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- August 1 2023
Howden appoints Amit Agarwal India CEO in leadership rejig
Mumbai-based Agarwal takes over from Praveen Vashishta, who has been appointed to the role of chairman.
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- August 1 2023
Asian aircraft lessors set for June 2024 trial over insurance claims on jets in Russia: report
SMBC Aviation, BOC Aviation and CDB Aviation are preparing for the hearing in cases involving several leading global (re)insurers.
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- August 1 2023
Axa XL bolsters north Asia marine team with two senior promotions
Shirley Kwok has been promoted to head of marine cargo, North Asia, with Gary Tin elevated to senior underwriter.
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- August 1 2023
Asia saw ‘double-digit’ D&O price decreases in Q2 as cyber rose 8%: Marsh
Composite insurance pricing in the region was flat as hikes in property and cyber were offset by a decline in casualty and financial and professional lines rates.
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- August 1 2023
Australia’s SGUA approved as Lloyd’s coverholder
A specialist in residential investment properties since 1991, SGUA will leverage the Lloyd’s market from August 1 onwards.
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- July 31 2023
Nautilus Marine acquires SPT Insurance’s personal watercraft portfolio
The marine specialist MGA had entered into a business partnership a year ago with SPT to manage and underwrite this portfolio.
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- July 31 2023
Ben Carey to join Chubb as APAC head of field operations
Carey, who is leaving Everest Insurance, will start the newly created role in Q1 2024 and be based in Singapore.
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- July 31 2023
Everest Insurance’s Swee Keong Mah named interim Asia head
Singapore-based Mah, who is the head of legal, Asia Pacific, was handed charge on July 28 following Ben Carey's exit.
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- July 31 2023
Japan P&I Club sees increase in free reserves, ratings affirmed: S&P Global
The rating agency also revised the company’s financial risk profile upwards as its capital adequacy has improved to the 'AA' confidence level following a US$49m unbudgeted supplementary call.
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- July 31 2023
Korea’s evolving underwriting dynamics put reinsurance in focus
Carriers may need to improve underwriting discipline in light of the hardening market and rising interest rates.
