Lines

Charles Taylor strengthens Asia presence with 11 strategic appointments

November 7 2023

Charles Taylor's Asia team surpasses 300 specialists with Matthew Cao appointed as MD of Southeast Asia alongside 10 other hires in Singapore, Hong Kong, and Malaysia.

WTW launches APAC Climate Risk Centre in Singapore

November 7 2023

The ACRC aims to support region's transition to a 'resilient, low-carbon economy'.

Financial and professional lines temper Pacific composite insurance pricing

November 7 2023

Marsh's Global Insurance Market Index shows that D&O in the Pacific fell by over 15% for some insureds, as capacity and competition increased.

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William Seccombe joins Miller from Lockton to helm Financial Lines for Asia

November 6 2023

Industry veteran Seccombe joins Miller to spearhead the (re)insurance broker's Financial Lines business in Asia.

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Insurance industry urged to take 'seat at the table' of global climate discussions

November 6 2023

At the 2023 Global Insurance Forum, senior executives said the industry can do more for sustainability, with the chair of Zurich commenting, “We can contribute to a lot of solutions.”

Australia: Coastsure consolidates Gold Coast presence with acquisition of Ausure

November 6 2023

Coastsure, one of the largest local insurance brokers on the Gold Coast, strengthens its portfolio through the acquisition of Ausure Gold Coast."

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Korea's Shinhan EZ General Insurance enters Indonesia through partnership with PasarPolis

November 6 2023

Shinhan EZ General Insurance will enter Indonesia through a partnership with PasarPolis's Tap Insure, with an initial focus of servicing Korean firms that operate within Indonesia.

Peak Re: Indian middle class willing to pay the most for cyber cover

November 6 2023

India's burgeoning middle class emerges as most willing to pay for cyber across emerging Asian markets, with mental health also a rising concern.

MSIG Singapore upgrades motor plan in response to rising EV ownership

November 6 2023

Amid rising adoption of electric vehciles, MSIG Singapore has improved its motor benefits for EV owners at no extra cost.

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AM Best confirms 'Excellent' ratings of Marubeni Corporation captive, Marble Re

November 3 2023

Marble Reinsurance Corporation's credit ratings are again affirmed, supported by a strong balance sheet, strict underwriting discipline and a five-year average combined ratio of 59%

UNCDF announces expansion of Fiji parametric cover

November 3 2023

Supported by funding from India, the multi-agency project seeks to double the parametric coverage of the initiative first launched in 2021.

South Korea's KB Insurance has ratings affirmed by AM Best

November 3 2023

AM Best credits KB Insurance Co.'s improved underwriting profitability and robust operational performance as key factors behind reaffirming its A (Excellent) Financial Strength and "a" Long-Term Issuer...

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