
Asia Pacific
International re/insurers are looking to Asia Pacific markets for growth opportunities

WTW looks to tap into India's investment billions
The global broker is building its in-country expertise amid significant expected growth in the country’s insurance sector

Gallagher Re appoints Purnama to lead Indonesia
Purnama joins from Guy Carpenter where she was managing director covering Vietnam and the Philippines

Hiscox agrees to sell DirectAsia motor operations
Sale of motor business in Singapore and Thailand part of strategy to focus on core markets

Legal Focus: Slip and trip case catches insurer out
A recent case demonstrates the importance to insurers of clearly informing insureds of exclusion clauses in prescribed policies and the possible implications of not doing so

Perils lowers Typhoon Nanmadol loss estimate
Loss aggregator pegs insured losses at ¥125.9bn for typhoon that hit Japan in September last year

Miller establishes Apac treaty reinsurance team
Broker hires Lockton Re executive Richard Broad to support reinsurance expansion across the region

Marine insurers highlight China’s use of containers for car exports: Iumi
Car shipments from China are the country’s fastest-growing trade, with a 23% climb in volume shipped this year

Markel hires Axa XL's Morison as it plans Australia expansion
Specialty insurer is set to open three new offices in the country as it targets the growing tech sector there

Howden acquires New Zealand broker
Apex acquisition ‘greatly accelerates’ international broker’s strategy in the Pacific region

Public-private partnership launched to develop agriculture insurance in Uzbekistan
Sovereign risk transfer project launched by the Insurance Development Forum, the United Nations Development Programme and the German government to benefit nearly 17,000 smallholder farmers over two years

British Marine strengthens Singapore underwriting team
QBE-owned marine insurer hires Tjornelund to lead P&I underwriting for Asia and Baggett as senior underwriter

Saola hits Hong Kong as major typhoon
Members of the public have been told to prepare for ‘destructive winds’

Moody’s RMS models a repeat of the Great Kantō earthquake of 1923
A key difference is driven by shake damage with fire contributing only 7% of the losses

Starr appoints Chen chief executive in Singapore
Global insurer promotes regional manager Sean Chen

Howden promotes Ljubisavljevic to senior marine role
Broker names Bozidar Ljubisavljevic executive director for marine in Singapore

Sompo names Sarjeant head of Apac energy insurance
Vicky Sarjeant joins from Canopius Asia where she was energy underwriter for the region
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