Country: Asia Page 3 / 418
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- July 21 2025
Wenqiao Li returns to Allianz, joins commercial arm as head of distribution management
Hong Kong-based Li joins from Descartes Underwriting.
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- July 21 2025
Zurich’s David Wang joins Starr Insurance as APAC head of financial lines
Wang spent almost 15 years in a variety of financial lines underwriting roles with Zurich.
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- July 21 2025
DB Insurance’s operating performance and capital remain strong despite unfavourable economy: AM Best
Rating agency has affirmed the financial strength rating of A+ (superior) and the long-term issuer credit rating of “aa-” (superior) of the South Korean insurer.
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- July 20 2025
Allianz ties up with Jio Financial for India reinsurance foray
Two companies also enter into a non-binding agreement for equally owned general and life insurance JVs.
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- July 18 2025
South Korea hit by torrential rain with 4 dead, 500 properties damaged
Over 400mm of rain fell over three days, with most rain-related fatalities reported in South Chungcheong province.
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- July 18 2025
Howden India bolsters M&A team by hiring Marsh’s Saloni Bhandari as senior VP
Mumbai-based Bhandari has also been named co-head of transactional risk for India.
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- July 18 2025
Crawford confirms Tony Chapman as new head of global technical services for Asia
Appointment of Singapore-based Chapman confirms an earlier exclusive from InsuranceAsia News.
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- July 18 2025
Seadrif, Gallagher Re pioneer multi-peril parametric sovereign disaster risk policy for Laos
The two-year cover, first to use a government-reported impact-based trigger, expands the original flood-only placement to include typhoon, earthquake, and landslide.
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- July 17 2025
Toa Re’s FY24 net income grows 83% to US$190.4m, driven by investment gain
Net premiums written, however, fell by 1.8% year on year to US$1.8bn.
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- July 17 2025
Allianz Trade promotes Ivy Wanda Sthefvanie to Indonesia commercial manager
Sthefvanie has been with Allianz Trade for nearly seven years since July 2012, most recently as an account manager.
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- July 16 2025
MSIG paid out claims totalling US$44.3m in Hong Kong and Macau in 2024
Insurer's claims settlement ratio reached 94.5%, rising for the third consecutive year, up from 92.4% in 2021.
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- July 16 2025
India’s insurance regulator sets up committee to vet licence applications: reports
Insurance Regulatory and Development Authority of India also approves the first stage of an application from Kiwi General Insurance.
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- July 16 2025
MSIG Asia snaps up Marsh’s Tijen Joshi for energy, power and construction role
Singapore-based Joshi spent the last two years at Marsh as a senior vice president for claims solutions.
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- July 16 2025
Markel confirms Chelsea Jiang as greater China managing director
Hong Kong-based Jiang previously was chief technical and innovation officer for general insurance at Axa greater China.
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- July 16 2025
Tokyo flooding to bring minimal losses, but highlights growing need to adjust underwriting strategies, flood models
While the event may not significantly impact (re)insurance pricing, loss adjusters told InsuranceAsia News that insurers need to respond to increasing attritional nat cat losses.
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- July 16 2025
Generali GC&C names Dan Cunningham head of risk engineering, loss prevention for Asia
Hong Kong-based Cunningham has relocated from London.
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- July 16 2025
Gallagher India hires Deepika Oswal as national sales leader
Oswal joins from Marsh, where she was national leader, restructuring strategy and senior vice-president for key accounts.
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- July 15 2025
Aspida Life Re completes second Japanese reinsurance deal
Ares Capital-backed Bermudan carrier will reinsure new or incoming flow business for a Japanese yen-denominated fixed annuity product.
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- July 15 2025
Ramesh Mahto joins WTW India from Marsh
Mahto will relocate from Mumbai to Pune to join the multinational client management team as an assistant vice president.
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- July 15 2025
Trade risks increase for Singapore, Malaysia, Thailand as US tariffs bite: Coface
Global trade credit insurer downgrades risk assessments for the Southeast Asian trio, 'highlighting the intensifying vulnerabilities of highly trade-reliant economies'.
