Country: Asia Page 2 / 409
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- May 22 2025
Lloyd’s elevates Janus Cheung to head of market development for Asia
Singapore-based Cheung has been with Lloyd's for almsot two and a half years.
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- May 22 2025
Philippines’ insurance penetration grows to 1.89% in Q1 2025: IC
The Insurance Commission attributed the improvement to the faster premium growth, with the non-life NWP rising 19.3% to US$365m, mostly supported by the motor and fire lines.
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- May 22 2025
Axa XL gives Jamie Chambers expanded role as greater China CEO
Chambers will continue to lead Hong Kong business while also taking on broader leadership responsibilities across China, Macau, and Taiwan.
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- May 21 2025
India’s competition regulator approves Bajaj’s acquisition of Allianz JV stakes
Allianz CFO Claire-Marie Coste-Lepoutre affirmed that the insurer is considering deploying a portion of the proceeds into the Indian market over time.
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- May 21 2025
MSIG Singapore names Jerry Pai as senior vice president, head of corporate distribution
Pai, who has over 20 years of senior leadership experience in financial services, joins from St. James' Place.
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- May 21 2025
Japanese insurance groups lean on overseas arms to post record results
The country's big three insurers reported a mixed bag of domestic results, but international businesses posted strong growth.
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- May 20 2025
AIG takes Chubb’s Thanathon Kiratipasuk as Thailand GM, CEO
Bangkok-based Kiratipasuk spent the last 13 years at Chubb, most recently as chief of consumer lines
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- May 20 2025
FWD Group’s Hong Kong IPO would be ‘credit positive’: Moody’s Ratings
Hong Kong-based insurer said on Monday that it had refiled its application, in what is a third attempt to list in the city.
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- May 20 2025
Tokio Marine Group’s FY24 NWP up 10% to US$36.7bn
Top-line results in line with the projections and strong due to rate increases domestically and internationally, product revisions for fire and motor and expanded specialty lines sales.
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- May 20 2025
MS&AD nearly doubles group profits to US$5bn, driven by record domestic results
Overseas subsidiaries achieved 35% profit growth despite a decline in profits for Lloyd's and reinsurance.
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- May 20 2025
Gallagher India appoints Venu Matoory as oil, gas and petrochemical risk specialist
Mumbai-based Matoory will be driving growth in the specialised segment of crude, chemical, and gas tankers, using his on-ground experience as an ex-mariner.
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- May 20 2025
Opinion: Without a captain of the ship, are India’s insurance reforms in danger of being blown off course?
As the sector enters a 'seminal period of transformation', the Insurance Regulatory and Development Authority (IRDAI) has been without a chairman for over two months after Debasish Panda completed his three-year term in March.
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- May 19 2025
FWD Group revives Hong Kong IPO, files listing application
Hong Kong insurer could seek several hundred million dollars from the IPO this year, according to a media report.
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- May 19 2025
Ping An P&C’s underwriting profitability better than domestic peer average: AM Best
AM Best affirms an insurer rating of A (excellent) with a stable outlook.
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- May 19 2025
Apollo-backed Athene Japan hires Munich Re’s Hugo Choi to lead corporate development
Choi will relocate to Tokyo from Hong Kong, and be responsible for growing the reinsurer's flow and block reinsurance businesses across Asia Pacific.
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- May 19 2025
Howden India continues M&A insurance team expansion with Marsh hire
Shreya Iyer joins the broker in Mumbai as co-head of transactional risk.
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- May 19 2025
Crypto specialist MGA Qubit formally launches in Australia
Underwriter will offer Lloyd's capacity to the digital asset space, according to CEO Helen Ye.
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- May 19 2025
Canopius expands APAC leadership with double appointment
Singapore-based Chen Zhang and Channing Chiu will report to APAC and MENA CEO Soon Keen Lee.
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- May 18 2025
Southeast Asia, Australia in Allianz’s M&A plans, CFO says
Claire-Marie Coste-Lepoutre was speaking during a Q1 earnings call.
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- May 16 2025
Beijing hail leads to US$44m insured loss from widespread motor, property damage
Local insurers have received at least 45,600 claims, with the majority related to motor, as of May 14, according to the Beijing Financial Regulatory Bureau.