News Page 601 / 1143
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- July 15 2021
Marsh appoints WTW’s Indonesia head as South Asia client chief
Luke Ware will relocate from Jakarta to Singapore as he takes up the new role in Q4.
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- July 15 2021
FM Global makes two senior Asia promotions
Tan Hian Hong and Hamish Ravindran take on new underwriting and client service VP roles.
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- July 15 2021
Axa XL appoints Singapore country manager
Internal appointee Sylvie Gleises starts September 1 to replace the departing Kevin Leong.
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- July 15 2021
APAC marine, aviation, transit premiums to hit US$14.5bn by 2025
GlobalData report says several insurers have withdrawn from the market after "years of unsustainable losses".
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- July 14 2021
Zurich promotes Junior Cho to Malaysia country head
The industry veteran is CEO of the insurer's Malaysia GI arm and succeeds Stephen Clark.
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- July 14 2021
X-Press Pearl’s owners pay initial US$3.6m claim
Sri Lanka's government is looking for US$40m to compensate for environmental damage.
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- July 14 2021
Global Atlantic inks US$4.8bn Axa China/HK reinsurance deal
This is the US annuity and life (re)insurance player's first venture in the APAC region.
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- July 14 2021
Asia’s aviation risk rises as airlines hustle for business
Higher accident rates a concern as airlines add 500 new routes across the region.
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- July 13 2021
Asia power & energy insurance renewals stable in Q2: Marsh
The global broker says the renewable energy sector is still “running hot” in the APAC region.
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- July 13 2021
Sichuan floods to cause ‘surge’ in commercial property, motor claims
Crawford's Hong Kong manager tells IAN ongoing floods could lead to complete motor vehicle losses.
