Country: Asia Page 18 / 415
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- March 20 2025
Steamship Mutual elevates Jamie Taylor as APAC managing director
Singapore-based Taylor, who was CEO of the Singapore branch prior to the move, spent over 17 years with the P&I Club.
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- March 20 2025
ZhongAn P&C’s underwriting profit drops 24.4% to US$137m in FY24, COR deteriorates to 96.9%
Chinese online insurer’s total GWP for FY24 was US$4.6bn, a 13.3% year-on-year increase.
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- March 20 2025
Lockton strengthens marine, energy team in Singapore with Howden hire
Cindy Khoo, who joins the broker as head of business development for marine and energy, will report to Asia head of marine Sung Wook Han.
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- March 20 2025
Regulators approve Samsung Fire & Marine’s transition to subsidiary of Samsung Life
Non-life carrier will maintain independent management and have a separate board of directors.
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- March 20 2025
Marsh names Brandon Lam as vice president for claims advocacy in Hong Kong
Prior to joining the broker, he worked at Zurich and QBE, holding several claims positions across different lines.
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- March 20 2025
Philippines 1.4 renewals ‘smooth and steady’, with XoL rates softening by 5-10%
Process more stable compared to last year, and as reinsurers have remained disciplined, negotiations are more predictable and capacity availability has improved, brokers say.
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- March 20 2025
Exclusive: Flora Fong to rejoin Marsh after short Howden stint
Hong Kong-based Fong had joined Howden last July having worked at Marsh for over 14 years.
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- March 19 2025
Ping An’s P&C FY24 net profit up 68% to US$2bn, COR improves to 98.1%
Chinese carrier’s insurance revenue rose by 4.7% year-on-year to US$45.4bn.
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- March 19 2025
Malaysia’s flood losses up 23.5% to US$207.5m in 2024: report
Losses, which equate to about 0.05% of the country’s nominal GDP, were mostly from home, while commercial losses were nearly flat year-on-year
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- March 19 2025
Allianz mulls alliance with India’s Jio after Bajaj sale: report
Formal announcement expected only after regulatory approvals, according to The Economic Times.
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- March 19 2025
‘Narrower, deeper’: US specialty insurer not resting on its laurels with energy, marine, specialty plans for Asia
The Hartford opened its third operation in Asia earlier this year, with Hartford Underwriting Agency CEO Carl Bach telling InsuranceAsia News that it also has one eye on adding cyber to its offering in the region.
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- March 18 2025
Bajaj Finserv to evaluate listing of insurance arms after Allianz exit: report
The financial services group is not looking for another partner to run the non-life and life businesses, and it will relieve Allianz from a non-compete clause, chairman Sanjiv Bajaj said.
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- March 18 2025
Howden Specialty continues APAC energy buildout with Sedgwick veteran hire
Singapore-based David Chin joins the broker as head of energy claims for its natural resources team.
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- March 18 2025
South Africa’s Sanlam upping stakes in Indian ventures a ‘moot point’ despite FDI change: reports
Financial services group is looking to revive its asset management business with Indian partner Shriram Group, while also venturing into wealth management.
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- March 18 2025
Howden Private Wealth bolsters APAC team with double leadership promotion
The high net-worth insurance broker has elevated Bryan Pee to Singapore and Malaysia CEO, while Shirley Sy has been named Hong Kong deputy CEO.
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- March 18 2025
Allianz ‘will explore new opportunities’ in India as it exits JVs with Bajaj for US$2.8bn
German insurer will sell its 26% stake in Indian non-life and life insurance JVs to Bajaj Group.
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- March 17 2025
QBE Asia strengthens Japan fac offering with Guy Carpenter veteran
Singapore-based Chie Yamamura will take over as the insurer's head of Japan desk effective from April 1.
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- March 17 2025
Korean regulator to promote parametrics, support carriers’ overseas expansion to tackle emerging risks
FSC announces 11 proposals to address five major challenges – climate, overseas expansion, technology, population, and debt management.
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- March 17 2025
Megan Shao named head of claims for Asia at Axa XL
Singapore-based Shao joins from Canopius.
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- March 17 2025
Japan veteran James Vickers to retire after 47-year career
Vickers, who spent nearly two decades in Japan, will step down from his role as chairman with Gallagher Re's international division on May 31, 2025.
