Non-life

East Asian insurers and regulators urged to ramp up collaboration on sustainability

September 26 2024

Hard-hitting panel at EAIC urged greater unity across East Asian insurers to incorporate better sustainability practices.

days-of-developing-on-flood-plains-need-to-end-says-ica-in-response-to-new-robina-development-report

"Days of developing on flood plains need to end," says ICA in response to new Gold Coast development: Report

September 26 2024

New 2750 home Gold Coast project aims to build on elevated pads, but ICA says this will only complicate and delay construction, adding that "development in areas prone to extreme flood risk should not...

ardonaghs-takeover-of-psc-insurance-sets-platform-for-apac-expansion

Ardonagh’s AU$2.3bn acquisition of PSC receives overwhelming shareholder approval

September 26 2024

Ardonagh Group says it expects the merger to help it attain a stronger global position in retail specialty, and wholesale broking markets.

lockton-promotes-lim-to-singapore-ceo-as-boles-transitions-to-regional-head-of-profin

Lockton elevates Lim to Singapore CEO as Boles transitions to Regional role as Head of ProFin, Asia

September 26 2024

Current Singapore Chief Exec Fred Boles (right) to take up new role as Asia Head of ProFin from Oct 1, with CCO Devel Lim (left) succeeding him as Singapore CEO.

generali-gc-and-c-appoints-new-heads-for-financial-lines-underwriting-and-business-development-for-asia

Generali GC&C appoints new Heads of Financial Lines Underwriting and Business Development for Asia

September 26 2024

Winnie Chu joins from AIG as Head of Financial Lines Underwriting for the region; Joshua Lynch moves from Lloyd's as Head of Business Development, Asia.

Taiping Re mulls cat bond issuance

September 26 2024

Size of Asia’s catastrophe protection gap means that reinsurers in the region need to look at non-traditional capital sources.

China’s State Council issues position paper exploring use of cat bonds in disaster financing

September 26 2024

The position paper also includes directives to establish a development framework for the insurance sector by 2029.

insurers-need-to-embrace-tech-to-manage-volatility-with-industry-on-cusp-of-a-new-era-eaic-panellists

Insurers need to embrace tech to manage volatility, with industry on cusp of a new "golden age": EAIC panellists

September 25 2024

Growth is harder for many insurers in Asia and elsewhere, as the post-pandemic environment has become far more complicated, experts pointed out.

insurance-firms-scramble-for-new-recruiting-strategies-as-talent-pool-shrinks

Insurance firms look to new talent strategies to fill projected "big hole"

September 25 2024

Peak Re CEO Franz-Josef Hahn warns of looming gap, with Hahn and other experts emphasising the need to attract diverse talent, develop individuals, and redefine what a role in insurance means.

thomas-russell-tapped-to-lead-price-forbes-asias-singapore-anz-team

Thomas Russell joins Price Forbes in newly created Head of ANZ Wholesale role

September 25 2024

Russell hired to help strengthen specialty broker's Australia and New Zealand placement capabilities and provide ANZ clients with access to Asia capacity.

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