APAC
Aijiao Ruan becomes senior underwriter at AXA XL Insurance Asia
She will take on the underwriting of the Specie business.
Zurich Asia Pacific new business premiums up 43% in H1
Commercial premiums grew 11% whilst retail premiums were up by 17%.
Less than half of APAC’s natural disasters were insured in the first semester 2023: Munich Re
Calamities that occurred during the period reaped losses worth $7b.
Global M&A landslides in H1 2023, APAC falls 9%
Insurer M&A downfall will not stay long, the firm said.
Generali Asia life segment operations down 18% but drive group’s savings line
Group-wide, operating results jumped 28%.
QBE Asia revenue climbs 6.3% in H1 ‘23, group pencils $8b
Group-wide, this was a 12% increase year-on-year.
Manulife’s back in the black with C$1b net income in Q2
Core earnings per share is 6% higher at C$0.83, its latest financial results showed.
Will Field returns to Chubb
He will be the head of Casualty in Asia starting first quarter of 2024.
InsurTech funding down 34% in Q2: Gallagher Re
Seven APAC markets were included in the report, which received an estimated $359m in funding.
Sompo names new head of professional lines insurance for APAC
Poh has almost twenty years of industry experience in the Asia Pacific.
Israel-based insurtech to cuts 75% of Asia jobs
The company will be closing its offices in Tokyo, Hong Kong, and Seoul.
Chubb shuffles P&C leadership in Asia and A&NZ
Chris Gough and Hayden Baker will head P&C for Asia and Australia & New Zealand, respectively.
Here's how APAC insurers are performing midyear
Despite the challenges identified, credit trends are observed to be stable.
Darren Pigg lands APAC insurance lead role at Capco
He served as the Chief Transformation Officer at Sun Life Asia in Hong Kong.
Asia’s insurance pricing ‘flat’, cyber coverage demand rise in Q2
Globally, insurance pricing went up 3%.
Chubb reveals return of Ben Carey as head of field operations APAC
Prior to his role in Everest, Carey spent 19 years at Chubb.
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