Country: Asia Page 160 / 415
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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.
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- June 30 2022
Asian firms register privacy breach as top cyber concern: Marsh
Data shows there is a lack of cybersecurity risk controls in place.
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- June 30 2022
Sanctions could shift more marine premiums to Asia
The ongoing Ukraine conflict could see more hull and cargo underwriting activity transferred to the region.
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- June 30 2022
Malaysia’s regulator approves Liberty’s purchase of AmGeneral
The P&C deal is set to be formally completed next month and signals IAG's exit from the country.
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- June 29 2022
Acrisure Re signs India fac partnership with Mahindra Insurance Brokers
The deal will help Acrisure expand in India and Mahindra to access global markets.
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- June 29 2022
China Taiping Insurance appoints Singapore CEO
Zhang Zhongyi replaces Yang Yamei who has been assigned a group position.
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- June 29 2022
Thailand’s new cannabis rules attract capacity
MGA Frontier sees D&O opportunity amid thousands of license applications to grow as a cash crop.
