Business type

Ivory Insurance appoints David Hosking as CEO

December 2 2024

Hosking previously served as CEO of PSC Insurance Group and joins Ivory, which received its GI underwriting licence in December 2023.

chinese-pampc-insurers-push-into-the-low-altitude-economy

Chinese P&C insurers push into the low altitude economy

December 2 2024

Swiss Re says there are 45 Chinese low altitude aviation products on the market which could see premiums of CNY 8-10bn (US$1.1bn-$1.38bn) a year by 2035.

regulatory-approval-uncertain-for-iags-acquisition-of-racq-say-analysts

Regulatory approval a hurdle for IAG's acquisition of RACQ insurance business, say analysts

December 2 2024

Analysts say deal will face close scrutiny from the ACCC due to potential concerns around market concentration in Queensland's insurance segment.

Lena Liu takes on VP and APAC Hub Leader role for Sompo

November 29 2024

Liu joins from Zurich Insurance where she most recently worked as Head of Middle-Market and Insurance Programs.

Max Life, SBI Life refute speculative reports on bancassurance limits

November 29 2024

Both insurers deny any directives or communication with the IRDAI about regulator's plans to impose caps on bancassurance business.

sumitomo-lifes-capitalisation-to-remain-solid-despite-rising-investment-risks-s-and-p

Sumitomo Life’s capitalisation to remain solid despite rising investment risks: S&P

November 29 2024

S&P affirms A+ ratings, taking into account 2024 acquisition of Singapore Life and changes in asset allocation.

india-opens-consultation-on-feasibility-of-establishing-domestic-pampi-club

India opens consultation on feasibility of domestic P&I club

November 29 2024

The Directorate General of Shipping initiates a tender for India Club project, which aims to reduce dependence on foreign maritime insurers

richard-offord-appointed-as-chief-executive-of-uk-pampi-clubs-singapore-branch

Richard Offord named Chief Executive of UK P&I Club's Singapore branch

November 29 2024

Offord transitions from London to lead the Singapore branch with Yiah Soon Ng (YS) retiring after 27 years.

bnm-orders-review-of-insurance-premium-hikes-from-insurers-takaful-operators

BNM orders insurers, takaful operators to review premium hikes

November 29 2024

Move comes after reports of sharp increases in health insurance premiums of between 40% to 70% in Malaysia.

Sedgwick appoints Stephen Kerr as CEO for Asia

November 29 2024

Kerr first joined the global loss adjuster in 1995.

Rising interest in APAC cyber from London insurers puts pressure on rates

November 29 2024

While several insurers have on-the-ground teams, APAC cyber is increasingly being written from elsewhere.

miller-taps-guy-pierpoint-for-marine-team-leadership-role

Guy Pierpoint joins Miller to spearhead global marine market expansion

November 29 2024

Pierpoint joins after three years at British Marine.

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