Country: Asia Page 8 / 394
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- January 8 2025
Sri Lankan insurers to improve underwriting profitability amid key shifts: Fitch
Insurers are looking to enhance practices and shift focus to more profitable non-motor segments, global rating agency says.
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- January 8 2025
US-based The Hartford launches on Lloyd’s Singapore platform
Service company, to be led by Zhenghong Pan, will initially write financial lines and credit and political risks coverage through its Syndicate 1221.
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- January 8 2025
Renewable energy transition strategic focus in Asia, Charles Taylor says
Nearly US$100trn of infrastructure needs to be built worldwide over the next 25 years, including in Japan, Taiwan, China and Vietnam, says Stephen Thorpe, managing director for Asia at the global loss adjuster.
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- January 7 2025
China’s big 3 motor insurers poised for further growth as NEVs pick up pace: AM Best
People’s Insurance Company of China (PICC), China Pacific Property Insurance and Ping An Insurance command over 70% of the motor premium share in China.
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- January 7 2025
Chubb elevates Carles Tondo as head of property and technical lines in Singapore
In his new role, Tondo will be responsible for fire, terrorism, construction, power generation and energy.
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- January 7 2025
Adi Salleh returns to Samsung Re as senior property underwriter
Salleh had previously worked for nine years at Samsung Fire & Marine Insurance, which included just over five years as a fac underwriter for its reinsurance arm.
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- January 7 2025
Chubb promotes James Brown to head of global broking for Asia
Singapore-based Brown was most recently head of Chubb's major accounts division Singapore.
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- January 7 2025
Markel hires Zurich’s Jack Taylor to lead new APAC broker engagement role
Singapore-based Taylor will report to the Lloyd's carrier's Asia Pacific managing director, Christian Stobbs.
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- January 6 2025
Coface names Supanwongse Weeraworawit as Thailand country manager
Bangkok-based Weeraworawit will report to the trade credit insurer’s Asia Pacific CEO Hugh Burke.
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- January 6 2025
IRDAI seeks a listing roadmap from large insurance carriers: report
The Insurance Regulatory and Development Authority of India wants large carriers, including Bajaj Allianz, Kotak Mahindra Life and HDFC ERGO, to present a plan to list on the country’s bourses within the next two to three years.
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- January 6 2025
Lockton taps Price Forbes’ Christina Ong as Asia executive director
Singapore-based Ong will help strengthen specialty offerings in the region, the broker said.
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- January 6 2025
Sedgwick shuffles Asian leadership group with key moves in Taiwan, Japan
Global adjuster promotes Cameron Lee to chief executive officer in Taiwan, with Shuji Tanaka taking up a new role in Japan.
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- January 6 2025
Carbon projects a global opportunity for insurers, but grey area remains
As the market grows, particularly in Asia, insurers have been quick to step into the sector, but there is a need for greater experience.
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- January 3 2025
India’s Tata AIG appoints Amit Ganorkar as MD, CEO
Ganorkar, who rejoins the firm, had officially taken charge as of January 1 after succeeding Neelesh Garg.
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- January 3 2025
Labuan Re names Zaid Aziz Ibrahim as officer in charge following CEO exit
Kuala Lumpur-based Ibrahim currently serves as the chief underwriting officer and has been with the company since 2020.
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- January 3 2025
India’s GIC Re to see underwriting losses come down in 2025: chairman
Ramaswamy Narayanan says India’s national reinsurer will look to improve its combined ratio to 110% by March.
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- January 3 2025
Hong Kong-based MGA Hawkes Bay Underwriting resumes status as Lloyd’s coverholder
Resumption will enhance marine capacity to US$10 million, chief operating officer and head of marine specialty Manson Ma says.
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- January 2 2025
Marsh Asia promotes Brent Clawson to global placement leader
Clawson joined Marsh in September 2023 having spent over eight years with Aon.
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- January 2 2025
Taiping Re debuts US$35m cat bond in Hong Kong
Asia's first dual-perils, dual-triggers ILS offers the reinsurer protection against US hurricanes and China earthquake for three years.
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- January 2 2025
Marsh McLennan confirms Seth Peller as Hong Kong and Macau CEO
Peller will take on the expanded role in addition to his current responsibility as the group's Taiwan head, as first reported by IAN.
