Subject: Strategy Page 3 / 28
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- December 10 2024
Asian carriers must expand on renewables as climate losses exceed fossil fuels GWP
Insurers should use their influence on the traditional energy sector that only contributes 2% of the total premium to protect the remaining 98% of their business, say climate activists.
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- December 9 2024
Exclusive: APAC head Simon Weaver to leave WTW
Singapore-based Weaver has been in charge of the broker's corporate risk and broking business for Asia Pacific since January last year.
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- December 5 2024
RAC Insurance engages Barrenjoey for strategic review: report
The review aims to identify growth opportunities and enhance competitiveness in a changing market. This includes potential expansions into areas such as driverless cars and smart home technologies.
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- December 4 2024
QBE Asia elevates Klaas Dijkstra to chief operating officer, Asia
Hong Kong-based Dijkstra will lead strategy development, business transformation, and data & analytics initiatives across Asia.
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- December 4 2024
WTW to re-enter treaty reinsurance broking with Bain Capital JV
The broker will hold a significant minority interest, and over time, it may obtain control and acquire complete ownership.
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- December 3 2024
Philippines’ KRM Reinsurance Brokers announces new CEO and leadership team
The broker has appointed Isagani Acosta, Jr, as president and CEO, Jared Uichico as CCO and Hanneli Oasan as CFO.
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- December 3 2024
Exclusive: Charlotte Lau leaves Sedgwick following Asia CEO switch
Last Friday, the loss adjuster announced that Stephen Kerr will take over the role of Asia CEO from Veronica Grigg.
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- December 2 2024
Allianz Australia acquires RAA’s general business for US$415m
Allianz will underwrite the carrier's general insurance policies excluding travel and manage product, pricing and claims while RAA will handle marketing and distribution and continue offering products and services under its brand.
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- December 2 2024
Thomas Miller expands energy MGA Navata to Singapore
The new operation will be led by senior underwriter Mark Nunn and focus on a diverse range of renewable energy, power, upstream oil and gas and offshore marine hull and equipment risks across the Asia Pacific region.
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- November 29 2024
UK P&I Club promotes Richard Offord to Singapore branch chief executive
Offord will replace Yiah Soon Ng, who will retire after leading the Singapore office for more than 27 years.
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- November 26 2024
CoverGo takes FWD’s Louis Lee as APAC managing director
Hong Kong-based Lee was most recently group chief officer, digital commerce, for FWD Insurance based in Singapore.
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- November 26 2024
Sony Financial Group acquires Japanese digital insurer justInCase
The acquisition is aligned with the group's strategy to look at the small-amount, short-term insurance businesses as a way to expand its customer base.
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- November 26 2024
Aon to acquire Mitsubishi Chemical Group’s in-house insurance agency in Japan
The in-house team will transition to the broker's brand and operating model under the leadership of country head Tatsuya Yamamoto after the close of the transaction.
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- November 26 2024
Nexus seeks profit above volume as it eyes growth in A&H reinsurance in Asia
Underlying demand for the product remains a driving force propelling the market across the region, says managing director Peter Slot.
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- November 25 2024
Allianz Trade targets to capitalise on Asia’s shifting supply chains
The carrier is eyeing South-East Asia expansion and adapting to China's evolving trade landscape amid post-pandemic challenges, says APAC head Paul Flanagan.
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- November 21 2024
Aon promotes Singapore-based Magnus Roe to global chief data and analytics officer
Roe, who was global head of strategy, risk capital analytics for the broker, will integrate AI, data governance and analytics into the broker's data and analytics strategy, reporting to Aon COO Mindy Simon.
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- November 19 2024
India’s WestBridge Capital joins forces with former Tata AIG CEO to launch general insurer: reports
The private equity firm will hold a majority stake with Neelesh Garg taking a 10% ownership in the new joint venture that will be launched mid-2025 and will offer health, motor, fire, and property covers.
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- November 19 2024
Lloyd’s Asia set to see new entrants in 2025 as it races to US$1bn GWP mark
The platform is keen to attract local capital and create more opportunities for syndicates to collaborate across the APMEA region, says regional CEO Emma Loynes.
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- November 18 2024
ICICI Lombard’s Alok Agarwal to take charge as Zurich Kotak managing director & CEO
Mumbai-based Agarwal will replace Suresh Agarwal who will be transitioning to a new role within Zurich Insurance Group.
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- November 18 2024
Exclusive: Hannover Re appoints Avijit Ghosh as India CEO amid leadership reshuffle
Ghosh, who was CUO, will replace GLN Sarma, meanwhile, special project manager for the reinsurer's India branch Christian Schoen will relocate to China, IAN understands.
