Adias Gerbaud named as AXA XL’s Chief Underwriting Officer for APAC & Europe
Gerbaud is set to lead AXA XL’s underwriting strategy in APAC & Europe, succeeding Etienne Champion who has transitioned to a new role at AXA Group.
Shanghai Insurance Exchange processes first inward reinsurance contract
AXA Hong Kong cedes cross-border motor insurance to AXA Tianping Property & Casualty.
Sumitomo Life increases equity stake in Singlife with US$133m investment
Sumitomo Life injects further SG$180m (US$133m) into Singlife, while in the midst of finalising US$900m acquisition of Aviva Group’s stake in the Singaporean insurer.
Marsh’s John Donnelly promoted from APAC to Global head of placement
Donnelly will relocate from Sydney to London to head the global placement team.
GIA: one-fifth of motor claims in Singapore are fradulent
With fraudulent activities constituting approximately 20% of motor claims in Singapore, the General Insurance Association has urged motorists to employ defensive measures against elaborate scams that are putting upward pressure on premiums.
Marsh: Asia pricing plateaus amid 24th consecutive quarterly global increase
The Global Insurance Market Index indicates that composite insurance pricing in Asia has remained unchanged, with a 2% rise in property insurance and 2% decrease in casualty.
Cyber insurer Coalition launches down under, with Allianz Australia providing capacity
US-headquartered Coalition expands into Australia, partnering with Allianz Australia to target businesses with annual turnover up to US$2bn.
Charles Taylor strengthens Asia presence with 11 strategic appointments
Charles Taylor’s Asia team surpasses 300 specialists with Matthew Cao appointed as MD of Southeast Asia alongside 10 other hires in Singapore, Hong Kong, and Malaysia.
WTW launches APAC Climate Risk Centre in Singapore
The ACRC aims to support region’s transition to a ‘resilient, low-carbon economy’.
Industry collaboration key to Asia growth, say senior executives
“You’ve got to cooperate to graduate,” says Robert Schimek, bolttech chief.
