Country: Asia Page 5 / 405
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- April 3 2025
Sompo appoints Sherlyn Kok as vice president, APAC head of compliance
Singapore-based Kok will lead the regional and local market compliance, reporting to Todd Corey, executive vice president, general counsel, APAC.
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- April 3 2025
Thailand’s natural disaster risk profile stable after March earthquake: report
As the country, especially the central region, has a very low seismic hazard exposure, Allianz Ayudhya General Insurance said the event did not change the risk profile of the market.
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- April 3 2025
Berkley deal to add US$272m to Mitsui Sumitomo’s earnings: Fitch
No immediate effect on MSI ratings after Berkley stake buy and the merger with Aioi Nissay merger, the rating agency said.
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- April 2 2025
Petronas faces potential US$5m hit from Malaysia pipeline explosion
National energy company’s captive, Energas, provides up to US$18m of cover, IAN understands.
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- April 2 2025
WTW’s James Wong joins Oneglobal as head of client services
Singapore-based Wong will lead insurance broker's general lines of business and establish risk advisory services.
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- April 1 2025
Allianz Commercial Asia hands Will Slade expanded role as head of portfolio solutions
Singapore-based Slade will assume the new position in addition to his current responsibility as key relationship manager.
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- April 1 2025
Marsh India promotes Riddhiman Kundu
He has been with Marsh for over 10 years, having also worked for ICICI Lombard and ICICI Securities.
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- April 1 2025
Gard appoints Akira Arii as senior adviser, Japanese branch representative
Appointment comes ahead of the retirement of Shuichi Yoshida, who has held the position since 2022.
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- April 1 2025
Howden India appoints Aon’s Saurabh Verma as chief business officer
He will be in charge of promoting regional growth and strengthening client connections.
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- April 1 2025
Chubb promotes senior Hong Kong trio
Patrick Wong assumes role of head of global client executive, with Queency Chau and Barry Yu also promoted.
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- April 1 2025
‘Welcome reprieve for buyers’ at 1.4, Japan cat XoL rates down 10-15%: Howden Re
Risk-adjusted rate reductions in Asia Pacific and varied specialty renewal outcomes reflect ‘hard market softening’ at April 1, the broker said in its post-renewal report.
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- April 1 2025
Thai insurers set to halt free coverage in wake of devastating earthquake
Thai General Insurance Association president Somporn Suebthawilkul says insurers must reassess and adjust their strategies to manage growing risks from natural disasters.
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- April 1 2025
Megaquake in Japan’s Nankai Trough could cause US$2trn economic losses, kill 300,000
Government expert panel estimates about an 80% chance of a magnitude 8 to 9 earthquake along the tremulous seabed zone occurring within 30 years
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- April 1 2025
Korean broker Wise boosts reinsurance team with Drew Yoo appointment
He previously worked for HIS Korea for over three and a half years as a treaty broker.
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- April 1 2025
Keisuke Miura promoted to corporate, commercial leader for Marsh Japan
He will relocate from Singapore to Tokyo, having spent almost 13 years with Marsh.
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- April 1 2025
South Korea wildfire claims to ‘pour in’, Japan to see minimum insured losses
Some 48,000 hectares were burned in South Korea, with just over 1,000 hectares impacted in two Japanese prefectures.
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- April 1 2025
Aon Re names Soeren Soltysiak Asia CEO in regional leadership rejig
Reinsurance solutions also appoints Musa Adlan as MD for Asia and announced new co-heads for L&H, retrocession and a chairman for APAC specialty.
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- April 1 2025
MS&AD Group’s M&A activity affordable, to help earnings: S&P
The merger of Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance may lead to elimination of overlapping business activities.
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- March 31 2025
South Korea’s new capital requirements to reduce insurers’ burden, enhance quality: Fitch
Introduction of a mandatory core capital ratio requirement will tighten the quality of capital that insurers hold.
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- March 31 2025
China Re’s P&C net profit up 69% to US$716m, COR deteriorates to 99.86%
Net profit from domestic primary P&C insurance business quadruples to US$206m.
