Country: Asia Page 141 / 403
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- September 6 2022
Sri Lanka Insurance’s underwriting profits to suffer from inflation: Fitch
The P&C insurer has limited ability to reprice policies due to the economic crisis in the country.
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- September 5 2022
Canopius snaps up Zurich’s Megan Shao to head APAC claims
Shao is based in Singapore and joins following the specialty (re)insurer's strategic restructure.
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- September 5 2022
Macau Insurance’s top-line to be hit by slowdown and dim gaming prospects
The carrier's GWP was down 10% in 2021 but overall combined ratio remained at a healthy 89%.
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- September 5 2022
Chubb’s David Morrow relocates to New Zealand as head of P&C
The former head of Japan P&C is also responsible for financial lines in his new role.
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- September 5 2022
Toa Re’s NWP grew 5% on strong overseas business in 2021: AM Best
The Japanese reinsurer's underwriting was impacted by nat cat losses and 'extraordinary' incidents, but its financial rating remains 'excellent'.
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- September 5 2022
‘Singapore marine market will replace exiting Lloyd’s capacity’
Marine hull underwriters are stepping up offerings and announcing growth plans as pricing levels off, says Latitude’s Matt Cannock.
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- September 2 2022
Guy Carpenter signs up Les Loh for South-East Asia, Korea role
The former Axis Re Asia Pacific president will join the broker in October.
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- September 2 2022
China P&I exploring South-East Asia markets for diversification: AM Best
The rating agency has assigned the club a financial strength rating of A- (excellent).
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- September 2 2022
Analytics: Inflation and climate change ramp up pressure on APAC reinsurers
A confluence of issues is leading to higher nat cat claims and reserve deficiencies.
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- September 2 2022
William Pang takes reins at Asia Reinsurance Brokers
Richard Austen, who has been at the helm since 2000, takes up executive chairman role.
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- September 1 2022
Former China Life chairman Wang Bin found guilty of graft charges
Wang has been expelled from the party and public office and will face prosecution.
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- September 1 2022
Exclusive: AMTD Digital’s claims of Singapore insurer license bid unfounded
IAN understands that contrary to AMTD's US regulatory filing the Singapore regulator hasn't received any formal application from the proposed composite Applaud.
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- September 1 2022
Opinion: Lloyd’s Asia to keep growing despite leavers
Opportunity knocks for the remaining syndicates who have been offsetting the departing capacity.
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- September 1 2022
Hong Kong’s H1 GI underwriting profits rocket 134%
Reinsurance underwriting profit climbed from US$4.7m in H1 2021 to US$98.6m.
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- August 31 2022
Generali unveils Malaysia CEOs after JV deals complete
Fabrice Benard will head Axa Affin General Insurance while Rebecca Tan will lead the life JV.
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- August 31 2022
China Re’s Chaucer ‘actively’ explores non-Lloyd’s market as H1 GWP up 20%
Net profit at the group's P&C reinsurance business dived 56.1%.
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- August 31 2022
Everest Re recruits Chubb veteran to boost ‘critical’ APAC region
Kevin Bogardus, former president of Chubb Singapore, tasked with building client and broker relationships.
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- August 31 2022
Sompo International sells Endurance at Lloyd’s to RiverStone
The deal marks Sompo International's withdrawal from Lloyd's and consolidates its UK presence into a single platform.
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- August 31 2022
Insurers still see Hong Kong as China gateway
The city remains an attractive base for insurers from the mainland and those looking to access it.
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- August 31 2022
Beazley rolls out product recall offering in Asia
The business line will be led by Jae Pak, who has relocated to Singapore from the carrier's US office.
