Markel has named Wanshi Lin as its new head of Singapore to oversee its underwriting operations in the Southeast Asian city state.
Mapfre Re has an ambition to grow its gross written premiums by 5-10 percent in 2025, with the Spanish reinsurer actively seeking to expand its book of business in Asia and the US and diversify into new markets such as life insurance.
Japanese insurer Tokio Marine Holdings has chosen Masahiro Koike as its new CEO to succeed Satoru Komiya following his appointment as chairman.
WTW has extended its CyCore primary cyber insurance facility, underwritten by QBE and Axa XL, to Singapore and Hong Kong.
India’s insurance market is projected to expand at a compound annual growth rate of 8.4 percent between 2025 and 2029, making it the fastest-growing insurance sector in the G20, according to a new report by Swiss Re Institute.
The number of large M&A deals increased by 36 percent in the second half of 2024 compared to the prior-year period, with WTW suggesting this resurgence has driven market momentum into 2025.
Ardonagh-owned Envest Group will to acquire a “significant” stake in Ando Insurance Group Limited (Ando), an independent underwriting agency in New Zealand.
Specialty (re)insurance broker Miller has continued its expansion across Asia with the launch of Miller Korea, led by David Kim as head of Korea.
Zurich's commercial insurance unit has appointed Debra Burford as head of financial lines, cyber and credit lines claims.
Specialty MGA ARTes Specialty has partnered with Australia-based broker Mobius Insurance to launch a combined material damage and associated liability product for the Australian commercial logging and forestry market.
The Hartford has expanded its presence in Asia with the launch of a new service company in Singapore through its Lloyd’s Syndicate 1221.
Australian insurer IAG has placed its catastrophe reinsurance program for the 2025 calendar year, which provides a main catastrophe cover for two events up to A$10bn ($6.28bn).
Markel has augmented its footprint in the Asia Pacific (APAC) region with the appointment of Jack Taylor to the newly-created role of executive, distribution strategies and business development.
A major earthquake struck the Tibet region of China on Tuesday morning, with Chinese state media confirming several fatalities.
Marsh has appointed Brent Clawson as global placement leader for Marsh Asia.