Country: Asia Page 135 / 429
-
- May 8 2023
Asian D&O prices mirror global softening as capacity, competition grows
Rates may continue to moderate in the coming months but economic headwinds and regulatory changes in the region may warrant another correction.
-
- May 5 2023
Swiss Re rejigs Asia board with Victor Kuk appointed as CEO
Paul Murray steps down after becoming global CEO for L&H Re, while Deanna Ong has been named chairperson of the board.
-
- May 5 2023
Frontier launches fac broker with ‘big Australia focus’
The wholesale broker will focus on finding capacity for hard-to-place risks such as crypto, cannabis, cyber and tech PI.
-
- May 4 2023
Asia commercial pricing moderates in Q1 2023: Marsh
Rates rose 1% in the region, while global commercial insurance prices increased 4% in Q1 2023, according to the broker's pricing report.
-
- May 4 2023
India, Singapore lead Asia early-stage insurtech funding in Q1: Gallagher Re
India stood third globally in value terms with US$39m in investments, Singapore saw deals worth US$13.2m.
-
- May 4 2023
Berkley promotes Esther Kwok to Greater China commercial lines head
Hong Kong-based Kwok will lead both financial and casualty lines in her new role.
-
- May 3 2023
Peak Re COR at 101.4% as it reports first-ever net loss
The Hong Kong-based reinsurer's GWP grew 7% to US$2.3bn in FY 2022, but it posted a net loss of US$81m.
-
- May 3 2023
Sri Lanka Insurance to hive off general insurance arm as it readies for sale: report
The state-owned insurer's portfolio includes more than one million general and life policyholders each, with a combined GWP of US$131m.
-
- May 3 2023
HDFC Ergo GI elevates Anuj Tyagi to joint managing director
A 14-year veteran with HDFC Ergo, Tyagi was most recently deputy MD.
-
- May 3 2023
Exclusive: McLarens expands in Malaysia with two more branches amid hiring spree
The loss adjuster has opened offices in Johor and Penang and has recruited several senior adjusters.
-
- May 3 2023
Zurich promotes Alexandra Wrobel to head of cyber for commercial insurance Asia
Wrobel was most recently the head of casualty, commercial insurance Hong Kong.
-
- May 2 2023
West P&I appoints Tony Paulson as Asia head
Paulson will continue his current role as the club’s corporate director alongside his new position.
-
- May 2 2023
Berkley bolsters Korean desk with senior marine underwriter from UIB
Hans Hwang joins the team as marine underwriting manager in Singapore.
-
- May 2 2023
Pressure mounts on Japan to provide long-term solution for marine risks
While the dispensation for insuring imports from Russia's Sakhalin project remains in place, the future remains uncertain.
-
- May 1 2023
16 Hong Kong insurers launch GBA cross-border motor cover
Vehicles from the SAR travelling to Guangdong via the Hong Kong-Zhuhai-Macau Bridge are eligible from July 1 to buy unilateral recognition policy.
-
- May 1 2023
Shinkong Insurance could sustain stable COR, positive underwriting results: AM Best
The insurer has been rated “a” (excellent) for its very strong balance sheet, adequate operating performance, neutral business profile and appropriate enterprise risk management.
-
- April 28 2023
Zhongyuan sees stable business ahead, cat cover low: AM Best
AM Best has affirmed the insurer a rating of B++ (good) with a stable outlook, but says it requires more cat reinsurance.
-
- April 28 2023
Hinduja Group offers to inject US$43m into India’s Reliance General Insurance
The offer is part of the group's takeover bid for troubled financial services group Reliance Capital, which owns 100% of the general insurer.
-
- April 28 2023
Mitsui Sumitomo facing lunar loss after ispace mission failure
The Japanese carrier provided the world’s first 'lunar insurance' cover for the risks arising from the mission.
-
- April 27 2023
Licence of Sri Lanka’s Co-operative Insurance suspended, Fitch downgrades again
The downgrade to BB from BBB comes after a governance breach saw all new business stopped until May 2.
