Country: Asia Page 21 / 408
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- January 13 2025
Gany Subramaniam returns to AIG as APAC head of agency, partnership distribution
Kuala Lumpur-based Subramaniam previously spent 16 years with AIG until March 2019.
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- January 13 2025
WTW expands APAC cyber coverage with facility in Hong Kong, Singapore
Underwritten by QBE and Axa XL, solution will have a primary insurance capacity of up to US$15m.
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- January 13 2025
Marsh’s Jack Reuter Town joins WTW Asia large accounts practice
He joins team in Singapore as a strategic client leader, having spent the last five years with Marsh in Sydney.
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- January 13 2025
Aon strengthens Asia natural resources team with senior hire
Josh Hardwick has relocated from Melbourne to Singapore to join the broker as regional director for its natural resources team.
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- January 13 2025
Property and motor to drive growth for Thai Re in 2025: Fitch
Fitch Ratings affirms the reinsurer's rating at 'A-' (strong) with a stable outlook primarily driven by its strong capitalisation, favourable company profile and expectation of stable performance in 2025.
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- January 13 2025
Malaysia’s Etiqa to maintain strong performance through disciplined underwriting, pricing: AM Best
Rating agency affirms financial strength of 'a-' (excellent) and long-term issuer credit rating of 'a-' (excellent) for Malaysian carrier Etiqa General Insurance, with a stable outlook.
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- January 10 2025
Jeju Air, Azerbaijan Airlines crashes add early pressure on market: Gallagher Specialty
Losses alone are unlikely to prompt a market reaction, but will impact year-end underwriting results, broker says in a report.
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- January 10 2025
Zurich promotes APAC chief underwriting officer to global claims role
Singapore-based Debra Burford confirms to IAN she will relocate to Zurich at the start of the second quarter of the year.
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- January 9 2025
Coface continues APAC management rejig with 3 appointments
Chris Murphy becomes general manager of Hong Kong branch, with Ronald Chai succeeding him as regional head of mid-market, while Sarah Chu will assume the role of Taiwan general manager.
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- January 9 2025
Munich Re Specialty Asia strengthens team with 2 senior hires
Appoints Hong Kong-based Bernadette Hung as fine arts and specie underwriter and Singapore-based Bee Tin Goh as cargo underwriter.
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- January 9 2025
Tibet earthquake payments top US$60,000 from Chinese insurers
- China
- China Continent P&C
- China Pacific Insurance P&C
- China Re
- China Taiping
- PICC Property and Casualty
- Ping An
- Sunshine Insurance
88 reports, with a total of 20 claims, have been made to insurers, including PICC, China Continent, China Taiping and Sunshine.
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- January 9 2025
Munich Re to hand Beijing branch reins to Adrian Goh, Steven Chang set to retire
Goh's appointment will be effective from April 1, with Chang to retire at the end of March.
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- January 9 2025
Coface names Karen Ong as head of commercial for Singapore
Ong has been at the trade credit insurer for over eight years, most recently as regional head of commercial operations.
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- January 9 2025
MSIG Singapore reshuffles pack, promotes new COO and CFO
Insurer names Sharon Teo as chief operating officer and Chock Ker Ching as chief financial officer.
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- January 8 2025
Sompo beefs up APAC ranks with new chief claims officer
Pablo Diago takes up the Singapore-based role just over a year after joining from Crawford.
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- January 8 2025
WTW appoints Marsh’s Ostwald Lam as associate director in Hong Kong
Lam, who has around 25 years of industry experience with expertise in claims, will focus on the broker's claims services.
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- January 8 2025
Sri Lankan insurers to improve underwriting profitability amid key shifts: Fitch
Insurers are looking to enhance practices and shift focus to more profitable non-motor segments, global rating agency says.
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- January 8 2025
US-based The Hartford launches on Lloyd’s Singapore platform
Service company, to be led by Zhenghong Pan, will initially write financial lines and credit and political risks coverage through its Syndicate 1221.
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- January 8 2025
Renewable energy transition strategic focus in Asia, Charles Taylor says
Nearly US$100trn of infrastructure needs to be built worldwide over the next 25 years, including in Japan, Taiwan, China and Vietnam, says Stephen Thorpe, managing director for Asia at the global loss adjuster.
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- January 7 2025
China’s big 3 motor insurers poised for further growth as NEVs pick up pace: AM Best
People’s Insurance Company of China (PICC), China Pacific Property Insurance and Ping An Insurance command over 70% of the motor premium share in China.
