Country: Asia Page 18 / 49
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- April 26 2023
Chubb’s P&C book sees 18.6% APAC Q1 growth
The insurer's global first-quarter operating profit grew 12% to a record US$1.84bn.
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- April 26 2023
Gallagher targets South Korea and Taiwan after Japan foray
Following the announcement of a corporate broking and fac operation with 15 people in Tokyo and senior regional hires, IAN understands the broker is close to launching in Korea.
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- April 25 2023
Catherine Wong joins Starr as CUO, APAC casualty
Wong left her role as AIG's head of casualty for Hong Kong and Macau in November 2022 after serving the company for 20 years.
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- April 25 2023
Net-zero alliance’s existential dilemma
As Munich Re, Zurich and Hannover Re leave the NZIA, in part due to US antitrust concerns, Asian carriers have more flexibility with a lack of opposition to ESG investments in the region.
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- April 24 2023
New Asia player Deutsche Rück eyes expansion after beating 2023 target
Digitalisation, new and emerging risks, regulatory changes and infrastructure development will be regional growth drivers, says Asia managing director Tarik Aouad.
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- April 21 2023
Marsh McLennan targets US$300m savings by 2024, Marsh sees 11% APAC Q1 growth
The global broker has been changing its senior management structure by appointing regional and country leaders to oversee its four units Marsh, Mercer, Oliver Wyman and Guy Carpenter.
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- April 19 2023
NorthStandard opens Asia headquarters in Singapore after merger
The new consolidated office will be led by David Roberts, now head of Asia Pacific, and James Moran, chief operating officer and head of P&I claims for the region.
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- April 18 2023
Fusion backer receives investment from Direct Capital
Pop Holdings will use the investment to expand its international footprint, attract talent, and introduce products througn M&A.
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- April 18 2023
Allianz Trade expands Asia excess of loss business
The global trade credit insurer will add new headcount in Singapore, Hong Kong, Australia, Japan and Malaysia.
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- April 18 2023
RMS Moody’s appoints client director in Singapore
Corene Lim, who joins the modeller in Singapore, was earlier a market development analyst at AM Best.
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- April 17 2023
APAC aviation renewals on course for 50% hikes
Middle and higher XOL treaty layers see steep climbs while terms and conditions are under scrutiny, especially for war risks.
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- April 13 2023
AIG appoints Chris Colahan as APAC president
Colahan will join AIG from Berkshire Hathaway Specialty Insurance where he was president of UK & Europe.
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- April 12 2023
Asian SMEs warm up to cyber cover after digital boom
The changing economy is seeing more business being handled online meaning threats are growing, but risk data is still lacking.
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- April 11 2023
Gallagher appoints Ralph Sherbahn as Asia financial lines leader
Sherbahn, who joins from Zurich, is based in Hong Kong and reports to North Asia CEO Thomas Wang.
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- April 11 2023
Carriers eye terrorism and PV coverage as appetite grows and market hardens
Global (re)insurer Axis and Lloyd's player Mosaic Insurance are planning to expand cover in the under-served Asian market.
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- April 11 2023
Market dislocation unlikely to disrupt Asian carriers
Asian insurers are casting their investment nets wider with a growing impetus on the sophisticated aspects of ESG.
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- April 10 2023
Nexus completes majority buyout of Spectrum Risk
Spectrum's presence within the MENA and Asia Pacific market fits with Nexus Underwriting's wider portfolio.
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- April 7 2023
Happy Easter from InsuranceAsia News
InsuranceAsia News (IAN) wishes all our readers a happy and healthy holiday period.
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- April 6 2023
Chris Mackinnon takes on extra Lloyd’s regional responsibilities
The head of Lloyd’s Australia and New Zealand has also become Lloyd’s deputy regional director, Asia Pacific, Middle East & Africa.
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- April 6 2023
China reopening to boost Asia’s P&C markets
With inbound and outbound connectivity resumed, a spurt in tourism across the region offers hope for insurers.