Country: Asia Page 14 / 418
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- May 6 2025
Olivia Clark jets into Singapore as Everest’s senior APAC aviation underwriter
Clark relocates from London, having previously worked at Chubb and Nexus Group.
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- May 6 2025
South Korea allocates record US$1.38bn for unprecedented Yeongnam forest fires
Total damage has been estimated at KRW1.818 trillion (US$1.32 billion), marking the most severe forest fire incident since records began.
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- May 6 2025
Munich Re Specialty steps up diversification in Asia with cyber, specie build out
While select diversification continues, nat cats and cyber remain key emerging risks for clients in the region, Asia head Hui Yun Boo tells IAN.
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- May 5 2025
Product recall specialist BluNiche to enter China with new capacity
The London MGA, backed by Chaucer capacity, has secured an increase in its underwriting capacity for 2025.
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- May 5 2025
Chubb promotes Titus Samuel to head of power and construction for Asia
Singapore-based Samuel, who has been the head of power generation and utilities since 2017, adds a focus on the construction sector.
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- May 5 2025
Is the tide finally turning for (re)insurers in China as aviation, rail ambitions grow?
Encouraging moves by domestic manufacturers offer promising opportunities as the fall out from Donald Trump’s trade war continues.
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- May 4 2025
MSIG Asia expands digital, corporate capabilities with 3 leadership appointments
Adrian Hill has been appointed chief digital and consumer officer, Enny Halim as chief corporate officer and Pearline Soh as head of digital marketing.
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- May 2 2025
HSBC gets greenlight to establish captive insurer in Hong Kong
Wayfoong (Asia) Limited, which has received authorisation from the Insurance Authority, is the first captive carrier established by a multinational enterprise based in the city.
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- May 2 2025
Munich Re appoints Surendra Singupalli as India head of property treaty underwriting
Singupalli was most recently head of property treaty underwriting for Southeast Asia at the reinsurer's Singapore office.
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- May 2 2025
‘Good opportunities’ for commercial underwriters as Japan’s space ambition soars to new heights
Honda’s renewable energy tie-up with Japan's national air and space agency could present enticing opportunities for the niche space insurance market, according to observers.
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- April 30 2025
Peak Re expects stronger year ahead despite dip in profits, revenues in FY24
Reinsurer reported a 6.7% drop in net profits at US$187m in FY24, driven by operating losses from its associate firms and a hike in income tax expenses.
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- April 30 2025
Peak Re’s US$50m cat bond bring ‘fresh capacity’, covers peak Asia scenarios
Hong Kong reinsurer's new ILS offering supports its ability to grow into its key markets of Japan, China and India.
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- April 30 2025
Howden confirms Mandira Gupta as MD and M&A head
Gupta, who joins from rival Marsh, will lead the broker's private equity and transactional risk insurance solutions as first reported by IAN.
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- April 30 2025
Exclusive: BMS to shut down South Korea, Japan offices
Market sources tell IAN that most of the staff working in both offices of the M&A specialist broker will be let go.
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- April 30 2025
Peak Re closes US$50m multi-peril cat bond securing Japan, China, India protection
The bond is the second insurance-linked security offering by the Hong Kong reinsurer.
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- April 29 2025
China United Property Insurance to maintain stable underwriting margin: Fitch Ratings
Global ratings agency affirms insurer financial strength rating of BBB+ with a stable outlook.
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- April 29 2025
India’s Bajaj Group seeks regulator’s nod to acquire Allianz SE’s 26% JV stake: report
Allianz SE agreed to sell its stake in its non-life and life insurance joint ventures for EUR2.6 billion (US$2.8 billion) in March.
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- April 28 2025
Price Forbes takes WTW veteran Kenichiro Miki as Japan head
Miki had established and led the Japan Global Practice Group (JGPG) for WTW Asia Pacific.
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- April 28 2025
Hanwha General Insurance to acquire 98.3% of Carrot Insurance: report
The deal will secure the general insurer management rights to the struggling digital insurance startup.
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- April 28 2025
Japan’s insurers settled US$2bn nat cat claims in FY24: GIAJ
Noto Peninsula earthquake was the largest event in terms of claims for the fiscal year that ended March 31, 2025, according to the General Insurance Association of Japan (GIAJ).
