News Page 52 / 992
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- September 12 2024
China State Council issues opinion on deepening insurance reforms, preventing risk
The high level document by China's cabinet calls for deeper reforms for motor insurance focusing on new energy vehicles, and innovations for liability insurance and climate risk insurance.
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- September 12 2024
Thai insurers brace for losses as Yagi remnants raise flood risk
Thailand’s meteorological department said more heavy rain is expected until September 18 with the risk of flash floods, as a northern monsoon trough is moving down and a southern one is gaining strength.
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- September 12 2024
Continental Insurance Lanka’s good underwriting performance to sustain: Fitch Ratings
Fitch has revised its outlook to "positive" from "stable", reflecting the company's underwriting performance, improving market franchise and satisfactory regulatory capital position.
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- September 12 2024
Captives pivotal to development of Belt & Road green energy projects: HKIA panel
The SAR seeks to be the preferred captive domicile to manage risks from overseas renewable energy projects, participants at a Belt & Road summit moderated by the city's Insurance Authority heard.
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- September 11 2024
Japan, Australia are top two APAC markets most sensitive to rise in nat cat claims: S&P
Insured annual catastrophe losses averaged US$6.6 billion in Japan, and US$2.5 billion in Australia over a ten-year period. China ranked third in Asia, at US$1.7 billion, according to the rating agency.
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- September 11 2024
Marsh Asia appoints Ben Usmar as vice president for construction practice
Usmar joined from Sedgwick in Hong Kong where he was an executive loss adjuster for over five years.
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- September 11 2024
Flood resilience: Water, water everywhere…
Floods are one of the most complex natural perils with highly localised impacts, making them challenging to insure and data is key to the effective design of an affordable product to protect the vulnerable.
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- September 11 2024
Axa XL names Phil Russell as environmental risk consulting leader for APAC, Europe
With two decades of experience in sustainability; health, safety and environment for a diverse range of multinationals, Russell joined from sustainability consultancy Environmental Resources Management.
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- September 11 2024
Tokio Marine Kiln expands APAC marine team with underwriter hire
Singapore-based Stephanie Hong joins the Lloyd's player as Asia Pacific marine underwriter from Great American Insurance.
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- September 10 2024
IFFCO Tokio General Insurance elevates Subrata Mondal to managing director, CEO
The former chief underwriting officer has been with the JV between Indian Farmers Fertiliser Cooperative and Tokio Marine Group for over 23 years.
