Country: Asia Pacific Page 8 / 531
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- June 17 2025
‘Quite orderly’ 1.7 ANZ renewals seeing double-digit rate cuts amid plentiful capacity
Reinsurers, though, have little appetite to reduce first loss retention levels, sources told InsuranceAsia News.
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- June 17 2025
Exclusive: Zurich names Koji Okumura as senior property underwriter in Japan
Okumura earlier worked at Munich Re as an underwriter for almost 10 years, travelling between Japan and Hong Kong.
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- June 16 2025
Exclusive: Marsh Japan hires WTW veteran Hirofumi ‘Luke’ Nakamura amid exodus, talent battle
Tokyo-based Nakamura joins Marsh as a senior vice president along with several other former WTW colleagues.
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- June 16 2025
Gard appoints André Kroneberg as Asia business unit head amid major global restructuring
P&I club will form five market-facing syndicates, with Bjørnar Andresen and Christen Guddal taking on global responsibilities.
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- June 16 2025
AEI Insurance Broking to acquire AB Phillips, creating US$227m combined GWP within AUB Group
Merger followes recent acquisitions of Austbrokers Canberra and BusInsure and the buildout of the AEI Melbourne operation.
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- June 16 2025
Taiwan’s non-life insurance premiums surge 10.5% in 2024, driven by motor: AM Best
Non-life insurer’s total DWP rose 10.9% to NT$271bn, while net claims fell 13.8% to NT$100.6bn.
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- June 16 2025
Everest’s Himanshu Garg promoted to head of new business initiatives
Garg will retain his role as head of India, according to Asia Pacific CEO Kevin Bogardus.
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- June 16 2025
Marsh Japan appoints Shohei Iida as vice president for private equity, M&A services
Tokyo-based Iida was previoulsy a financial lines underwriter at Allianz Commercial and AIG.
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- June 16 2025
Mark Bossio appointed key account manager at Crawford Australia
Melbourne-based Bossio, who joins from Ethos Building and Restoration, previously worked for Zurich and AAMI.
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- June 15 2025
Aviation premiums could go up by 10% in FY27 following Air India crash: reports
Death toll has risen to 270 after Air India flight 171 crashed into a residential building shortly after take-off from in Sardar Vallabhbhai Patel International Airport in Ahmedabad on Thursday.
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- June 13 2025
Singapore Re expands into India with GIFT City branch
The Fairfax Asia owned reinsurer becomes the fourth international company to set up a branch in the Indian financial special economic zone.
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- June 13 2025
AIG appoints Philip Kwan as head of personal lines for Hong Kong and Macau
Hong Kong-based Kwan, who was most recently head of sales at Allianz Partners, brings almost 30 years of insurance experience to his new role.
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- June 13 2025
Air India crash claims could top US$280m, ‘investigations will take time’
Boeing 787-8 Dreamliner crashed shortly after departing Sardar Vallabhbhai Patel International Airport in Ahmedabad on Thursday afternoon, killing 241 passengers and crew.
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- June 13 2025
HDI Global reshuffles APAC engineering team
Haris Michaels will relocate from Sydney to Singapore, with Stevan Bonic taking over as engineering underwriting manager for Australasia.
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- June 13 2025
Lockton bolsters Australia finpro team with senior hires
Craig Claughton joins the broker as national manage for financial institutions, while Dennis Moens will assume the role of client manager, both effective from early July.
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- June 13 2025
Japan P&I promotes Yuichi Tanaka to general manager for reinsurance, regulatory affairs
Club annnounces key personnel changes and reorganisation of its claims departments.
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- June 13 2025
Air India crash: Tata AIG leads program jointly placed by Gallagher and WTW
Boeing 787-8 Dreamliner crashed minutes after take-off from India’s Ahmedabad airport on Thursday afternoon with 242 people on board.
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- June 13 2025
Aon Thailand appoints Chalisa Maythangkul as director for natural resources
Bangkok-based Maythangkul has over 30 years' experience in the power insurance sector, having most recently been executive consultant at Howden Maxi and Howden Singapore.
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- June 12 2025
Ex-Tropical Cyclone Alfred insured losses down 12% from initial estimate: Perils
Darryl Pidcock, Perils' head of Asia Pacific and cyber, said the reduction was unusual compared to previous Australian events.
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- June 12 2025
QBE to underwrite MGA Blue Zebra’s Australian motor business
New capacity provider replaces Youi, which has decided to move away from broking channel.
