Country: Asia Page 30 / 53
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- September 14 2022
Rising cat claims force APAC governments to partner reinsurers: S&P
Government-backed cat pools and widening agri cover are seen as ways to maintain affordability.
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- September 13 2022
Aon snags Marsh M&A specialist as Asia head of transaction solutions
Xianwei Lee started the role in Singapore this month.
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- September 12 2022
Analytics: Asia P&C claims continue to outpace price rises
Competition and lack of affordability mean insurers may pass just 80% of claims' inflation to clients, says Fitch.
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- September 9 2022
APAC renewables to generate US$59bn of premium by 2035: Swiss Re report
Property and casualty sector global real premiums will grow by around 2.7% in 2023.
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- September 9 2022
Lloyd’s Asia posts 25% H1 growth but COR deteriorates
Marine and cargo premiums grew for the first time in three years, but the region took a hit from Australian floods.
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- September 8 2022
Aspen Re looks to casualty for Asia growth
Reinsurers are diverting capacity as they get selective with property, says Beatrice Morley.
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- September 7 2022
MS Amlin boosts APAC underwriting and claims with five Singapore hires
Alex Wang, Jason Tan, Srinath Iyer, Kris Gwee and Joash Tan have all joined the team.
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- September 7 2022
FM Global’s James Thompson becomes APAC leader as trio promoted
Tan Hian Hong and Andrew Stafford also handed senior operational roles.
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- September 7 2022
Supply squeeze pushing up Asia nat cat treaty pricing
After TMK and Axis Re exits, hardening market drives cedants to alternatives such as ILS, parametric or structured solutions.
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- September 5 2022
Canopius snaps up Zurich’s Megan Shao to head APAC claims
Shao is based in Singapore and joins following the specialty (re)insurer's strategic restructure.
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- September 2 2022
Guy Carpenter signs up Les Loh for South-East Asia, Korea role
The former Axis Re Asia Pacific president will join the broker in October.
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- September 2 2022
China P&I exploring South-East Asia markets for diversification: AM Best
The rating agency has assigned the club a financial strength rating of A- (excellent).
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- September 2 2022
Analytics: Inflation and climate change ramp up pressure on APAC reinsurers
A confluence of issues is leading to higher nat cat claims and reserve deficiencies.
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- September 2 2022
William Pang takes reins at Asia Reinsurance Brokers
Richard Austen, who has been at the helm since 2000, takes up executive chairman role.
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- September 1 2022
Opinion: Lloyd’s Asia to keep growing despite leavers
Opportunity knocks for the remaining syndicates who have been offsetting the departing capacity.
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- August 31 2022
Everest Re recruits Chubb veteran to boost ‘critical’ APAC region
Kevin Bogardus, former president of Chubb Singapore, tasked with building client and broker relationships.
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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.
