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chris-mcdermott-to-lead-marsh-specialty-in-the-pacific

Chris McDermott takes on new role as Head of Marsh Specialty for the Pacific

August 2 2024

McDermott has been with the broker for nearly a decade.

Dai-ichi Frontier Life signs flow reinsurance deal with Talcott Life Re

August 1 2024

Talcott is looking to expand its international business and it recently appointed a former Co-CEO of RGA Japan to ‘cultivate’ relationships with Asia Pac insurers

Ayman Kandil appointed President and CEO of AXA Philippines

August 1 2024

Kandil brings over 25 years of insurance industry experience to his new role, which he will commence in October.

japan-pandi-club-receives-outlook-upgrade-from-sampp-global

Japan P&I Club receives Outlook upgrade from S&P Global

August 1 2024

Japan P&I exceeded expectations last financial year and S&P expects insurer to continue to strengthen its capital adequacy.

jim-heng-joins-lockton-as-head-of-partnership-amp-distribution-for-people-solutions-asia

Jim Heng joins Lockton as Head of Partnership & Distribution for People Solutions, Asia

August 1 2024

Heng joins the global independent broker from Bupa Hong Kong.

AM Best maintains stable outlook for Vietnam’s non-life insurance sector

August 1 2024

Growing premiums, government spending, foreign investment, and regulatory refinements among factors that support rating.

Lockton appoints Sung Wook Han as Head of Marine for Asia

August 1 2024

Han joins Lockton after 15 years with WTW and has relocated from London to Singapore for the new role.

Insurers have settled 96% of Auckland Anniversary and Cyclone Gabrielle claims: ICNZ

August 1 2024

Approximately 96% of total claims and 85% of claims value have been paid out from New Zealand's 2023 twin catastrophes.

few-reinsurers-willing-to-underwrite-asia-pac-cyber-risk

Reinsurers' reluctance to underwrite Asia Pac cyber risk is limiting market growth

August 1 2024

Few global reinsurers ‘willing’ to underwrite Asia Pac cyber risk, says Greg Carter of AM Best.

China Life overtakes Ping An as largest Asia-Pacific insurer by market cap

August 1 2024

Japanese insurers saw significant market cap growth despite regulatory scrutiny and scandals over the last 12 months.

h1-2024-nat-cat-losses-exceed-five-ten-and-thirty-year-averages-munich-re

US$67bn in H1 nat cat losses significantly higher than ten-year average: Munich Re

July 31 2024

Japan's Noto Peninsula earthquake was costliest nat cat globally, while a landslide in PNG resulted in the largest loss of life.

Hong Kong Insurance Authority to introduce fees for intermediary licence applications

July 31 2024

Application fees set to begin following the end of an initial five-year waiver period.

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