Country: Asia Page 143 / 408
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- September 22 2022
Tokio Marine’s Kosuke Hashimoto starts new IUMI vice president role
TM&NF's marine underwriting manager joins new IUMI president Frédéric Denèfle, Garex managing director, on the committee.
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- September 22 2022
Berkley names Aaron Yip as Singapore CEO
Yip will report to Asia chief executive Shasi Nair and will continue in his role as chief underwriting officer for Asia.
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- September 22 2022
Analytics: Asia marine premium growth offset by higher claims
Vessel activity returns to pre-Covid levels, rates flatten and inflation pushes up cost of repairs.
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- September 21 2022
Zenobia Huang to steer WTW Taiwan marine team
Taipei-based Huang has been at the broker since 2015 specialising in hull, P&I and other liability lines.
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- September 21 2022
Chubb in advanced talks for Hang Seng bancassurance deal: report
The Hong Kong bank is seeking a new partner after its 10-year exclusive deal with QBE expired earlier this year.
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- September 21 2022
South and South-East Asian reinsurers face inflation, poor returns double whammy: AM Best
Pricing increases may not be sufficient for carriers to increase technical profitability despite a five-percentage-point COR improvement since 2019.
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- September 21 2022
Asia may ‘finally pull its weight’ on terrorism cover
The market is on the cusp of change with rates set to harden as global firms pay more attention to the risk.
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- September 20 2022
Generali China Insurance elevates Yan Jiu as chairman
The former vice-president and member of CPC committee for Bank of Kunlun will work with the property insurer's general manager Yuan Yinghui.
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- September 20 2022
Aon goes in-house for APAC cyber head and bolsters M&A team
Adam Peckman takes on cyber role covering five territories, while Adrian Chai becomes director, transaction solutions, Asia.
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- September 20 2022
RVS Monte Carlo: Five key APAC take-aways from the Rendez-Vous
Climate change, macro risks and hardening markets dominate discussions at the biggest reinsurer meet-up.
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- September 19 2022
Strong Taiwan earthquake triggers widespread infrastructure damage
Buildings, railway lines and bridges have all been impacted in the epicentre, Taitung county.
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- September 19 2022
‘Violent’ Typhoon Nanmadol causes havoc across Japan
The third-strongest typhoon to make landfall since records began is moving northeast raising flood warning in Tokyo.
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- September 19 2022
Korean Re’s H1 profits tumble 44% on overseas underwriting slide
The combined ratio for international business climbed to 107.4% from 96.3% in H1 2021, while overall GWP grew 10%.
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- September 19 2022
Asian ILS market to thrive as investors seek diversification
Multiple deals in the pipeline with Singapore and Hong Kong continuing policy support for alternative markets.
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- September 19 2022
Chenwei Li to head Peak Re’s structured solutions
He will also co-head the life and health business and report to chief executive Franz Josef Hahn.
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- September 19 2022
Prudent reinsurance, low costs anchor Cosco captive’s performance
AM Best affirmed financial strength rating of A for the Chinese shipping company subsidiary.
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- September 19 2022
Sompo Japan’s 5-year average COR at a ‘strong’ 96.3%: AM Best
The rating agency has affirmed the financial strength rating of A+ (superior) to the company and its subsidiaries.
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- September 19 2022
New India Assurance’s underwriting constrained by market challenges, pandemic
Affirming its B++ rating, the agency noted elevated concerns overpricing discipline and risk management given the Indian insurer's level of ongoing underwriting losses.
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- September 16 2022
RVS Monte Carlo: Indian stand-alone cyber on a growth spurt, says Guy Carpenter’s Cordonnier
Data protection legislation really driving growth around Asia for more comprehensive cover.
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- September 16 2022
Why Fosun’s divestment plan may exclude Peak Re
Non-core divestitures are unlikely to change the controlling interest of core insurance units like the Hong Kong reinsurer and Fosun Insurance Portugal.
