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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.
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.
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 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.
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