GI: Commercial

Singapore SMEs' risk concerns outstrip insurance coverage: QBE survey

March 6 2024

QBE Insurance survey highlights a disconnect between SMEs' risk worries and insurance protection.

Dubai-headquartered Kay International AMEA establishes regional hub in Singapore

March 6 2024

The reinsurance broker and MGA looks to expand facultative and treaty reinsurance offering in Southeast Asia.

Insurance brokers must improve reporting practices warns Australian compliance committee

March 6 2024

Insurance brokers face intensified scrutiny from the IBCCC for inaccuracies in reporting, with new guidance issued to improve compliance.

ASIC warns General Insurers to continue claims handling improvement

March 6 2024

Aussie regulator acknowledges steps taken by the industry, but notes that complaints are still increasing.

New US$1.3bn investment facility to support clean energy and infrastructure in Southeast Asia

March 6 2024

Australian Government announces AU$2bn SEAIFF, which will provide loans, insurance, guarantees, and equity for trade and investment in SEA.

fitch-revises-construction-guarantees-outlook-to-stable-affirms-a-rating

Korea's construction sector slowdown, TY E&C concerns impact Construction Guarantee's outlook

March 5 2024

Fitch affirms ratings but downgrades outlook to stable, citing potential for claims due to liquidity issues at Taeyoung Engineering & Construction.

malaysias-takaful-sector-shows-resilience-amid-economic-challenges-fitch

Malaysia's Takaful sector showing resilience amid economic challenges: Fitch

March 5 2024

Fitch predicts sustained expansion for Malaysia's takaful industry, despite economic headwinds and a dip in family contributions.

charles-taylor-enhances-aviation-services-in-asia-pacific-with-key-appointments

Charles Taylor expands APAC Aviation capability with two appointments, including return of Battoo as MD

March 5 2024

Bob Battoo (pictured left) returns to Charles Taylor as MD, APAC – Aviation; Dennis San Jose (pictured right) joins as Resident Technical Manager – Aviation.

as-ev-adoption-surges-apac-insurers-face-a-complex-drive-ahead

Nuanced underwriting and rapid adaption key to meeting surge in EV demand

March 5 2024

New risks, abundance of data, lack of service technicians, and telematics are pushing industry to adopt new underwriting approaches.

miller-appoints-frederique-champvillard-as-head-of-operations-for-asia

Miller appoints Frédérique Champvillard as Head of Operations for Asia

March 4 2024

Champvillard joins from Marsh, where she was MD and Head of Operations for its Asia Wholesale Placement Hub.

hong-kong-insurance-authority-enforces-prohibition-orders-on-three-agents-for-unfit-conduct

Hong Kong Insurance Authority enforces prohibition orders on three agents for misconduct

March 4 2024

IA imposes bans due to submission of false academic certificates and impersonation to access account information.

Aon appoints Rishi Mehra as Head of India

March 4 2024

Mehra's role will see him unify risk, health, wealth, and talent and oversee the integration of Aon's Global Insurance Brokers acquisition.

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