Country: Asia Page 49 / 455
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- May 19 2025
Crypto specialist MGA Qubit formally launches in Australia
Underwriter will offer Lloyd's capacity to the digital asset space, according to CEO Helen Ye.
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- May 19 2025
Canopius expands APAC leadership with double appointment
Singapore-based Chen Zhang and Channing Chiu will report to APAC and MENA CEO Soon Keen Lee.
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- May 18 2025
Southeast Asia, Australia in Allianz’s M&A plans, CFO says
Claire-Marie Coste-Lepoutre was speaking during a Q1 earnings call.
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- May 16 2025
Beijing hail leads to US$44m insured loss from widespread motor, property damage
Local insurers have received at least 45,600 claims, with the majority related to motor, as of May 14, according to the Beijing Financial Regulatory Bureau.
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- May 16 2025
India’s reforms on hold as IRDAI seeks new chairman: report
Debasish Panda completed his three-year term as chairman of the Insurance Regulatory & Development Authority of India (IRDAI) on March 13.
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- May 16 2025
Tokio Marine Indonesia to sustain strong capital buffers, overall earnings: AM Best
AM Best affirmed its insurer rating of A- (excellent) with a stable outlook.
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- May 16 2025
HDI builds out North Asia liability team with TaeHan Kim as underwriting manager
Joining from Scor Australia, Kim will be based in the specialty (re)insurer's Hong Kong office.
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- May 16 2025
Gallagher ships in Aon’s Sanjay Mehra as head of marine in India
Mumbai-based Mehra previoulsy worked for Aon, Marsh, K.M Dastur, Howden and ICICI Lombard.
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- May 15 2025
Philippines’ P&C growth supported by rising demand, stabilised reinsurance capacity: AM Best
However, underwriting performance is subject to greater volatility due to the country's increased nat cat exposure.
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- May 15 2025
WTW hands Luke Ware expanded dual role as head of Asia
New position is alongside his existing role as head of corporate risk and broking for Asia.
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- May 15 2025
South Korean insurers see steep solvency decline amid rising liabilities: reports
Insurance Financial Solvency Ratio for non-life insurers dropped by 16% percentage points quarter on quarter to 211%.
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- May 15 2025
Vietnam’s PVI partners South Korea’s EGI for engineering guarantee insurance foray
Cooperation aims to create favourable conditions for South Korean construction enterprises to participate in infrastructure projects in Vietnam.
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- May 14 2025
HDI Global appoints Casey Sandler as interim MD for Japan branch
Sandler will replace Uwe Jürgen Sievers, who will step down after 30 years of service due to personal reasons.
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- May 14 2025
Japan’s major non-life insurers’ profitability to improve in short term: AM Best
Tokio Marine, MS&AD and Sompo Holdings are committed to reducing their equity holdings to zero over the next 5-6 years to improve capital efficiency and financial transparency.
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- May 14 2025
India approves 3 more Russian insurers to provide marine cover
Sberbank Insurance, Ugoria and ASTK have received approval to offer P&I coverage for tankers calling at Indian ports, according to Reuters.
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- May 14 2025
Axa XL boosts India team, taps Swiss Re’s Saumitra Sharma as CUO
Specialty (re)insurer has made five new hires in the country across underwriting and claims, the additions follow the onboarding of new CEO Alok Shukla on April 1.
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- May 13 2025
Zurich Singapore hands out 2 expanded property, financial lines leadership roles
Christy Yeo appointed head of property, and Wendy Ong appointed head of financial lines.
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- May 13 2025
Howden Asia hires ecosystems industry veteran Daniel Fairweather
Singapore-based Fairweather was previously executive director at Gallagher and divisional director at WTW.
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- May 13 2025
Korea’s FSC to establish bridge insurer for MG Non-Life reorganisation: report
Temporary insurer will be funded by Korea Deposit Insurance Corporation to manage the troubled carrier's insurance contracts and transfer to other non-life carriers.
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- May 13 2025
Lotte Insurance plans capital raise as it postpones US$64m bond redemption: reports
Carrier's plans to exercise a call option ran into opposition from regulator FSS due to low capital ratio.
