Country: Asia Page 26 / 408
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- December 4 2024
Despite challenges, Asia Pacific non-life insurers to benefit from rate hikes, costs control: Fitch
The rating agency has assigned a neutral outlook for the Asia Pacific insurance sector.
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- December 4 2024
Ketan Mehta joins Gallagher India as chief compliance officer
Mumbai-based Mehta has over 17 years of experience in risk management and compliance, specialising in FCPA, fraud investigations, business process reviews and regulatory compliance.
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- December 4 2024
India’s plan to relax FDI cap sparks mixed reactions
While some praise the potential for growth, others express doubts about the bill’s passage and its impact on local carriers.
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- December 3 2024
Harry Vallance joins Aon Singapore cedent fac team as associate director
Vallance will relocate from London, where he was senior broker with specialist insurance broking firm Amwins Global Risks.
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- December 3 2024
Asia Pacific fastest growing market for cyber insurance: S&P Global
APAC 2019-2023 GWP growth was at 68% for the primary market and 69% for reinsurance compared with 38% and 56% globally, respectively.
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- December 3 2024
Philippines’ KRM Reinsurance Brokers announces new CEO and leadership team
The broker has appointed Isagani Acosta, Jr, as president and CEO, Jared Uichico as CCO and Hanneli Oasan as CFO.
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- December 3 2024
Exclusive: Charlotte Lau leaves Sedgwick following Asia CEO switch
Last Friday, the loss adjuster announced that Stephen Kerr will take over the role of Asia CEO from Veronica Grigg.
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- December 2 2024
LK Re chosen as Lloyd’s broker after three years in Singapore
This will allow the reinsurance broker to participate directly in the Lloyd's market and take advantage of the marketplace's licences in more than 200 countries.
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- December 2 2024
Yagi third costliest typhoon in Asia with US$1bn insured loss: Munich Re
Early estimates of the overall losses from the typhoon season are thought to be around US$22bn, with insured losses of US$2bn, the reinsurer said.
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- December 2 2024
Edme Insurance Brokers promotes Saurav Guha Maulik to director, private equity and M&A services
Maulik was most recently director and business lead for private equity, M&A and structured credit lines with the broker.
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- December 2 2024
KRM Reinsurance Brokers elevates Leonard Carreon as assistant vice president
Manila-based Carreon has been with the broker since October 2019, most recently serving in the role of senior manager.
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- December 2 2024
Thomas Miller expands energy MGA Navata to Singapore
The new operation will be led by senior underwriter Mark Nunn and focus on a diverse range of renewable energy, power, upstream oil and gas and offshore marine hull and equipment risks across the Asia Pacific region.
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- December 2 2024
Tokio Marine puts Korean reinsurance business in run-off as part of strategic shift
Despite this retreat, the company says it remains focused on pursuing bolt-on acquisitions that align with its overseas growth goals.
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- December 2 2024
Exclusive: Axis Capital’s Georgina Furness-Smith joins TMK Singapore as cyber underwriter
Furness-Smith, who relocates from London for her new role, was most recently senior underwriter at Axis Capital.
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- December 2 2024
Circles expands Asia operations and claims team with Zurich hire
Julie Quach joins the specialty MGA as regional head of operations and claims in Hong Kong and will oversee all operational aspects in the region, excluding underwriting.
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- November 29 2024
UK P&I Club promotes Richard Offord to Singapore branch chief executive
Offord will replace Yiah Soon Ng, who will retire after leading the Singapore office for more than 27 years.
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- November 29 2024
Sedgwick’s Stephen Kerr to take over from Veronica Grigg as Asia CEO
Singapore-based Kerr was Asia chief operating officer for the loss adjuster.
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- November 28 2024
Aon expands Asia natural resources team with BHP hire
In his new role, Gareth Ho will service the broker's existing energy and mining clients and support growth in the region.
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- November 28 2024
Taiwan’s CTBC Insurance to improve financials driven by personal lines, investment performance: AM Best
AM Best has assigned an insurer rating of B++ (good) with a stable outlook for the company.
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- November 28 2024
Malaysian Re’s focus on volatility of non-voluntary cession, overseas businesses key to underwriting performance stability: Fitch
The rating agency affirmed Malaysian Re’s insurer financial strength rating at 'A' (strong) with a stable outlook, reflecting its 'moderate' company profile and 'very strong' capitalisation.
