News

Insurance

Tokio Marine Kiln unveils flagship cyber product at SIRC 2019

There is plenty of opportunity in the Asia-Pacific region for Tokio Marine Kiln (TMK), the issue is accessing the right opportunities, in the right fashion.   30 October 2019

Insurance

Lloyd’s CEO John Neal tells SIRC 2019 ‘reinsurance industry has not reacted quickly enough to changing risk landscape’

Today, despite the fact the re/insurance industry’s customers face new and increasing threats to their businesses, insurance buying isn’t keeping pace, John Neal, CEO of Lloyd’s told delegates at the Singapore International Reinsurance Conference yesterday.   30 October 2019

Insurance

LV= appoints Jon Mansley as sales and marketing director

LV= General Insurance (LV= GI), a personal lines insurers in the UK, has appointed Jon Mansley to the newly created role of sales and marketing director.   30 October 2019

Insurance

Typhoons hit Japanese non-life market in 2018, Toa Re report finds

The Japanese non-life insurance market experienced a mixed year in 2018, according to a report from the underwriting and planning department of Toa Reinsurance.   29 October 2019

Insurance

MGA Nexus Asia expands business lines on offer and expects to be “largest MGA in the region” within two years, says CEO Egerton

Nexus Asia expects to be the largest managing general agency (MGA) in Asia by gross written premium, as well as commission income and earnings before interest, tax, depreciation and amortisation, in the next 12 months to two years.   29 October 2019

Insurance

Opportunities in Asia-Pacific for GIC Re

With India providing the bedrock for its operations in the region, GIC Re sees the wider Asia-Pacific region as the growth engine for the world economy and its own aims, Devesh Srivastava of GIC Re told SIRC Today.   29 October 2019

Insurance

Markel to focus on recruitment in Asia in response to 35% rise in premiums in 2019

Markel is expanding and as a result is recruiting underwriters in Hong Kong, Mumbai, Shanghai and Singapore, following a strong performance in Asia in 2019.   29 October 2019

Insurance

Beazley builds US commercial property capability

Specialist insurer Beazley has appointed Matthew Westhoff as head of US large commercial property based in New York.   29 October 2019

Insurance

Re/insurers await outcome as US legislators revisit TRIA

The re/insurance industry is watching developments in Capitol Hill this week, as US legislators revisit the Terrorism Risk Insurance Act (TRIA).   28 October 2019

Insurance

Reinsurers set for further earnings erosion in 2019 – AM Best

Reinsurers are likely to see further erosion in 2019, following another year of major catastrophe losses, according to ratings agency AM Best.   28 October 2019

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