Country: Asia Page 120 / 440
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- October 11 2023
Everest ropes in Chubb veteran Stuart Kerr as head of international casualty
Kerr was most recently head of P&C Thailand and head of casualty Asia for the American insurance major.
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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
Zurich expands APAC M&A and business development team with senior hire
Hong Kong-based Cathy Lo becomes senior manager in regional M&A and business development team, reporting to Kevin Angelini, Asia Pacific head of strategy and M&A.
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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
Indian insurtech InsuranceDekho raises US$60m in Series B funding round
The New Delhi-based firm has direct integration with 46 insurers across India offering more than 380 insurance products including 175 for life and health.
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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 11 2023
Patrick Lam to head AIG Hong Kong motor & personal property
Lam joins from insurance platform boltech where he managed product and underwriting for motor.
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- October 11 2023
UK P&I Club’s Peter Jones to relocate to Singapore for underwriting director role
Jones is transferring to Singapore from the Club’s London office to help service the region’s shipowners and brokers.
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- October 10 2023
India may see rebound in insolvencies despite GDP growth set to outpace regional peers: Allianz Trade
The increase, about 36% this year, is largely driven by the catch-up effect due to the long suspension of courts during the Covid years, according to the trade credit specialist.
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- October 10 2023
Berkley hires Tony Yu as Greater China claims manager
Yu will report to Sica Quan, head of claims for North Asia, and Roden Tong, chief executive of the Hong Kong branch.
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- October 10 2023
Himalayan Everest Insurance in climate product pact with The Rockefeller Foundation
The Nepalese P&C player will design and launch "comprehensive" and "affordable" microinsurance with payouts linked to "climate shocks".
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- October 10 2023
Hong Kong’s record rainstorms put focus on ‘overlooked’ water damage risks
Property and construction firms should prioritise protection from water, which causes more than half of all damage in the SAR, say leaders from Zurich and Lockton.
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- October 10 2023
Reinsurance-driven Indonesian non-life carriers continue to face underwriting challenges: AM Best
AM Best has assigned a negative sector outlook for the Indonesian non-life insurance sector due to heightened reinsurance credit risk.
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- October 10 2023
TT Club appoints Kamel Tlili regional general manager for Asia Pacific
Singapore-based Tlili joins from British Marine P&I, where he was leading the underwriting division in Asia.
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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 9 2023
Observatory raises T9 signal as typhoon slams Hong Kong after Taiwan hit
There have been multiple disruptions across the SAR including 90 flights being cancelled and a further 130 delayed.
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- October 9 2023
Exclusive: (Re)insurers staring at US$2bn+ losses from India’s Himalayan dam collapse, flood damage
An IFFCO Tokio-led panel of eight insurers have a US$1.37bn property damage and BI policy for the 1,200MW Teesta-III project that was completely damaged in a flash flood, show documents reviewed by IAN.
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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
Peak Re scripts a turnaround with H1 profit of US$160m
The Hong Kong reinsurer posted a COR of 82.2% as against 108.4% a year ago.
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- October 5 2023
Thailand’s Rabbit Care Broker acquires local peer EasyCompare
BTS Group-owned business has added around 30,000 new customers through this acquisition to leverage its extensive product portfolio.
