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- April 27 2023
Ping An P&C combined ratio rises to 98.7% in Q1
The Chinese insurer said that claim expenses of the guarantee insurance business increased due to 'changes in the market environment'.
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- April 27 2023
PVI confirms Vietnam helicopter crash payout
The total cost for the chopper and the compensation for the dead pilot is around US$2m, with compensation for the four dead passengers still being worked out.
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- April 26 2023
Sompo to focus on integrating domestic and oveseas businesses: report
The Japanese group does not see the need for further acquisitions, says COO Mikio Okumura.
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- April 26 2023
Everest Insurance strengthens Singapore casualty team with two Chubb hires
Fern Tan has joined the team as a senior casualty underwriter while Daniel Chong has started in the role of a third-party underwriter.
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- April 26 2023
Chubb’s P&C book sees 18.6% APAC Q1 growth
The insurer's global first-quarter operating profit grew 12% to a record US$1.84bn.
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- April 26 2023
Gallagher targets South Korea and Taiwan after Japan foray
Following the announcement of a corporate broking and fac operation with 15 people in Tokyo and senior regional hires, IAN understands the broker is close to launching in Korea.
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- April 26 2023
Philippines oil spill damages hit US$68m: NDRRMC
The sinking of MT Princess Empress in Oriental Mindoro has directly affected 24,000 fishermen and a total of 40,897 families, says the country's disaster management agency.
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- April 26 2023
Aon names Paul Grasso head of treaty, Australia and New Zealand
The broker's former head of property is part of the Reinsurance Solutions team and is based in Sydney.
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- April 25 2023
MSIG signs 15-year bancassurance deal with HSBC in Singapore
Under the exclusive general insurance distribution agreement, the bank will offer products to its commercial and retail customers.
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- April 25 2023
Catherine Wong joins Starr as CUO, APAC casualty
Wong left her role as AIG's head of casualty for Hong Kong and Macau in November 2022 after serving the company for 20 years.
