Country: Asia Page 183 / 429
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- April 22 2022
Capacity squeeze in coal has pushed rates up by a third in Asia
Asian (re)insurers asked to fill the void as European and US ones move out.
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- April 21 2022
Sunshine Insurance submits HK IPO application
Last year Sunshine P&C saw GWP hit US$6.37bn.
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- April 21 2022
Capacity remains strong for Asia’s renewable energy boom
Major Singapore and Indonesia solar project signed as insurers tested by new technologies in hardening market.
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- April 21 2022
Digit Insurance appoints new CEO
Jasleen Kohli has been promoted from chief distribution officer.
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- April 21 2022
Tokio Marine launches US$42m venture capital fund
The investments aim at opportunities to partner strategically or become a customer.
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- April 20 2022
Adjuster Stelliant closes Hong Kong, Singapore offices
The French firm will continue to have a close working relationship with Crawford in the region.
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- April 20 2022
Asia hit with US$15bn nat cat losses in Q1: Aon
Economic losses were higher than in any other region during the first quarter.
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- April 19 2022
Sedgwick appoints Nigel Cook as head of major and complex loss in Asia
Cook's previous roles include positions at British Steel and the American Bureau of Shipping.
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- April 19 2022
Asian ILS off to a slow start in 2022
After a record 2021, issuance of insurance-linked securities totalled just US$262m in Q1.
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- April 19 2022
APAC broker M&A to stay on the boil
Xenia, WTW, AUB Group and Gallagher are just some of the firms looking to expand in the region.
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- April 15 2022
Fosun makes P&C insurer sale
The Chinese conglomerate bought the US firm for US$433m eight years ago.
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- April 15 2022
HKIA resumes full service as city ‘opens’ up
The 'fifth wave' of the virus appears under control with gyms, cinemas and theme parks set to open.
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- April 14 2022
Insurers face rising non-payment risk in China
Ukraine crisis, high commodity prices, rising interest rates and the latest surge in Covid-19 cases are all factors.
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- April 14 2022
Tropical Storm Megi causes property losses
The weather event has triggered extensive damage and left 80 dead in the Philippines.
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- April 13 2022
Xenia takes majority stake in HK’s Capstone Insurance Brokers
The deal for the financial lines and digital assets broker is the UK specialty broker's first overseas.
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- April 13 2022
Asia’s agri market sees parametric growth
The sector is faced with a significant protection gap that needs more innovative underwriting.
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- April 13 2022
KKR acquires 9.99% stake in India’s Shriram
The deal for the stake in the P&C player was worth around US$237m.
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- April 13 2022
Zurich’s Malaysia takaful arm promotes head of sales to CEO
Malaysia's takaful market has been growing at a breakneck speed over the past decade.
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- April 12 2022
Vivek Nath to lead WTW India as acquisition completes
The broker now directly employs over 4,000 people in the country.
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- April 12 2022
China: Lure of cross-border reinsurance grows on nat cat spike
Players - including Allianz Re, Swiss Re and Peak Re - set to benefit.
