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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

India Willis Towers Watson

Gallagher Re appoints Purnama to lead Indonesia

Purnama joins from Guy Carpenter where she was managing director covering Vietnam and the Philippines

Indonesia Reinsurance

Hiscox agrees to sell DirectAsia motor operations

Sale of motor business in Singapore and Thailand part of strategy to focus on core markets

Asia Pacific Casualty

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

Australia Casualty

Perils lowers Typhoon Nanmadol loss estimate

Loss aggregator pegs insured losses at ¥125.9bn for typhoon that hit Japan in September last year

Asia Pacific Japan

Miller establishes Apac treaty reinsurance team

Broker hires Lockton Re executive Richard Broad to support reinsurance expansion across the region

Asia Pacific Reinsurance

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

China Asia Pacific

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

Australia Specialty

Howden acquires New Zealand broker

Apex acquisition ‘greatly accelerates’ international broker’s strategy in the Pacific region

New Zealand Broker

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

Uzbekistan Climate change

British Marine strengthens Singapore underwriting team

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

Asia Pacific Singapore

Saola hits Hong Kong as major typhoon

Members of the public have been told to prepare for ‘destructive winds’

Hong Kong Hurricane Season

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

Japan Property

Starr appoints Chen chief executive in Singapore

Global insurer promotes regional manager Sean Chen

Asia Pacific Singapore

Howden promotes Ljubisavljevic to senior marine role

Broker names Bozidar Ljubisavljevic executive director for marine in Singapore

Asia Pacific Specialty

Sompo names Sarjeant head of Apac energy insurance

Vicky Sarjeant joins from Canopius Asia where she was energy underwriter for the region

Asia Pacific Singapore
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