Markel APAC head Sucheng Chang aims to nearly double the regional book within five years, with recent expansion setting the pace and new opportunities in view.
Risk-adjusted capitalisation is expected to remain at its strongest level, but the agency noted that volatile cover and a small net premium base have kept underwriting profitability subdued over the past...
The joint venture between vrs Adjusters and Uchiyama Loss Adjusting, announced in April, coordinates cross-border claims for Japanese insurers and corporates across Asia-Pacific.
With more than 30 years of experience serving Korean and Asian shipping clients, Kim will lead the club's efforts to expand its membership base in Korea.
The product provides protection against economic losses caused by navigation system disruption, including port-entry bans, vessel detention and delayed departures.
