Country: Asia Page 32 / 455
-
- September 10 2025
W&I sustainability in jeopardy as low premiums, high claims spark concerns amid ‘competitive’ market
Number of London-based underwriters have transferred to APAC, highlighting the need to understand local nuances and risk profiles, rather than replicating practices from Europe, sources told InsuranceAsia News.
-
- September 9 2025
Midea Group founder takes 11.5% stake in Samsung P&C China: reports
Acquisition from Yuxing Technology Development will make Foshan Shunde District Junlan Hotel Management the third-largest shareholder, pending regulatory approval.
-
- September 9 2025
Allianz, Jio Financial confirm reinsurance JV incorporation
Allianz Jio Reinsurance (AJRL) will conduct reinsurance business in India following its incorporation on Monday.
-
- September 9 2025
Ariel Re to launch new Lloyd’s syndicate 2006
Ariel Re, which underwrites business in Hong Kong, Bermuda, and London, has been given provisional approval from the UK exchange.
-
- September 9 2025
Indonesian protests to result in ‘substantial’ losses, but PV market capacity not a concern
Claims likely to arise from riot, strikes, civil commotion and malicious damage perils from the protests which started in late August, sources told InsuranceAsia News.
-
- September 9 2025
World Bank to back 5-year climate shield for Philippines agriculture
US$70 million initiative will create a co-insurance pool that offer protection from escalating climate-related risks.
-
- September 9 2025
Aon appoints Angel Chiu as associate director for Delivering Aon United, growth team
Hong Kong-based Chiu makes the switch to Aon after spending most of her career in sales and business development.
-
- September 9 2025
Marine insurers warned of never-before-seen challenge, geopolitics changing landscape overnight as IUMI opens in Singapore
International Union of Marine Insurance’s (IUMI) annual conference kicked off on Monday in Singapore, with president Frédéric Denèfle and Singapore's minister of state for transport Baey Yam Keng addressing delegates.
-
- September 8 2025
Price Forbes hires Eric Wang as head of affinity in Singapore
He will be responsible for leading and growing the company's facultative reinsurance portfolios across key affinity products.
-
- September 8 2025
Axa XL appoints Ramesh Sivanathan as principal officer for Malaysia
He takes on the combined role alongside his current position as business lead.
-
- September 8 2025
Aon appoints Nitish Tiwari as deputy vice president for India global solutions
He will be responsible for providing solutions and expertise for property, construction, power and infrastructure.
-
- September 5 2025
Generali GC&C Asia hires Emma Liu as head of casualty underwriting
Liu, who joins from AIG in Singapore, will relocate to Hong Kong in her new role.
-
- September 5 2025
Marsh taps WTW’s Ellen Fung as strategic client director
Fung, who also previously spent over two decades at Aon, will be responsible for delivering strategic insights and tailored risk solutions to key clients in Hong Kong.
-
- September 5 2025
Hong Kong’s Peak Re to maintain favourable underwriting profitability: AM Best
AM Best has affirmed a financial strength rating of A- (Excellent) and long-term issuer credit rating of a- (Excellent) to Peak Re and its subsidiaries, with a stable outlook.
-
- September 5 2025
Exclusive: Howden snaps up 40-year Marsh veteran Rebecca Poon
Hong Kong-based Poon, who was managing director at Marsh, has been appointed chief client officer.
-
- September 5 2025
Lloyd’s looks to drive regional penetration, but conditions have to be right: Patrick Tiernan
CEO says the markets should recognise the need for flexibility, which requires collaboration with governments and regulators to establish systems that boost insurance penetration.
-
- September 4 2025
Aon promotes Qin Lu to head of North Asia, Andrew Minnitt to head of Southeast Asia
Pair will expand their current roles to lead the newly-created North Asia and Southeast Asia subregions.
-
- September 4 2025
Allied World names Jolene Chua vice president for Asia A&H
Chua was previously employed at Sompo Insurance Singapore, where she held various roles for over five years.
-
- September 4 2025
MG Non-Life’s bridge insurer starts operations
South Korean regulator transfers all insurance contracts and assets to Yebyeol Non-Life Insurance and all MG Non-Life Insurance operations have been suspended.
-
- September 4 2025
Typhoon Wipha, flooding unlocks US$2m Seadrif parametric payout in Laos
Payout was made under the new sovereign parametric insurance policy issued by the Asian risk pool in May, which features an annual aggregate trigger.
