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- March 21 2023
Exclusive: Owen Belman set to leave Aon in June
The Singapore-based exec has been Asia CEO since January 2020 and has previously led the broker's Greater China and North Asia operations.
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- March 20 2023
Indian property cover rates to go up as carriers start claim-based pricing: report
The revision follows an IRDAI directive that rates published by the insurance information bureau need not be treated as a minimum rate.
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- March 20 2023
Industry losses from Nanmadol revised to US$1bn: Perils
The third estimate by the loss data specialist covers property losses sustained by Japanese non-life insurers from the typhoon last year.
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- March 20 2023
Korean Re 2022 COR flat at 100.4%, gross premiums grow 16%
The carrier's GWP climbed to US$7.4bn, but its net profit fell 1.5% to US$133.5m.
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- March 20 2023
Everest Insurance appoints Diane Chong as senior underwriter
Singapore-based Chong specialises in downstream energy, power and construction underwriting.
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- March 20 2023
UBS takeover of Credit Suisse to have ‘minimal’ impact on Hong Kong market: HKIA
As share prices fall, the regulator said that insurers in the SAR seldom place deposits with Credit Suisse, or hold bonds and derivatives issued by the bank.
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- March 20 2023
Zurich prioritises India as it charts out APAC expansion
The Swiss insurer's M&A strategy in Asia is less about "planting flags" and is focused on driving profitable growth, says regional M&A head.
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- March 20 2023
Carriers brace for property claims as bushfires spread across Australia
A heatwave has sparked dozens of fires that have impacted multiple properties across WA, SA and NSW with claims inevitable.
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- March 17 2023
Indian trade credit specialist Origin ties up with AU Group to expand offering
The partnership will help the Indian carrier offer coverage for political risk, non-payment, bankruptcy and insolvency.
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- March 17 2023
Zurich, Etiqa among insurers bidding for Selangor takaful scheme
Four insurers, including Takaful Ikhlas and Takaful Malaysia, have applied to manage the accident insurance scheme that will cover six million residents.
