says new Lloyd's systemic risk scenario that models food and water shocks.
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- October 11 2023
Allianz Partners, boltech tie-up for device and appliance insurance
Customers in Asia Pacific and the US will be able to purchase protection at the point of need for a range of household products, including mobile and digital devices, and household appliances.
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- October 11 2023
Sedgwick | Transformation and other ‘T’s’: Four areas to focus on now to navigate change tomorrow
Leaders don’t have to fear change, taking steps to build trust, embrace transparency and encourage training helps teams respond better to challenges, writes Nicki Dunn, head of TPA and client services, Sedgwick in Asia.
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- October 11 2023
Parametric expansion to help cover niche APAC risks
Insurers need to quickly adapt index-based products to climate change using data analytics and technology to support client needs.
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- October 9 2023
Axa XL strengthens Singapore team with crisis management and special risks underwriter
Grace Yeap joins from Chubb and will be in charge of crisis management, risk appetite and broker relationships across political violence and terrorism business lines.
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- October 6 2023
Asian EV insurance market revving for expansion beyond China
As electric vehicle manufacturing, ownership and charging infrastructure grow rapidly around the region, carriers are rolling out tailored products.
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- October 5 2023
Guy Carpenter hires Swiss Re’s Blake Dimitrijevic as APAC head of capital advisory
Hong Kong-based Dimitrijevic will report to chief executive Tony Gallagher.
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- October 5 2023
Asia fossil fuel risks grow in reliance on captives, smaller players and MGAs
With larger players shying away from coal cover, miners are turning to self-insurance and specialists, while oil and gas is still supported.
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- October 4 2023
Fusion-owner Pop Holdings hires Shannon Murphy as group CIO
Murphy has three decades of experience in senior technology roles, including at AIG, ING and Axis in Asia Pacific.
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- October 4 2023
Lack of aggregate cover brings earnings volatility to APAC carriers
As rates soar, insurers are retaining more nat cat risk on their books, with the situation set to continue into the 2024 renewals.
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- October 3 2023
The Hartford drops Navigators brand in Asia; Philip Chan retires
Philip Chan, Hartford’s head of Asia, retired at the end of September, with Ethan Tay becoming responsible officer for Hong Kong.
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- October 3 2023
Opinion: Is APAC really a mature insurance market?
A healthy 12% CAGR across the bespoke and nuanced liability covers markets is a sign that the region is quickly catching up with the US and Europe.
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- October 2 2023
Howden renames Asian specialist arm as it unveils global rebrand
IPG Howden, the group's Asian high-net-worth life insurance broker, will be renamed Howden Private Wealth.
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- September 29 2023
WTW | A new way forward: Cutting through Asia’s coal conundrum
With power demand soaring and coal placements declining, fossil fuel plants and insurers must work in tandem to accelerate decarbonisation and ensure the region’s resilience.
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- September 28 2023
Asian Reinsurers’ Summit reaffirms need to foster closer collaboration among Asian reinsurers
Malaysian Re hosted the three-day conference of 11 national reinsurers from the region in Kuala Lumpur from September 25-27.
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- September 27 2023
Mega cargo vessels present growing claims issues for Asia ports
Cargo from larger ships is exposed to potentially higher risks by staying in ports longer, increasing the prospect of claims in relation to theft, delays in delivery, flooding, defrosting and container damage.
