Country: Asia Page 4 / 47
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- November 22 2023
AIG veteran Tomi Latva-Kiskola to head Everest Insurance Asia
Swee Keong Mah, current interim head for Asia, has been appointed as chief executive officer, Everest Insurance Singapore.
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- November 22 2023
Cyber threats biggest worry for APAC enterprises: Aon risk survey
Only two of the top five current risks in the Asia Pacific are insurable and half of the overall top 10 are uninsurable at present.
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- November 22 2023
Markel set to build out marine cargo, general casualty lines in Asia
The specialty (re)insurer's underwriting leaders discuss the carrier's regional growth plans, Australian ambitions and India outlook.
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- November 21 2023
NorthStandard to increase its P&I and FD&D premiums in 2024-25
The club will apply 5% general increase to its premiums from February 2024 for the 2024-25 policy year to represent "a responsible approach to underwriting at a time of persistent shipping market uncertainties".
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- November 21 2023
Asia casualty programmes harder to place, says WTW’s MacCarthy
The covers have reduced substantively with a tightening of the limit belt, offering a range of US$25-$30m now compared with US$50m earlier.
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- November 21 2023
Volante takes China Re’s Liu Song as treaty director
Singapore-based Song will be the Lloyd's player's portfolio director responsible for treaty business in South-East Asia, Greater China, and South Korea.
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- November 17 2023
Unwillingness to deploy capacity comes from too many surprises in the covers: Allianz Re’s Steimen
The (re)insurance industry needs to make sure that it understands the risks via the use of models and has to invest more into better data as economic growth in Asia keeps driving losses up.
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- November 16 2023
Rates have to catch up with losses to ease APAC’s offshore wind capacity crunch
(Re)insurers are showing no appetite even as projects pile up, especially in Taiwan, while premiums and risks remain disproportionate, industry sources say.
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- November 15 2023
Opinion: Government intervention key to addressing APAC’s insurability challenges
As insurers grapple with secondary perils, governments, especially in emerging Asia, need to look at prevention not cure.
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- November 14 2023
Canopius’ Mark Newman to take charge as UK CEO
The (re)insurer's APAC chief executive will assume his new role on January 1, 2024.
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- November 14 2023
Risk pools may not be the panacea for APAC’s cyber challenges: Gallagher Re’s Braney
As cyber-attacks continue to be huge issue for the region, governments should look at raising awareness, educating and knowledge-sharing, says the broker's head of international cyber.
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- November 13 2023
Tokio Marine floats disaster prevention and mitigation services firm
Led by Masashi Namatame as president, Tokio Marine Resilience will support customers and local communities by paying claims as well as address the causes of losses such as flooding, landslides, earthquakes, and tsunamis
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- November 13 2023
Mapfre Re will ask for corrections from clients as ‘there is no room for flexibility in Asia’
Regional head Javier Sánchez Cea says, the Spanish reinsurer is targeting China as part of its wider APAC strategy to grow life, casualty, bond and credit lines.
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- November 10 2023
Peak Re | From cybercrime to mental well-being: evolving needs of emerging Asia
Managing these daunting risks will require a multi-stakeholder approach to risk identification, financing and mitigation.
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- November 10 2023
Prepare to deal with US$200bn annual cat losses: Verisk
Flood remains the most tangible gap when it comes to modelling and quantifying risk as catastrophes across APAC are becoming more extreme.
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- November 9 2023
Axa XL appoints Adias Gerbaud as CUO for APAC, Europe
She assumes the role from Etienne Champion, who is taking on a new position at Axa Group as P&C Commercial Lines group chief underwriting officer.
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- November 9 2023
Reinsurers are there to protect cedents’ balance sheets, not P&L volatility: Axa XL Re’s Guidée
The chief executive flags up US casualty exposure concerns for APAC insurers as “risks are more interconnected”.
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- November 8 2023
Energy pricing to remain elevated as risks stay put: WTW
Deteriorating loss ratios and increased reinsurance costs have put the brakes on any softening.
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- November 8 2023
Clarion call for more granular data to address accumulation risk in Asean, South Asia
Aggregation of data lags behind growing risks in the region as manufacturing shifts to fast-growing economies like India and Vietnam.
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- November 7 2023
WTW launches climate risk centre in Singapore
The new centre, providing climate risk quantification and management capabilities in the region, is led by Christopher Au and is planning to hire 15 climate specialists to support APAC clients.
