Business type

sompo-holdings-chairman-and-group-ceo-set-to-resign-over-bigmotor-insurance-scandal

Sompo Holdings Chairman and Group CEO to resign over Bigmotor insurance fraud scandal - reports

January 23 2024

Kengo Sakurada to resign in wake of subsidiary Sompo Japan's involvement in Bigmotor insurance fraud case.

fitch-ratings-affirms-thai-res-ifs-ratings-amid-post-covid-cor-recovery

Fitch maintains Thai Re's ratings, as COR recovery continues post-Covid

January 23 2024

Stable outlook and 'A-' rating maintained, with combined ratio expected to remain below 100% in 2024.

lloyds-coverholder-kita-expands-to-singapore

Lloyd’s coverholder Kita expanding to Singapore

January 23 2024

The carbon insurance specialist and Lloyd's coverholder announces expansion into Singapore and Switzerland.

NorthStandard to open South Korea office in 2024

January 23 2024

The marine insurer will open a Seoul branch in spring, with Claims Director Shang Doe Shim set to move from Singapore to lead the office.

Asia’s PV rates more in sync with global trends than ever before

January 23 2024

More coordinated underwriting means major global incidents are reflected in Asian pricing much faster than previously.

queensland-braces-for-tropical-cyclone-kirrily

Tropical Cyclone Kirrily set to form as Queensland braces for third nat cat in a month

January 22 2024

Queensland coast on alert, with state still reeling from Cyclone Jasper and severe festive season storms.

Lockton expands into India, appoints Sandeep Dadia as CEO

January 22 2024

Dadia sets sights on building Lockton's presence into 'one of the leading international brokers in India.'

Jess Au appointed Head of General Property, Asia at BHSI

January 22 2024

Au steps into role Ophelia Szeto vacates after nearly a decade with BHSI.

EV market expansion spurs opportunities for insurer-manufacturer collaboration

January 22 2024

Strategic partnerships that combine vehicle data with expertise in claims handling and risk assessment can lead to improved insurance products.

Sompo Japan to name Koji Ishikawa as President - report

January 22 2024

Ishikawa poised to succeed Giichi Shirakawa, who resigned in September amid questions over Sompo's handling of business partner Bigmotor Co.

fitch-affirms-mpm-insurances-ratings-with-stable-outlook-despite-decrease-in-gwp

Fitch affirms ratings of MPM Insurance despite GWP decline

January 19 2024

Strategic shift away from multipurpose credit insurance sees lower GWP, but Indonesian insurer's COR remains healthy.

India home to a quarter of world’s crop insurance protection gap

January 19 2024

India is fastest growing G20 insurance market, but the country accounts for US$31.1bn of the global US$113bn crop protection gap, according to Swiss Re data.

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