News Page 516 / 1176
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- September 15 2022
Deutsche Rück expands into Asia
Tarik Aouad will head the joint department for the Middle East and Asia for the German reinsurer.
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- September 15 2022
Fosun sells 22% stake in YongAn Property Insurance
State-owned Shaanxi Financial Asset Management acquired the conglomerate's interest in the Chinese carrier.
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- September 14 2022
Lloyd’s crypto coverholder Evertas enters Hong Kong and Australia
The Chicago-based company uses capacity from Arch Insurance to offer cover against theft or loss of blockchain assets.
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- September 14 2022
FWD refiles for Hong Kong IPO
Stock exchange filing revealed that H1 new business reached US$405m, up 25% year-on-year.
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- September 14 2022
Rising cat claims force APAC governments to partner reinsurers: S&P
Government-backed cat pools and widening agri cover are seen as ways to maintain affordability.
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- September 13 2022
Eastern Australian floods insured losses reach US$4.33bn: Perils
The figure is around US$960m higher than the data specialist's last analysis, making it the costliest cat loss event in the country ever.
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- September 13 2022
Munich Re’s former Singapore CEO joins Samsung Fire & Marine
James Park will be the head of international business for commercial lines.
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- September 13 2022
Aon snags Marsh M&A specialist as Asia head of transaction solutions
Xianwei Lee started the role in Singapore this month.
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- September 13 2022
Allianz Trade promotes two execs to APAC roles
Malgorzata Cybulska-Dusson joins as regional head of claims & collection and Amol Zambre as regional head of information & grading.
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- September 13 2022
Domestic leadership, global presence drive TMNF’s growth: AM Best
Average five years combined ratio for non-life insurance was 95.6%.
