Country: Asia Pacific Page 7 / 531
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- June 23 2025
Samsung Re takes Gallagher Re’s Sie Liang Lau as head of cyber and casualty
Singapore-based Lau will lead build out of the reinsurer's portfolios across APAC and MENA, while supporting Samsung Fire & Marine's global cyber insurance ambitions.
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- June 23 2025
Willis bolsters India finex team with head of claims appointment
Gurugram-based Arushi Arora joins the broker from law firm Khaitan Legal Associates, where she represented clients, insurers and brokers on complex liability claims.
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- June 23 2025
‘APAC players are very engaged in ILS’: Twelve Securis seeks to fill the gap as cat bonds peak interest
Swiss asset manager is considering opening an office in Singapore or Hong Kong amid potential for cat bonds in the region, particularly from Chinese issuers and many Asian players looking to expand beyond traditional players like Japan.
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- June 20 2025
Aggregated losses from typhoon Wutip could reach hundreds of millions of US dollars: Aon
Particularly significant economic and insured losses are expected due to widespread flooding in southern China.
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- June 20 2025
Marsh India names Jay Mehta as vice president for private equity, M&A
Mumbai-based Mehta joins from EY, where he was most recently senior manager for tax and regulatory services.
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- June 20 2025
AIG taps Liberty Specialty Markets’ Snowy Chan as marine lead in Hong Kong, Macau
Chan joins having spent almost 16 and a half years with Liberty.
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- June 20 2025
FWD Group could launch Hong Kong IPO as early as this month
Reuters report follows news that FWD Group has passed its listing hearing in Hong Kong, implying that it could commence its IPO process shortly.
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- June 19 2025
Zurich Kotak General Insurance brings in 2 new faces for commercial insurance team
Ranjit Bhargava joins as head of distribution and Sumit Gupta as executive vice president of distribution.
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- June 19 2025
Wild weather claims surpass all of 2024 in just 5 months amid increasing severity, frequency: NRMA
Australian insurer says it received more than 32,000 wild weather-related damage claims in the first five months of 2025.
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- June 19 2025
Markel International appoints Muhammad Saber as operations manager for APAC
Singapore-based Saber joins from Liberty Specialty Markets where he was most recently operations team lead.
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- June 19 2025
Axa XL ships in QBE duo to boost Australia marine team
Ross Lawrenson joins as a senior marine underwriter and Sameen Naveed as a senior marine claims specialist.
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- June 19 2025
Global MGA United Risk completes acquisition of Australia’s Pinnacle Underwriting
Regional CEO Hayden Smith says the deal for the specialty facultative reinsurance MGA 'puts United Risk squarely within the top five largest MGAs in the world'.
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- June 18 2025
ACCC launches public review of IAG-RACQ deal, focuses on personal lines
The competition watchdog is conducting market inquiries as part of its standard merger assessment process.
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- June 18 2025
Allianz Trade promotes Helene Payen to Asia Pacific CFO
Payen will relocate from Spain to Singapore, succeeding Benoit Semelin who will become CFO for Northern Europe.
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- June 18 2025
WTW promotes Catherine Tait to New Zealand construction manager
Tait joined WTW in August as technical director for finex in New Zealand, having previously worked for the likes of Marsh, Willis and Aon.
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- June 18 2025
New Zealand ‘cannot afford’ to continue down current path as climate risks grow: IAG
IAG's 2025 climate change poll showed New Zealanders expect insurers to reflect the growing risk in the premiums of people who are exposed to natural hazards.
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- June 18 2025
‘Surely, prices will go up’: Air India crash to push hull and liability rates, could impact product liability
Brokers and a lawyer tell InsuranceAsia News that last week's fatal crash in Ahmedabad will have a wide-ranging impact on the aviation industry, with total losses set to be as much as US$475m.
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- June 18 2025
South Korean insurers’ K-ICS ratio falls below 200% for the first time, standing at 197.9%
The ratio for non-life insurers decreased by 3.4 percentage points to 207.6% at the end of March compared to 3 months earlier, while that of life insurance companies fell 12.7 percentage points to 190.7%.
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- June 17 2025
Ex-Tropical Cyclone Alfred claims top 68,000, ARPC says, losses estimated at US$941m
Majority of claims received are for food spoilage and property damage due to severe winds, fallen trees, or water ingress in homes.
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- June 17 2025
Australia MGA Agile names Liz Geden as New Zealand head
Auckland-based Geden had joined from Delta Insurance in March.
