
Asia Pacific
International re/insurers are looking to Asia Pacific markets for growth opportunities

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

MS Amlin completes Singapore catastrophe bond renewal
Lloyd’s insurer says Phoenix 2 Re is the first catastrophe bond renewal in the Singapore market

Australia's December storm losses exceed $743m
Cyclone Jasper hit northern Queensland in mid-December, while further storms affected Australia over Christmas and New Year

BHSI appoints Au head of Asia property
US specialty insurer hires Swiss Re’s Au to succeed Ophelia Szeto

Lockton opens India office
Broker names Sandeep Dadia chief executive of new subsidiary
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