Industry Segments: Insurers Page 34 / 38
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- June 9 2025
Putting Markel on the map: International president Andrew McMellin eyes US$500m APAC premiums written by 2030
Specialty insurer also targets US$5bn of premiums across its international markets, while trying to get a 50/50 balance between London and non-London books of businesses.
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- June 9 2025
Manulife unit to re-domicile to Hong Kong from Bermuda in November
Second insurer after Axa to shift its base under Hong Kong's new company re-domiciliation regime.
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- June 9 2025
New Zealand’s Natural Hazards Commission secures US$6.3bn in reinsurance cover
The cover, renewed on June 1, includes NZ$225 million from a multi-year catastrophe bond issued in 2023.
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- June 5 2025
RGA concludes block reinsurance policies for Tokio Marine’s life arm
Reinsurance of whole life policies with Anshin Life follows a US$700m reinsurance block transaction completed in 2024.
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- June 5 2025
QBE appoints Sebastian Tjornelund as interim head of marine for Asia
Tjornelund succeeds Rama Chandran, who is leaving to head specialty MGA Rokstone's new office in Singapore.
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- June 5 2025
Swiss Re CorSo appoints Aimee Curtain as head of property & specialty for ANZ
Curtain takes over from outgoing head Luke Griggs as the commercial insurers continues its regional leadership shakeup.
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- June 4 2025
Chubb veteran Bilal Chohan joins Everest Insurance to ‘kick off’ risk engineering practice
Sydney-based Chohan will focus on property, energy, and construction portfolios covering local and international markets.
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- June 4 2025
South Korean non-life insurers face capital pressure as liabilities rise: AM Best
Long-term insurance premium growth may face headwinds from macroeconomic uncertainties, while intensified competition could undermine sustainable growth as the market becomes saturated.
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- June 3 2025
India’s non-life premiums could rise to US$38bn in FY26: ICRA
Report also notes private insurers could expand market share to 70% by FY27, up from 68% in FY25.
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- June 3 2025
India’s 3 state-owned insurers need close to US$2bn to remain solvent: ICRA
Combined solvency ratios remained weak at negative 0.85 times as of December, compared to the regulatory minimum of 1.50.
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- June 2 2025
AIG appoints Celina Ennis as ANZ head of operations
Ennis joins from Allianz, where she was national manager for quality assurance since July 2021.
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- June 2 2025
Grab ‘in early stages’ of entering Singapore’s motor insurance market: report
GrabInsure has been hiring staff in recent months, having obtained a general insurance licence from the Monetary Authority of Singapore in December.
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- June 2 2025
Bolttech Insurance Hong Kong ratings affirmed despite fluctuating financial performance: Fitch
The general insurer's net income declined to US$255,000 in 2024 from about US$4m million a year earlier.
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- May 30 2025
Zurich names Suncorp’s Morris Garsin as head of claims excellence for ANZ
Sydney-based Garsin will assume the role in August.
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- May 29 2025
Exclusive: Swiss Re CorSo reshuffles APAC leadership as China CEO, Southeast Asia head depart
China CEO Jeffrey Pan will depart by the end of the year, while Singapore-based Didier Bélot will leave the company by the end of August.
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- May 28 2025
Tokio Marine sets up green unit amid push for decarbonised society
Tokio Marine GX will build on the existing work of GCube, Tokio Marine's renewable energy-focused MGA.
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- May 28 2025
Markel Australia launches FI solutions, begins with expanded finpro cover for investment managers
Team will be co-led by senior underwriters Lan Pham, based in Melbourne, and Daisy Galvin, who has transferred to Sydney from London.
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- May 27 2025
Geopolitical tensions could offset reduction in maritime losses from traditional causes: Allianz Commercial
Trade wars may open a new chapter for alternative routes if suppliers and exporters look to redirect goods to adapt to any new environment and tariffs.
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- May 27 2025
Sompo Asia Pacific appoints David Chau as senior vice president, head of project management office
Singapore-based Chau will be responsible for leading the new regional project management office and driving key strategic projects in the region.
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- May 27 2025
Beazley strengthens APAC team with double promotion
Singapore-based Kwang Hoon Song and Steven Hatton have been handed expanded marine and political, accident, and contingency risks roles by the specialty insurer.
