Latest Asia Headlines

All the headlines from our Asia Topic Page, ordered by recency.

People Moves: Markel Taps AEGIS London’s Pressman as Senior U/W, Marine Cargo; GC&C Names Chubb’s Selff as Head of Underwriting Asia

Nov 22 2024 // This edition of International People Moves details appointments at Markel and Generali Global Corporate & Commercial.A summary of these new hires follows. Markel Taps AEGIS London’s Pressman as Senior...

Howden Broadens Asia Footprint With Acquisition of Hong Kong Broker Storfield

Nov 12 2024 // Howden, the London-based insurance intermediary group, announced the acquisition of Storfield Insurance Consultants Ltd., a specialist in general insurance for small-to-medium sized enterprises (SMEs) and high-net-worth...

US Watching Dark Fleet Ship-to-Ship Oil Transfers in Asia Waters

Oct 22 2024 // The US is paying close attention to the “dark fleet” of tankers carrying restricted oil and doing ship-to-ship transfers in Southeast Asian waters, the State Department’s top energy official...

Tokio Marine Pauses Sale of $1B Southeast Asia Life Insurance Business, Sources Say

Oct 18 2024 // Japanese insurer Tokio Marine has paused the sale of its $1 billion Southeast Asia life insurance business, partly due to a dispute with a Malaysian partner over an expiring products distribution agreement, four sources...

Typhoon-Hit Southeast Asia to See a Rainy End to 2024

Oct 15 2024 // Southeast Asia could see higher-than-normal rainfall in the coming months, threatening further disruptions to agriculture, tourism, and industrial output in a region already hit by a series of storms this year.Weather...

People Moves: Lillelund Named CEO of AGCS; Ardonagh Names Allianz’s Mitchell for Growth in Asia; Carbon Taps Asta’s Gallagher as Head of Syndicate Mgmt.

Sep 16 2024 // This edition of International People Moves details appointments at Allianz Global Corporate & Specialty SE (AGCS), The Ardonagh Group, and Carbon Underwriting.A summary of these new hires follows here. Lillelund Named...

People Moves: BMS Re Names Mirabal Latin American and Caribbean CEO; Zurich Asia Pacific Hires Heads of Financial, Casualty Lines

Sep 9 2024 // Specialty reinsurer BMS Re announced the appointment of Anthony Mirabal as CEO of the Latin America and Caribbean (LAC) Division, effective November 2024.Mirabal has more than 30 years of experience in reinsurance, first...

South Africa Insurer Santam Plans Asia Expansion, Following Success of Parent Sanlam

Aug 30 2024 // South Africa-based general insurer Santam Ltd. plans to expand in Asia to diversify its premiums and counter tepid growth at home.The insurer, a subsidiary of financial services group Sanlam Ltd., generates 82% of its...

Everest Insurance Launches in Australia, Expanding Its Asia-Pacific Business

May 14 2024 // Everest launched its Australian Insurance operations after receiving approval from the Australian Prudential Regulation Authority.The business will operate under the name Everest Insurance Australia with offices in Sydney...

Red Sea Disruption to Shipping Could Cut Asia-Europe Capacity by 20%: Maersk

May 6 2024 // Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the industry’s capacity between Asia and Europe by up to 20% in the second quarter.Maersk and other shipping...

People Moves: HSB Canada Appoints Bellissimo as President and CEO; Canopius Taps Lee From AIG as CEO, Asia-Pacific & MENA

Apr 4 2024 // This edition of International People Moves details appointments at HSB Canada and Canopius Group.A summary of these new hires follows here. HSB Canada announced the appointment of Barbara Bellissimo as president and chief...

People Moves: Liberty Mutual Re Names Swiss Re’s Chisolm as Senior Underwriting Exec; Everest Insurance Int’l Appoints 2 Senior Leaders in Asia

Nov 27 2023 // This edition of International People Moves details appointments at Liberty Mutual Reinsurance and Everest Insurance International.A summary of these new hires follows here. Liberty Mutual Re Names Swiss Re’s Chisolm...

WTW Launches Asia Pacific Climate Risk Centre in Singapore

Nov 7 2023 // WTW announced the launch of an Asia Pacific Climate Risk Centre (ACRC) in Singapore, which aim to provide climate risk quantification and management capabilities to support the region’s climate resilience and...

People Moves: Allianz Commercial Taps AIG’s Sandric as Leader Asia Region; Banyan Risk Appoints Munro as CUO; Miller Strengthens Entertainment Team With Senior Hire

Jul 11 2023 // This edition of International People Moves details appointments at Allianz Commercial, Banyan Risk and Miller.A summary of these new hires follows here. Allianz Commercial Taps AIG’s Sandric as Leader Asia...

People Moves: BMS Re Names O’Brien as VP in Bermuda; Guy Carpenter Appoints Howden Tiger’s Warwick as Head of GC Access Asia Pacific

Jun 22 2023 // This edition of International People Moves details appointments at reinsurance brokers BMS Re and Guy Carpenter.A summary of these new hires follows here. BMS Re Names O’Brien as VP in BermudaBMS Re, the specialty...

Suspected State-Backed Hackers Hit Series of New Targets in Europe, SE Asia

May 31 2023 // A hacking group suspected of ties to an Asian government has broadened its targets to government agencies in countries including Indonesia and Thailand, carrying out cyber-espionage as recently as April, cybersecurity firm...

Tokio Marine Weighs Sale of Southeast Asia Life Unit Valued at $1 Billion

Apr 25 2023 // Tokio Marine Holdings Inc. is considering a sale of its life insurance business in Southeast Asia that could be valued at about $1 billion in a deal, according to people familiar with the matter, as the Japanese insurer...

People Moves: AIG Asia Pacific Appoints BHSI’s Colahan as Regional President; Gallagher Re Hires McMillan From Siemens as Renewable Energy Practice Leader

Apr 13 2023 // This edition of International People Moves details appointments at AIG Asia Pacific and Gallagher Re.A summary of these new hires follows here. AIG Appoints BHSI’s Colahan as Regional President, AIG Asia...

WTW Combines Asia and Australasia Into APAC Unit With Weaver as Head

Jan 13 2023 // Insurance broker WTW announced the combination of its Asia and Australasia operations into one Asia Pacific region, effective Jan. 1, 2023.As part of the combination, former Head of Australasia Simon Weaver has taken on...

People Moves: Canopius Names WTW’s Maitra as Group Head of Sustainability; Gallagher Re Hires Bangs and Swindell for Asia Pacific

Sep 29 2022 // This edition of International People Moves details appointments at Canopius and Gallagher Re.A summary of these new hires follows here. Canopius Names WTW’s Maitra as Group Head of SustainabilityCanopius Group, the...