Country: Asia Page 127 / 408
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- January 26 2023
APAC insured nat cat losses hit US$11bn in 2022: Aon
Australia made up a third of the losses which were below the US$15bn annual average in the 21st century as regional tropical cyclone activity reduced.
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- January 26 2023
Berkley Re Asia appoints senior China casualty underwriter
Ling Li has most recently been a liability senior underwriter at PICC P&C.
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- January 26 2023
Oneglobal hires Hong Kong account manager
Sue Tan is relocating from Taiwan where she worked as an assistant manager at TW Insurance Brokers.
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- January 25 2023
Analytics: Asian economic, BI and cyber worries on the rise in 2023
Higher-than-expected inflation and financial market volatility are among the biggest concerns for insureds in the region.
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- January 25 2023
US$10.5m estimated air crash loss raises concerns over Nepal’s aviation sector
IAN understands that Nepali insurers usually only take up 3% of the ratio of the loss payout.
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- January 25 2023
Micia Yong handed executive role at Gallagher Re
In her new role, Yong will be responsible for retrocession and client work in Asia Pacific.
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- January 25 2023
Fitch downgrades Sri Lankan Co-operative Insurance
CICPL's investment and liquidity risks have increased.
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- January 20 2023
Vietnam’s PTI capital adequacy weak: AM Best
The firm suffered from underwriting losses associated with Covid-19 insurance policies.
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- January 20 2023
Hong Kong P&C, specialty prospects brighten as China reopens
Revival in GBA investments and travel to drive cyber, D&O, M&A, PI and energy lines.
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- January 20 2023
IRDAI’s solvency exemption for United India bonds could trigger more redemptions
The regulator has allowed the insurer to exercise a call option despite not meeting the minimum solvency ratio.
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- January 19 2023
Chubb appoints Singapore country president
Hng Keng Yoong, Chubb's Malaysia chief operating officer, takes on the P&C role.
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- January 19 2023
Mark Dyson steps in as Lloyd’s Asia interim CEO
Lloyd's chief financial officer for Asia Pacific, Middle East and Africa replaces Thomas Haddrill who is joining WTW.
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- January 19 2023
Competition cushions China renewals
Despite tough market conditions, cedents managed to extract some concessions.
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- January 18 2023
Markel India appoints Priyesh Pradhan as financial lines underwriter
Pradhan will report to Anirudh Singh, chief underwriting officer of Markel India.
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- January 18 2023
Cybersecurity firm Blackpanda eyes Asia growth after US$15m Series A
The firm wants to use its investment from Primavera Venture Partners and Gaw Capital Partners to deepen its regional presence.
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- January 18 2023
CBIRC’s new motor pricing regime may strain small insurers’ profitability: Moody’s
The regulator hiked the floating range of the independent pricing coefficient of commercial motor insurance to 0.5 - 1.5.
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- January 18 2023
Indian non-life insurers generated US$37bn of premiums in 2022
Motor was one of the classes which helped Indian non-life premiums grow 14.65% in 2022.
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- January 17 2023
Howden’s new capital risks arm makes senior APAC hire
Former National Australia Bank credit insurance buyer Christopher Evans joins as executive director of Howden CAP in Brisbane.
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- January 17 2023
Domestic market dynamics reshape Asean renewals
While rating downgrades shook up Indonesia, carriers sought ‘payback’ for Malaysian floods.
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- January 17 2023
Sinosure insured US$900bn worth of trade in 2022
The trade-credit insurer saw its SME business grow 15.7% year-on-year covering US$227m in business.
