Country: Asia Page 27 / 49
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- August 31 2022
Beazley rolls out product recall offering in Asia
The business line will be led by Jae Pak, who has relocated to Singapore from the carrier's US office.
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- August 30 2022
Market face-off over risk pricing in Asia
Reinsurers blame ambitious broker expansion for driving down prices.
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- August 29 2022
APAC reinsurers may see rate hikes for 2023 renewals: AM Best
Regional carriers posted annual average net premium growth of 8.7% between 2017 and 2021.
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- August 29 2022
Asian fine art insurance market shakes off pandemic blues
As insurers grow their teams in the region, the shift to online auctions has created new kinds of risks.
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- August 24 2022
ILS offering sizes shrink as funding dwindles
Rising interest rates, stronger dollar cast down the Asian cat bond market.
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- August 23 2022
Could QE rollback herald a capacity crunch in Asia?
As capital exits the region, insurers need to consider their risk profile with specialty a potential diversification strategy.
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- August 22 2022
‘We don’t eat more than we can stomach’: Peak Re’s Franz Josef Hahn
The reinsurer is retaining reserves into this year and has ‘solid retrocession protection’ to tide over rising nat cat losses.
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- August 19 2022
ADB signs US$1bn capacity deal with Tokio Marine, Chubb, Liberty, Allianz and Axa XL
The three-year agreement transfers credit risk from the bank's portfolio to the insurers’ balance sheets.
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- August 18 2022
Underwriting returns elude APAC reinsurers
Average combined ratios have remained above 100% for the last four years, says AM Best.
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- August 17 2022
Beazley bullish on Asia specialty lines
APAC head Lucien Mounier says the (re)insurer is targeting growth in life sciences, product recall, M&A, financial lines and cyber.
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- August 16 2022
RMS lands former Aon Inpoint Asia head as regional managing director
Andrew Hare will lead the combined RMS and Moody’s Analytics insurance vertical.
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- August 16 2022
Companies scramble for talent as market rebounds
Asia growth plans on hold as roles in financial lines, energy and construction hard to fill.
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- August 12 2022
P&C boosts Zurich’s H1 APAC profits
Regional COR improved to 91% as firm benefited from travel rebound with profits climbing 30%.
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- August 11 2022
QBE COR climbs to 94.1% as H1 profits slump 66%
US$840m in investment losses due to wider credit spreads and market volatility.
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- August 9 2022
Underwriters remain selective over APAC renewables
Despite a rapidly growing opportunity in the region, capturing profit can be tough.
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- August 8 2022
Argenta ceases writing business on Singapore platform
The Australian operations at the Lloyd's firm will be unaffected by the decision.
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- August 5 2022
Chubb bullish on Asia prospects after US$5.75bn M&A deal completes
CEO Evan Greenberg eyes cross-selling opportunities as Asia becomes a US$7.5bn region after Cigna deal.
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- August 4 2022
Hannover Re taps Swiss Re’s Sharon Ooi to boost Asia P&C expansion
CEO Jean-Jacques Henchoz says Asia Pacific is "evolving into the world’s largest insurance market."
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- August 4 2022
Aon appoints Asia director of cyber solutions in Hong Kong
Sabba Manyara was most recently at rival WTW, also in the Special Administrative Region.
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- August 4 2022
Asia helps ‘big three’ global brokers show Q2 resilience
Aon, Marsh and WTW defy weakening economic outlook and invest for regional growth.