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- January 11 2024
Axa XL bolsters APAC & Europe team with new appointment
Amsterdam-based Shanna Zrini has been named underwriting business owner for Asia Pacific and Europe.
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- January 11 2024
Insurtech: Six tech predictions for the insurance sector in 2024
2023 was undoubtedly the year artificial intelligence (AI) went mainstream in the insurance industry. Many leaders are now entering 2024 with high, and potentially inflated, expectations on the potential of AI to ignite an era of accelerated technology led change. Fintechs are seizing the moment, finding ways to bring value to traditional insurers. Insurers are […]
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- January 11 2024
Exclusive: Sedgwick takes Crawford’s Veronica Grigg as Asia CEO
The loss adjuster's interim CEO Stephen Kerr will transition into the role of chief operating officer for Asia, while Simon Kay has been appointed director of executive services.
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- January 11 2024
Indonesia to raise minimum capital requirement for insurers to US$16m by 2026: report
For reinsurers, the minimum equity required will be US$32m in 2026, which will be increased to US$128m by end of 2028.
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- January 11 2024
Marsh McLennan appoints Tri Bui as Vietnam CEO
The broking and consulting group has also promoted Marsh's country chairman Leslie Mouat as chief adviser.
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- January 11 2024
ILS fund Leadenhall hires Yuko Hoshino to grow Japan, Asia fundraising
London-based Hoshino will report to Lorenzo Volpi, managing partner and deputy CEO of the Mitsui Sumitomo-backed ILS investment manager.
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- January 10 2024
Generali takes 100% ownership of China P&C JV
The global insurer has bought out the 51% stake owned by CNPC Capital in Generali China Insurance for US$108m through a public auction.
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- January 10 2024
Australian government is ‘planning to review’ cyclone reinsurance pool, says minister
Murray Watt, the country's minister for emergency management, said that over the next five years the federal government will allocate US$671m in disaster mitigation funding to be matched by state and territory governments.
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- January 10 2024
Oona Insurance Indonesia appoints new CEO
Jakarta-based Vincent Soegianto was most recently the merchant business head at Indonesian Bank Jago where he was leading the finance solution for SMEs.
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- January 10 2024
Minimal impact seen on insurers following Japan earthquake: Fitch
The three non-life carriers have limited net retention on residential earthquake risk, which is run by the government, and on commercial risks, which is largely reinsured.
