Country: Asia Page 223 / 404
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- August 17 2020
Hong Kong confirms Clement Cheung as IA CEO for 3 more years
He will serve at least five years and has been a steady hand during a turbulent period.
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- August 17 2020
Marsh’s Australia CEO handed APAC risk role
Scott Leney has over 30 years of experience and takes on an expanded group role.
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- August 14 2020
South Korea’s P&C players hit by US$40m rain losses
The longest monsoon in the country since 2013 has flooded thousands of vehicles and homes.
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- August 13 2020
AIG, GIC Re on hook for Air India’s US$50m crash payout
The hull claim has been approved for the Boeing 737 that crashed last weekend at an Indian airport.
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- August 13 2020
Tesla registers Shanghai broker: report
The US electric vehicle specialist could use data capture to develop driver profiles.
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- August 13 2020
AIA Thailand launches asset management arm
Life giant to become the country's third-largest player with managed assets of US$27.2bn.
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- August 13 2020
Cover Genius selects ex-Manulife exec for SE Asia, India MD role
The insurtech sees the region as a "significant expansion opportunity".
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- August 12 2020
Hyperion targets APAC treaty growth
The broker's re arm, overseen by Stuart Beatty in the region, has recruited veteran Steve Warwick.
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- August 12 2020
Prudential Financial agrees Taiwan life sale
The move comes after the US player exited South Korea in April for US$1.9bn.
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- August 12 2020
Korean majors in property sell-off ahead of new regulations
Insurers are shoring up capital to prepare for K-ICS and economic uncertainties from the pandemic.
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- August 12 2020
Japan P&I “investigating” Mauritius oil spill: report
There has been damage to the ship and environmental contamination.
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- August 11 2020
Axa considering Singapore sale: report
The French giant is understood to be looking to raise funds.
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- August 11 2020
SE Asia to confront increase in wildfires
A report from data analytics firm Twenty Four Seven examines the decade 2030 to 2040.
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- August 10 2020
Sirius to combine with Third Point Re
The two firms will change name to SiriusPoint and control US$2.5bn of GWP, including in Asia.
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- August 10 2020
RKH Reinsurance Brokers hires Warwick for APAC expansion
The Hyperion-owned broker is looking to establish a treaty book in Asia.
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- August 10 2020
HK Insurance Authority “closely monitoring” US sanctions
The regulator urges market players to assess legal, business and commercial risks.
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- August 10 2020
Market to benefit from ‘Digital Silk Road’ investment
(Re)insurers to protect growing risks such as cyber, data and IP as China's digital push gathers pace.
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- August 8 2020
Sun Life opens in Singapore with Belinda Au as CEO
The move takes the life player's number of markets in Asia to eight.
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- August 7 2020
Asia monsoon season leads to US$20bn economic losses: Aon
There have been over US$750m of insured losses in China alone.
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- August 7 2020
Aviva signals Asia exit (again)
China and Singapore units should attract bids as new CEO Amanda Blanc looks to refocus.
