Country: Asia Page 30 / 401
-
- September 27 2024
Sompo Japan sustains strong operating performance: AM Best
The insurer has demonstrated strong operating performance, reflected in consistent growth in premium income and a five-year average return-on-equity ratio of 8.9% for the fiscal years 2019 to 2023.
-
- September 27 2024
Samsung P&C China to post underwriting losses for next two years: S&P Global
S&P Global Ratings affirmed its "A" rating on the insurer with a "stable" outlook under its revised capital model.
-
- September 27 2024
Typhoon Yagi triggers first-ever insurance payout for Red Cross’ global disaster fund
Asia's most powerful typhoon this year has tipped the disaster response fund run by International Federation of Red Cross and Red Crescent Societies over the deductible threshold at US$38.9 million, triggering its first-ever payout.
-
- September 27 2024
New routes create new risks for insurers as Red Sea remains US$3tn threat
As longer transit time, delays, increased emissions and piracy threats plague attempts to circumvent the region, it could be transformational for the Belt and Road initiative as cargo moves to rail and air.
-
- September 27 2024
Q&A: Sustainability considerations a key theme for Asean carriers, says Malaysian Re’s Azhari
The Malaysian reinsurer’s president and CEO Ahmad Noor Azhari lays out the regional insurance landscape and charts the carrier’s strategic ambitions in an exclusive chat with IAN.
-
- September 27 2024
Insurers need to attract APAC’s diverse talent pool to innovate and grow: HSBC’s Tsang
HSBC Life’s Hong Kong CEO Daisy Tsang tells InsuranceAsia News how different initiatives can help regional businesses attract, educate and retain top talent, especially amongst younger employees.
-
- September 26 2024
India government may merge some state-owned general insurers: report
Over the last few years, the government has been considering several options for the firms such as mergers, listing, and strategic disinvestment.
-
- September 26 2024
Axa XL appoints Priscilla Yeung as property underwriter in Hong Kong
Yeung joins the specialty (re)insurer from Allied World, where she was a senior underwriter.
-
- September 26 2024
West P&I promotes Cai Xuanlun to CEO for Hong Kong office
Cai replaces Robert Macnamara, who was the chief executive for the IG P&I Club in the city for 28 years, and will start in the role in December this year.
-
- September 26 2024
Lockton names new Singapore CEO as Frederic Boles steps up to a regional role
Deven Lim has been promoted to chief executive effective October 1 as the Boles will transition into the role of regional head of professional and financial risks and credit for Asia.
-
- September 26 2024
Q&A: Global warming is creating uncertainty in valuation of physical assets
Chelsea Jiang, Axa’s chief technical and innovation officer, general insurance for Greater China, shares her views on parametric, how companies can guard against convective storms, and HK’s role in narrowing China’s protection gap.
-
- September 26 2024
WTW launches new China client division with Jie Yan named as head
New York-based Yan has been promoted to head the newly launched division after having assumed various senior roles at the global broker over the past 11 years.
-
- September 26 2024
Gen AI, digital infrastructure foundational to enhancing customer experience: FWD
The Hong Kong insurance group's chief digital officer Ryan Kim shares how AI and technology can benefit insurers’ operations and distribution processes.
-
- September 26 2024
Generali GC&C bolsters Asia leadership with AIG and Lloyd’s hires
The insurer as appointed Winnie Chu from AIG as head of financial lines underwriting and Joshua Lynch from Lloyd's as head of business development.
-
- September 26 2024
Better cat data key to easing region’s growing capacity pressures: Perils’ APAC head
As insurance penetration and cat exposure rise in APAC, the availability of better quality data must go hand-in-hand with the growth of alternative capital sources. That leads the cat loss specialist to expand its loss data coverage in Japan & South-East Asia, said Darryl Pidcock.
-
- September 26 2024
Reinsurers pivotal to supporting China’s cat insurance system: Taiping Re’s Sheldon Yu
The Chinese government has stated its intention to promote a catastrophe insurance system that will run along market principles, as regulators seek to improve the country’s response to natural catastrophes, which have caused direct economic losses of US$12.8bn in H1 2024.
-
- September 26 2024
Cybersecurity firm Blackpanda integrates underwriting unit into group
The cyber emergency response firm raises US$6.7 million from Singtel Innov8, Gaw Capital Partners and WI Harper Group, taking its total capital raised under Series A to US$21.7 million.
-
- September 25 2024
Price Forbes ropes in Honan’s Thomas Russell to spearhead Singapore ANZ division
Russell has taken up the newly created role as director, head of Australia and New Zealand wholesale for Asia in a newly created position reporting to Phil Johnson, CEO for APAC.
-
- September 25 2024
WTW appoints Sao Mai Nguyen as associate director for cargo, Asia
Nguyen will join the regional Asia cargo team within WTW's global marine business, according to an announcement by Oliver Scarr, head of cargo for Asia.
-
- September 25 2024
Rising cat losses in Greater China put risk exposures under the lens
(Re)insurers in the region are increasingly focusing on understanding and analysing risk exposures and are more willing to invest in data collection, says Guy Carpenter’s Kitty Bao.
