News Page 334 / 1332
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- January 16 2025
Itochu to acquire 20% stake in Thai general insurer
Thaivivat Insurance to carry out a US$29m private placement to the Japanese trading house for the minority stake sale.
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- January 16 2025
Vietnam’s biggest non-life carrier PVI tops US$525m premiums revenue in 2024
It accounts for 17% of total premiums collected by the country’s general insurance sector, consisting of 32 companies.
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- January 15 2025
Ajit Horra replaces Sneha Gokarn as Gallagher India CEO
Horra will lead the broking team headquartered in Mumbai, working alongside Vinod Krishnan, who heads up Gallagher Re in India.
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- January 15 2025
Coface appoints new head of commercial for Taiwan
Niki Liu will be responsible for driving new business for the trade credit insurer, having previously worked for Aon-COFCO Insurance Brokers and Marsh.
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- January 15 2025
BI ‘most significant risk’ for Asian firms in 2025: Allianz Risk Barometer
Business interruption is the main risk in China and Hong Kong, Malaysia, Singapore, and South Korea, while cyber incidents top risk in India for the eighth consecutive year.
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- January 15 2025
MGA Hydor appoints Markel’s Colin Fordham as senior marine underwriter
Singapore-based Fordham was most recently senior underwriter and director of marine for Asia at Markel.
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- January 15 2025
Masahiro Koike set to become Tokio Marine Holdings CEO
Koike will take charge in June, succeeding Satoru Komiya, who will become the chairman of the Japanese insurance group.
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- January 15 2025
Markel promotes Wanshi Lin to head of Singapore
Lin will oversee the local underwriting team and spearhead business planning and market engagement on the carrier's Lloyd's platform in the newly created role.
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- January 14 2025
BOC Insurance, Taiping Re China get NFRA approval to set up Shanghai reinsurance centre branches
The two companies will operate from the Shanghai International Reinsurance Trading Centre, the international reinsurance trading platform in the Lingang pilot free trade zone.
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- January 14 2025
Newline Asia appoints Andy Ang as senior underwriter for financial lines, liability
Kuala Lumpur-based Ang will report to Simon Moi, the carrier's chief underwriting officer for Asia.
