Non-life

fitch-affirms-kb-insurance-indonesias-ratings-with-insurer-eyeing-motor-growth

Fitch Affirms KB Insurance Indonesia's ratings as insurer eyes motor growth

July 4 2024

'AA-(idn)' ratings upheld by Fitch, reflecting strong financial performance and strategic alignment with its South Korean parent company.

fitch-withdraws-ratings-of-malaysias-pacific-amp-orient

Fitch withdraws Pacific & Orient's rating with insurer opting out of rating process

July 3 2024

Insurer had seen combined ratio increase to 133% in FY2023.

howden-announces-entry-into-japan-with-launch-of-howden-re-investment-in-keystone-ils-capital

Howden enters Japan with launch of Howden Re, investment in Keystone ILS Capital

July 3 2024

Kentaro Tada has been appointed as country CEO and commented, "This is the first step on a journey to establish Howden’s long-term presence in Japan."

sedgwick-promotes-aruna-chandrapalan-to-forensic-accounting-services-partner-in-asia

Sedgwick promotes Aruna Chandrapalan to Partner for Forensic Accounting Services, Asia

July 3 2024

Chandrapalan first joined Sedgwick in the UK in 2017 before her move to Asia in 2023.

Newline Asia appoints Simon Moi as Chief Underwriting Officer

July 3 2024

Moi joins Newline after 14 years with Markel.

Underwriters need to adapt to new technology and customer experiences, say industry experts

July 3 2024

At the Digital Insurance APAC conference, practitioners stress the need to adopt AI and data models while addressing potential risks.

beazleys-head-of-apac-lucien-mounier-promoted-to-head-of-europe-cyber-risks

Beazley's Head of APAC, Lucien Mounier, promoted to Head of Europe for Cyber Risks

July 3 2024

Mounier promoted with immediate affect after six years leading APAC at the specialty insurer.

coalition-ceo-most-of-the-pandc-industry-focused-on-byproducts-of-last-industrial-revolution

Coalition CEO: Most of the P&C industry focused on byproducts of last industrial revolution

July 3 2024

Josh Motta argues traditional methods fail to address modern risks and said the future of cyber is "active" insurance.

Lockton launches global space practice

July 3 2024

Lockton launches global space practice, also covering Asia Pacific, which offers traditional and 'new space' programme insurance.

japan-sees-two-of-four-global-nat-cat-events-over-us1bn-in-h1-2024-cresta

Japan hit with two billion-dollar cat events in first half of 2024: CRESTA

July 2 2024

Japan accounts for two of four events that exceeded US$1bn in insurance losses in CRESTA's international (non-US) loss data.

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