Country: Asia Page 5 / 394
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- January 23 2025
Aon launches India life and health reinsurance practice, appoints Renuka Nar as head
Broker also appoints Neha Shah as the practice’s chief actuary.
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- January 23 2025
Gard expands Japan product portfolio with marine & energy risks
The P&I club will offer hull and machinery, war risk and loss of hire covers as well as builders’ risk to shipyards and offshore wind risk.
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- January 23 2025
Zurich Kotak appoints Nimesh Jayanti Kanabar as CRO
Industry veteran joins firm from domestic peer Zuno General Insurance.
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- January 23 2025
Indian shipping regulator allows Russian insurer Soglasie to offer P&I cover
The Directorate General of Shipping has also extended approval for Russian insurers Sogaz Insurance, Alfastrakhovanie, and VSK Insurance to cover vessels entering India ports till 2030.
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- January 23 2025
Malaysian Re in good stead ahead after business revamp: AM Best
Global rating agency affirms A- (excellent) insurer rating with a stable outlook, driven by a very strong balance sheet, adequate operating performance and a neutral business profile.
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- January 23 2025
With Donald Trump’s ESG curveball, what’s the outlook for APAC liability coverage?
With environmental, social and governance (ESG) back in the spotlight in the first week of the new US presidency, market experts say clients are demanding liability cover amid an ever-changing regional landscape.
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- January 22 2025
APAC records nat cat insured losses at US$8bn in 2024, the lowest since 2012: Gallagher Re
Three events - China seasonal floods, Typhoon Yagi, and Japan’s Noto Peninsula Earthquake - drove 68% of economic losses, or US$88bn, in the region.
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- January 22 2025
India’s Zurich Kotak appoints Sutikshan Mishra as financial institutions group head
Mishra joins firm from health insurer Star Health and Allied Insurance, where he was business head for bancassurance sales and strategic alliances.
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- January 22 2025
First for Vietnam as Circles Group, Bao Minh Insurance offer film, event solutions
MGA will provide A-rated capacity, products and underwriting, while the Vietnamese insurer will offer distribution and local regulatory paper.
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- January 22 2025
WTW hands Tushar Gupta expanded finex role in India
Mumbai-based Gupta will retain his current role as head of financial institutions for South-East Asia and India for the CRB business.
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- January 22 2025
Exclusive: Axa XL Asia set for leadership change as Gilles Fromageot joins international markets team
Fromageot will head Morocco and the CIMA region for the insurer and will be based in Morocco, InsuranceAsia News (IAN) understands.
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- January 22 2025
Price Forbes Singapore adds energy specialism with senior Aon hire
Ardonagh Group-owned specialty broker appoints Alex Davies as director of power, downstream and renewables.
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- January 21 2025
TSMC assessing impact of 6.4-magnitude Taiwan earthquake
World's largest chipmaker says workers were evacuated after the quake, but all affected sites are gradually resuming production.
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- January 21 2025
East, South-East Asia record 72 piracy incidents in 2024, with 43 in Singapore Strait
11 large vessels targeted in the strait were over 100,000 deadweight tonnage, according to a report from the International Maritime Bureau.
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- January 21 2025
Peeravut Sukho returns to MSIG Thailand as senior vice president for business development
Bangkok-based Sukho will lead the carrier's business development team for broker and bancassurance partners, direct, affinity and digital distribution channels.
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- January 21 2025
Exclusive: Ex-Aon India transaction liability leadership heads to rival Lockton
Anand Kaul will assume the role of managing director for transactional lines in India, with Neelam Singh Koyande and Kulvir Sing also set to join the Mumbai-based team, IAN understands.
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- January 20 2025
South Korea braces for Trump tariffs with US$69bn trade insurance support: report
K-Sure will provide trade cover for SMEs, offering lower interest rates and expanded guarantee limits, according to a report in The Korea Herald.
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- January 20 2025
Korean insurers to cut motor premiums despite worsening loss ratios: report
In the fourth consecutive year of rate reductions, major non-life insurance companies will reduce premiums by an average of 0.5-1% this year.
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- January 20 2025
Swiss Re CorSo bets on international programs, ART to differentiate: Ivan Gonzalez
CEO says insurer plans to increase premiums from the two businesses to more than 25% of its GWP in three years from 19%.
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- January 20 2025
Aon appoints Mufei Lo as Asia head of marine claims advocacy
Singapore-based Lo has over 20 years of experience in international marine, transport, and cargo insurance across Europe and Asia.
