Country: Asia Page 33 / 406
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- October 7 2024
Indian regulator urges insurers to go public: report
In its meetings with senior insurance officials, IRDAI is nudging companies that have been in operation for more than a decade to list in a bid to align with global corporate governance standards.
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- October 7 2024
QBE Singapore elevates Joyce Cheong to head of claims, people & asset risk
Cheong is responsible for all people-related risk claims such as accident, health, workers compensation and injuries, and asset-related losses including property, motor and engineering damages.
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- October 7 2024
MNK Group launches reinsurer in Labuan, appoints CEO
The London-based insurance group's new Asia-focused carrier, to be called Mekong Re, will see Rajguru K taking the helm as chief executive.
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- October 7 2024
Carriers hop back on crypto bandwagon as local regulations, attractive rates beckon
While more (re)insurance providers have entered the market, the industry needs to guard against loose underwriting and opportunistic capacity.
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- October 7 2024
Hartford Asia powers up financial lines underwriting with Melanie Ho hire
Based in Hong Kong, Ho joined from Chubb where she began her insurance career in 2021 as an assistant underwriter.
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- October 7 2024
Typhoon Krathon’s economic losses likely reach ‘tens of million’ in Taiwan, Philippines
The local government in Taiwan's Keelung city estimated that restoration and rebuilding work related to typhoon Krathon will cause US$14.8m according to local media citing city mayor George Hsieh.
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- October 7 2024
SBI General Insurance names Vivek Mane as head of distribution, agency & broking
With two decades of experience, Mumbai-based Mane was most recently vice president & national manager for agency and retail broking at Liberty General Insurance.
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- October 4 2024
Mahindra Insurance Brokers opens Dubai office to tap MENA reinsurance growth
The expansion allows the reinsurance broker to tap into the Middle East and North Africa market, expand client base and explore new opportunities in the region.
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- October 4 2024
Jerris Fong returns to QBE as head of pricing for Asia
Fong was previously quantitative insights manager based in Sydney before he left the carrier in 2022. In his new role he will relocate to Singapore and report to Jeremy Lau, chief underwriting officer for Asia.
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- October 4 2024
Gallagher India taps ex-Aon veteran Ajit Singh Horra as MD, names four division heads
Horra joined from Aon Global Insurance Brokers where he was senior executive vice president. It also named Puneet Gehani as chief business officer, Dev Bhutani as head-strategy & client management, Saurabh Gupta as head-North region and promoted Hari Kamath to CFO.
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- October 4 2024
Brokers take measured approach to crack Japan’s US$62bn premium pot
With expectation for more intermediation, Western brokers are taking different approaches to entering the world's fourth largest insurance market.
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- October 3 2024
Zurich Kotak appoints Ajey Hegde to lead its commercial portfolio
Hegde, an industry veteran with over two decades of experience, was executive vice president with Tata AIG General Insurance prior to this move.
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- October 3 2024
Typhoon Krathon makes landfall as Taiwan shuts down for second day
The slow-moving typhoon is expected to cause 'catastrophic damage' as it is likely to have a longer impact on the island as it moves through the populous western plains but it is weakening and is expected to turn into a tropical depression before reaching Taipei.
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- October 3 2024
Coface names Ronald Chai as head of commercial for Singapore
Chai takes over from Peter Elder, who has been promoted in May to regional head of banks & financial institutions for Asia Pacific based in Singapore.
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- October 3 2024
WTW reshuffles Philippines leadership with Aon hire
The broker has appointed Gerald Dolina as head of Philippines & head of corporate risk & broking, and promoted the incumbent, James Matti, to managing director, health, wealth and career.
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- October 3 2024
India defers roll out of IFRS 17 equivalent indefinitely: report
Insurers can submit financial statements under the earlier Ind AS104 regime till the IRDAI notifies the implementation of the Ind AS 117standard.
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- October 3 2024
Opinion: What has happened to the ESG agenda?
While financial services jargon changes with each decade, time has shown that it is the policy that matters, not the presentation.
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- October 2 2024
Typhoon Shanshan claims climb to US$180m in Japan
Fire insurance losses accounted for the bulk of 90% of the claims paid out and 85% of claims filed after the strongest typhoon to hit the country in decades made landfall in south-west Japan on August 29.
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- October 2 2024
Reinsurers’ risk insights, modelling vital to taming escalating nat cat losses: Swiss Re
Besides providing capacity, the reinsurer's expertise and insights on risks related to climate change and renewable energy are key to its collaboration with insurers in limiting nat cat losses, says Victor Kuk.
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- October 1 2024
Seadrif’s Typhoon Yagi pay out in Laos tops US$3m
The extended flood impact triggered a second parametric payout of US$2.25 million on September 30, just a week after the initial pay out of US$750,000 was made to the ministry of finance.
