Country: Asean Page 29 / 136
-
- January 19 2024
Ryan Specialty expands its Asia M&A offering with a Singapore hire
Lawrence Gregory, who was most recently an associate in the M&A practice group Baker McKenzie Wong & Leow, will report to APAC head Marina Sherer.
-
- January 18 2024
Thailand’s insurance sector to grow to US$28.18bn by 2026: OIC
This would mean a 'significant jump' for the sector from the present US$25.3bn GWP as the industry is recovering from Covid-19 claims.
-
- January 17 2024
Brown & Brown expands in Asia with acquisition of Singaporean broker Acorn
The deal by the US group's European arm, Bridge Specialty, is its second in the region after it entered Hong Kong last year through the acquisition of Capstone Brokers.
-
- January 16 2024
Alex Tarantino to succeed retiring HDI Global Singapore CEO Graham Silton
The specialty insurer has also named Sydney-based Andrew Cochrane as underwriting manager, liability, for Australasia.
-
- January 15 2024
Thailand’s Roojai acquires Indonesian online broker Lifepal
Following the deal, the two companies will jointly expand their product offerings, and online and offline distribution.
-
- January 15 2024
Etiqa’s ratings affirmed, but underwriting margins may feel pricing reform pinch: AM Best
The Malaysian insurer, rated A- (excellent) with a stable outlook, has reported a five-year average combined ratio of 87%.
-
- January 12 2024
Income Insurance to list on private stock exchange: report
The composite insurer’s shares will be listed under Alta and PhillipCapital’s share liquidity programme.
-
- January 11 2024
Exclusive: Sedgwick takes Crawford’s Veronica Grigg as Asia CEO
The loss adjuster's interim CEO Stephen Kerr will transition into the role of chief operating officer for Asia, while Simon Kay has been appointed director of executive services.
-
- January 11 2024
Indonesia to raise minimum capital requirement for insurers to US$16m by 2026: report
For reinsurers, the minimum equity required will be US$32m in 2026, which will be increased to US$128m by end of 2028.
-
- January 11 2024
Marsh McLennan appoints Tri Bui as Vietnam CEO
The broking and consulting group has also promoted Marsh's country chairman Leslie Mouat as chief adviser.
-
- January 10 2024
Oona Insurance Indonesia appoints new CEO
Jakarta-based Vincent Soegianto was most recently the merchant business head at Indonesian Bank Jago where he was leading the finance solution for SMEs.
-
- January 5 2024
Howden expands APAC financial lines team with Lockton hire
Deborah Thomasz joins the broker's Singapore office as regional senior manager for financial lines.
-
- January 5 2024
WTW strengthens its corporate risk & broking business in Singapore with two senior promotions
Ernest Heng (pictured left) has been promoted to head of specialty while David Ng (pictured right) becomes head of client services.
-
- January 5 2024
Tune Protect Re appoints new CEO
Kuala Lumpur-based Janet Chin will report to the group chief executive Rohit Nambiar.
-
- January 4 2024
Allianz Singapore to accelerate premium growth despite domestic challenges: S&P Global
The rating agency has confirmed the carrier's 'A+' rating with a stable outlook.
-
- January 2 2024
Philippines pilots US$14.4bn nat cat cover for ‘strategic’ government assets
The programme covers 132,862 school buildings nationwide starting January 1 and the US$36m premium for the insurance was paid using the excess payout it received from the catastrophe bond.
-
- December 22 2023
Everest elevates Singapore-based Glen Browne to global head of A&H
Browne, who joined the insurer in June as head of international corporate strategy, will continue to report to co-head of international Adam Clifford.
-
- December 19 2023
Thai insurance regulator to give SMK 60 days to solve liquidity problems: report
The troubled non-life insurer is at risk of losing its licence, which could mean its liabilities, about US$860m now, will have to be covered by the OIC's US$40m General Insurance Fund.
-
- December 19 2023
Malaysia’s non-life insurers likely to see pricing pressure due to detariffication: AM Best
The market's total GWP grew 11.7% last year to US$5.3bn with 31% of the growth coming from the general takaful segment.
-
- December 19 2023
Industry monitors maritime risks amid escalating South China Sea tensions
APAC insurers remain cautiously optimistic that the dispute will not broaden to involve the wider maritime community transiting the waters.
