Country: Asia Page 24 / 432
-
- June 5 2025
Resolution Life closes US$1bn Hong Kong block reinsurance deal
The first deal for the reinsurer in Hong Kong covers an in-force portfolio of participating whole life and annuity policies.
-
- June 5 2025
QBE appoints Sebastian Tjornelund as interim head of marine for Asia
Tjornelund succeeds Rama Chandran, who is leaving to head specialty MGA Rokstone's new office in Singapore.
-
- June 5 2025
US port fees present ‘significant challenges’, says Skuld, as owners, charterers eye calm waters
China service fees are generating confusion in the maritime industry, particularly regarding the definition of vessel operators and the responsibilities of various parties involved in charter agreements, according to the P&I club.
-
- June 5 2025
Specialty MGA Rokstone drops anchor in Singapore with QBE’s Rama Chandran at helm
Backed by a multi-year, US$25m Lloyd’s capacity, the London-based (re)insurer's Asian business is expected to underwrite all marine classes.
-
- June 4 2025
Bolttech closes US$147m series C fundraise from Sumitomo, Iberis Capital
Japanese trading house also enters JV with the insurtech to deliver embedded insurance programmes.
-
- June 4 2025
South Korean non-life insurers face capital pressure as liabilities rise: AM Best
Long-term insurance premium growth may face headwinds from macroeconomic uncertainties, while intensified competition could undermine sustainable growth as the market becomes saturated.
-
- June 3 2025
India’s non-life premiums could rise to US$38bn in FY26: ICRA
Report also notes private insurers could expand market share to 70% by FY27, up from 68% in FY25.
-
- June 3 2025
India’s 3 state-owned insurers need close to US$2bn to remain solvent: ICRA
Combined solvency ratios remained weak at negative 0.85 times as of December, compared to the regulatory minimum of 1.50.
-
- June 3 2025
Howden Specialty adds Marsh’s HuiLeng Tan to APAC power, renewables team
She had spent the last 10 and a half years with Marsh.
-
- June 3 2025
How easy is it for mid-sized operators to find a seat at APAC’s broking top table?
Outfits in Asia are convinced that growth is possible outside of the corporate broking behemoths, but 'it takes a hell of a lot of patience'.
-
- June 2 2025
Lockton taps Aon’s Darryl Lee as head of professional, executive risk
Singapore-based Lee previously worked at Aon for almost eight years, most recently as associate director for financial services and professions group/sales and marketing.
-
- June 2 2025
Grab ‘in early stages’ of entering Singapore’s motor insurance market: report
GrabInsure has been hiring staff in recent months, having obtained a general insurance licence from the Monetary Authority of Singapore in December.
-
- June 2 2025
Bolttech Insurance Hong Kong ratings affirmed despite fluctuating financial performance: Fitch
The general insurer's net income declined to US$255,000 in 2024 from about US$4m million a year earlier.
-
- May 30 2025
Howden bolsters Asia marine practice with Markel hire
Zita Fok joins the broker in Hong Kong as divisional director for marine, cargo and logistics.
-
- May 29 2025
Exclusive: Swiss Re CorSo reshuffles APAC leadership as China CEO, Southeast Asia head depart
China CEO Jeffrey Pan will depart by the end of the year, while Singapore-based Didier Bélot will leave the company by the end of August.
-
- May 29 2025
Berkley Insurance Asia hires AIG’s Vivian Chow as commercial PI lead
Chow will join the specialty (re)insurer in Hong Kong, as first reported by IAN, and will manage a newly established commercial professional liability practice.
-
- May 29 2025
Asian Re to sustain sound underwriting profitability, rating upgraded: AM Best
AM Best upgrades the reinsurer's insurer rating to B++ (good) from B+ (good), while also revises its outlook to stable from positive.
-
- May 28 2025
Tokio Marine sets up green unit amid push for decarbonised society
Tokio Marine GX will build on the existing work of GCube, Tokio Marine's renewable energy-focused MGA.
-
- May 28 2025
Peak Re expands to North America with Bermuda subsidiary led by Gene Zhang
With a focus on underwriting casualty reinsurance, Peak Re North America 'is a significant step in our group’s global growth strategy', group CEO Franz-Josef Hahn says.
-
- May 28 2025
Gallagher Re taps Aon Re’s Chulmin Jang as Korea CEO
Jang succeeds Phil Won Jeong, who will become chairman of Gallagher Korea.
