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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 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
Miller’s Japanese arm names Tokio Marine veteran Naoteru Akigami as CEO
Tokyo-based Akigami took over as head of Lead Insurance Services last month, succeeding Toru Suzuki, who now serves as executive chairman.
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- May 26 2025
Chubb’s ANZ head of global brokers to retire after 41-year career
John French, who also holds the additional role of colleague development ambassador for ANZ, has worked at Chubb in APAC for 28 years.
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- May 21 2025
MSIG Singapore names Jerry Pai as senior vice president, head of corporate distribution
Pai, who has over 20 years of senior leadership experience in financial services, joins from St. James' Place.
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- May 20 2025
Sompo posts record profits, bolstered by overseas business
Japanese group’s international business' underwriting income grew by almost six times to US$399m in FY24.
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- May 20 2025
Gallagher India appoints Venu Matoory as oil, gas and petrochemical risk specialist
Mumbai-based Matoory will be driving growth in the specialised segment of crude, chemical, and gas tankers, using his on-ground experience as an ex-mariner.
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- May 19 2025
Crypto specialist MGA Qubit formally launches in Australia
Underwriter will offer Lloyd's capacity to the digital asset space, according to CEO Helen Ye.
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- May 15 2025
Vietnam’s PVI partners South Korea’s EGI for engineering guarantee insurance foray
Cooperation aims to create favourable conditions for South Korean construction enterprises to participate in infrastructure projects in Vietnam.
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- May 14 2025
Aon taps Munich Re’s Forest Jun Wang as reinsurance L&H head for greater China
Beijing-based Wang brings a wealth of experience of driving the life reinsurance business within mainland China and the Greater Bay Area.
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- May 14 2025
Howden-owned MGA Dual promotes Stewart Eaton to ANZ head of liability
Eaton joined the MGA in late 2023 and has been head of liability for New Zealand before assuming the new role.
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- May 13 2025
Gallagher Re taps Swiss Re’s Satoshi Yamazaki as senior manager in Tokyo
Yamazaki has held senior treaty and facultative underwriting positions at Swiss Re and XL Catlin.
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- May 12 2025
Allianz Commercial appoints Roy Kang as property underwriter in Tokyo
Kang previously worked at Hyundai Marine & Fire Insurance for almost nine years, focusing on reinsurance underwriting.
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- May 12 2025
Axa XL Australia hires trio to expand property, construction, energy claims team
Tylie Petrovski, Rebecca Williams and Ilija Bogoevski have joined the insurer in Brisbane and Sydney.
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- May 12 2025
Korea P&I club gets rating outlook downgrade as 2024 COR climbs to 204%: AM Best
Rating agency has revised the outlook to negative from stable and affirmed the financial strength rating of B++ (Good) and the long-term ICR of bbb+ (Good) of the club.
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- May 12 2025
Lotte Insurance faces regulatory block on US$64.2m bond redemption amid capital concerns
Under the current supervisory regulations, early redemption is only allowed if the solvency ratio K-ICS remains above 150% after redemption but South Korea's financial regulator estimates the ratio would drop to 127.4% following the redemption.
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- May 9 2025
‘No barriers’ to ILS activity in Asia, says Peak Re’s Iain Reynolds
With the current soft market, investors are being offered 'quite a lot of deals', requiring issuers to fight for attention, the director of third-party capital at the Hong Kong-based reinsurance specialist tells InsuranceAsia News' Between The Lines podcast.
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- May 8 2025
GAIP appoints Min Hung Cheng as CEO
Singapore-based Cheng was most recently the interim CEO following the departure of John Maroney.
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- May 8 2025
Taiwan’s FSC revises digital insurer regulation to boost innovation, reduces capital requirement to US$16.5m
Key changes include allowing physical service locations and permitting foreign digital carriers to apply for a licence.
