Country: Asia Page 156 / 412
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- July 12 2022
Indonesia’s Sinar Mas outlook ‘favourable’ despite 102% COR: Fitch
The firm's COR deteriorated last year compared with 2020.
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- July 12 2022
APAC free trade pact could boost premiums by US$29bn
With 16 countries involved, RCEP will increase demand across lines including marine, trade credit and engineering.
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- July 11 2022
Gallagher eyes North Asia expansion
The broking giant has set-up a new office in Hong Kong led by Irene Chiu and has ambitious plans.
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- July 11 2022
MS Amlin Lloyd’s syndicate has ‘stable’ outlook after return to profit: AM Best
Asia Pacific chief executive Will Ho has said the firm "is committed to expanding in the region".
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- July 8 2022
Starr promotes Jon Tam to Hong Kong head of financial lines
Tam joined the global insurance group in the SAR in 2018.
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- July 8 2022
Miller acquires Japanese marine broker Lead Insurance Services
Lead specialises in hull, war risks and protection & indemnity.
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- July 7 2022
Claims specialist Patsy Wong joins Peak Re from AGCS
Wong started at the reinsurer this month and is based in Hong Kong.
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- July 7 2022
Hanwha General’s underwriting measures improve performance: AM Best
Negative impact of its start-up subsidiary Carrot is also expected to decrease.
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- July 6 2022
Rare Earth’s Martin Ham takes on UK, Europe role
Ham has relocated from Hong Kong and was most recently the broker's binder and facilities director.
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- July 6 2022
Asia trade credit hardening triggered by insolvency risk
Rising interest rates and reduction of Covid support heighten threat, but market players confident on growth.
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- July 6 2022
Korea’s P&C players benefit from improved underwriting: Fitch
Profitability increased sharply in 2021.
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- July 5 2022
China explores parametric expansion after costly floods
Henan is the latest province to trial the cat innovation after payment was triggered in Guangdong last month.
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- July 5 2022
Peak Re’s net profit decreases 16% to US$73.2m as claims rise
Net incurred claims climbed to just over US$1.3bn.
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- July 4 2022
Aon promotes Shepherdson and hires from BMS for APAC energy push
Melissa Shepherdson's energy and mining role expands as Richard Nunny returns to lead renewable energy.
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- July 4 2022
Axa XL appoints APAC, Europe international financial lines CUO
Anna Dores will be responsible for PI, management liability and financial institutions.
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- July 4 2022
Korean wind projects worth US$264m GWP to insurers
Construction of 6GW of offshore wind presents risk challenges, but also an opportunity.
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- July 4 2022
Nat Re’s CEO ‘optimistic’ on outlook
Allan R. Santos has pointed to a recovering economy.
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- July 1 2022
Philippine Crop Insurance placed under close regulatory supervision
PCIC was found to be “very exposed to catastrophe losses which are not reinsured.”
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- July 1 2022
China’s Henan province launches pilot cat scheme
Local government wants to boost protection in six cities after dramatic floods last year.
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- June 30 2022
Tobias Frenz becomes Munich Re’s Singapore CEO as James Park departs
In addition Surbhi Goel has been given a wider P&C remit at the reinsurer.
