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HK Insurance Authority appoints Clement Lau as Executive Director
January 23 2024
Lau appointed Executive Director for Policy and Legislation for three-year term commencing 23 Jan 2024.
Sompo Holdings Chairman and Group CEO to resign over Bigmotor insurance fraud scandal - reports
January 23 2024
Kengo Sakurada to resign in wake of subsidiary Sompo Japan's involvement in Bigmotor insurance fraud case.
Fitch maintains Thai Re's ratings, as COR recovery continues post-Covid
January 23 2024
Stable outlook and 'A-' rating maintained, with combined ratio expected to remain below 100% in 2024.
NorthStandard to open South Korea office in 2024
January 23 2024
The marine insurer will open a Seoul branch in spring, with Claims Director Shang Doe Shim set to move from Singapore to lead the office.
Tropical Cyclone Kirrily set to form as Queensland braces for third nat cat in a month
January 22 2024
Queensland coast on alert, with state still reeling from Cyclone Jasper and severe festive season storms.
Lockton expands into India, appoints Sandeep Dadia as CEO
January 22 2024
Dadia sets sights on building Lockton's presence into 'one of the leading international brokers in India.'
Jess Au appointed Head of General Property, Asia at BHSI
January 22 2024
Au steps into role Ophelia Szeto vacates after nearly a decade with BHSI.
Sompo Japan to name Koji Ishikawa as President - report
January 22 2024
Ishikawa poised to succeed Giichi Shirakawa, who resigned in September amid questions over Sompo's handling of business partner Bigmotor Co.
Fitch affirms ratings of MPM Insurance despite GWP decline
January 19 2024
Strategic shift away from multipurpose credit insurance sees lower GWP, but Indonesian insurer's COR remains healthy.
Hong Kong's Life segment forecast to return to pre-pandemic levels by 2027
January 18 2024
GlobalData forecasts 4.1% CAGR over the next five years, with the SAR experiencing an economic recovery post COVID-19.
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