Country: Asia Page 29 / 53
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- October 8 2022
Asian cedents urged to get in early, lock down capacity for 2023 renewals
Prices are hardening and capacity is likely to be more constrained going into the upcoming renewal season.
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- October 6 2022
Lloyd’s system reset affects APAC operations
All external connectivity was turned off, including delegated authority platforms, after unusual activity on its network was detected.
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- October 6 2022
Howden Specialty hires Steven Garrod to bolster APAC natural resources team
The former Lockton exec will focus on renewables, downstream energy and construction lines.
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- October 4 2022
Specialty lines ‘help open the door’ to Asia: Helvetia CEO
Switzerland’s third largest insurer plans to double its Asian business in the next five years.
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- October 3 2022
Analytics: Asian cat losses up 145% since 2017
Models show that (re)insurers should expect even higher losses as exposures rise, according to data provider Verisk.
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- September 29 2022
Gallagher Re shakes-up APAC senior team
David Bangs takes over as head of Gallagher Re APAC from Robin Swindell, who heads to Tokyo in a senior role.
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- September 29 2022
Axa XL charges up APAC, Europe energy team with Scor hire
Olivier Croese will join the Paris office as product leader for energy and construction.
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- September 28 2022
Risk pools no panacea for Asia’s secondary peril threat
(Re)insurers need to improve risk selection and underwriting to cope with models that don’t have the same predictive power.
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- September 26 2022
‘Deutsche Rück to focus on small and medium-sized insurers in Asia’
The carrier will rely on its own network of brokers but will certainly work with local ones too, Asia MD Tarik Aouad told IAN.
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- September 23 2022
‘Hardening continuing into the coming renewal’: Swiss Re’s Paul Murray
The reinsurer is withdrawing capacity from frequency-driven nat cat events and doubling down on ‘sweet spot’ high layers in Asia.
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- September 22 2022
Berkley names Aaron Yip as Singapore CEO
Yip will report to Asia chief executive Shasi Nair and will continue in his role as chief underwriting officer for Asia.
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- September 22 2022
Analytics: Asia marine premium growth offset by higher claims
Vessel activity returns to pre-Covid levels, rates flatten and inflation pushes up cost of repairs.
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- September 21 2022
South and South-East Asian reinsurers face inflation, poor returns double whammy: AM Best
Pricing increases may not be sufficient for carriers to increase technical profitability despite a five-percentage-point COR improvement since 2019.
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- September 21 2022
Asia may ‘finally pull its weight’ on terrorism cover
The market is on the cusp of change with rates set to harden as global firms pay more attention to the risk.
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- September 20 2022
Aon goes in-house for APAC cyber head and bolsters M&A team
Adam Peckman takes on cyber role covering five territories, while Adrian Chai becomes director, transaction solutions, Asia.
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- September 20 2022
RVS Monte Carlo: Five key APAC take-aways from the Rendez-Vous
Climate change, macro risks and hardening markets dominate discussions at the biggest reinsurer meet-up.
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- September 15 2022
Deutsche Rück expands into Asia
Tarik Aouad will head the joint department for the Middle East and Asia for the German reinsurer.
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- September 15 2022
Asia reinsurance growth to ease as capital tightens
Premiums will grow at 3-4% a year over the next three years with underwriting becoming more selective.
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- September 14 2022
FWD refiles for Hong Kong IPO
Stock exchange filing revealed that H1 new business reached US$405m, up 25% year-on-year.
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- September 14 2022
Insurers’ ESG reluctance holding back Asia greening agenda
Market players need to find better ways of underwriting new projects that they don't fully understand.
