Asia Pacific
International re/insurers are looking to Asia Pacific markets for growth opportunities
Agile receives approval for syndicate-in-a-box
Syndicate 2427 will access niche business the Lloyd’s market is ‘unable to write affordably’ at present
Australia to introduce 'regulatory initiatives grid'
Treasurer says programme will bring 'transparency' and 'certainty'
Australian government opens consultation on standardising policy language
Government is concerned consumers are buying too little coverage because of confusing policies
Taiwan regulator to allow insurers to issue bonds abroad
Authorities cite weak domestic demand and the need for new sources of capital
Indian regulator proposes new rules on reinsurance collateral
Regulator seeks to 'ring-fence the interests of Indian cedants' in transactions involving foreign reinsurers
Tysers' growth plan 'on track' as fiscal H1 revenues approach A$200m
AUB Group-owned Lloyd's broker books underlying earnings before interest and tax of A$39.2m in the six months to the end of December 2023
South Korean regulators set corporate governance deadline
Firms must develop new 'responsibilities maps' to show how internal risk management is organised and managed
Perils increases Cyclone Gabrielle estimate to NZ$2.1bn
Gabrielle and North Island floods mark the largest weather-related insurance losses in NZ history, loss aggregator says
QBE names Kosova CEO for Asia
Kosova expected to replace Hammond from April 1
Australia Christmas storms loss could reach A$1.39bn: Perils
The loss aggregator's initial estimate covers the property and motor hull lines of business
India proposes liberalising rules on share offerings
Insurance regulator drops veto on share offerings and eases minimum investment period rules
Swiss Re appoints Kahrom head of cyber in Asia
Reinsurer also hires Stubbs as senior cyber underwriter for the UK market
WTW launches 'world-first' parametric insurance for South Pacific coral reef
Fiji’s island communities will benefit from payouts of up to $450,000 for reef restoration and community assistance if cyclones hit
Perils increases New Zealand North Island flood estimate to $1.4bn
Loss aggregator issues final estimate for event that hit early last year
Price Forbes taps Miller for Asia-Pacific chief
Specialty broker appoints Phil Johnson to drive growth in Asia-Pacific region
Canopius names head of structured credit
Specialty re/insurer hires Volante Capital’s Deftereos in a series of appointments to expand global credit and political risk team
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