Insurance
BMS Group names Tim Hewitt as Head of Japan
                                                                                 
                    
                    
  Hewitt will oversee inbound-outbound M&A activities in Japan.
                
                                
            BMS Group names Tim Hewitt as Head of Japan
                                                                                                                 
                            
                            
  Hewitt will oversee inbound-outbound M&A activities in Japan.
                        
                                                
                        
    
                    Korea P&I Club’s maritime relationships keep strong domestic presence – AM Best
                                                                                                 
                        
                        
  Underwriting performance is also seen to improve in the next few years.
                    
                                        
                    
                Australian insurers’ ‘cyclical’ profits often affected by uncontrollable entities – ICA
                                                                                                 
                        
                        
  Rise in inflation and reinsurance costs are driving up expenses for insurers into 2023.
                    
                                        
                    
                Marsh buys Honan Insurance
                                                                                                 
                        
                        
  The acquisition also covers the 80% majority stake of TA Associates.
                    
                                        
                    
                Pacific Life Re names Vasan Errakiah as Asia general manager
                                                                                                 
                        
                        
  He will join the insurer’s Asia Executive Committee.
                    
                                        
                    
                Allianz APAC shows solid H1 performance
                                                                                                 
                        
                        
  Its L/H and P&C segments saw annual increments.
                    
                                        
                    
                How to succeed in Singapore’s competitive insurance landscape
                                                                                                 
                        
                        
  CEO Raymond Ong shares the recipe for Etiqa Insurance Singapore’s growth and innovation.
                    
                                        
                    
                Chubb announces country president for Korea segment
                                                                                                 
                        
                        
  Janice (Jae-Kyung) Mo will be succeeding Edward Kopp.
                    
                                        
                    
                Nippon Life shows robust capitalisation, profitability faces pressure from forex: Moody’s
                                                                                                 
                        
                        
  Nippon Life's economic capitalisation improved to 244%.
                    
                                        
                    
                About six of 10 financial leaders expect revenue to jump 10% in three years
                                                                                                 
                        
                        
  64% of consumers trust established banks for insurance purchases.
                    
                                        
                    
                Hong Kong imposes six-month ban on Chan Ka Hey for fabrication
                                                                                                 
                        
                        
  To deceive the insurer and his employing bank, Hey fabricated a new DDA form with a cut-out of the client’s signature, without consent.
                    
                                        
                    
                Singaporeans want more detailed insurance plans, 90% willing to share more data: Capco
                                                                                                 
                        
                        
  Insurance policyholders want more personalised long-term savings products, life insurance, and health insurance.
                    
                                        
                    
                Hak Hong Soo takes seat as Generali Philippines’ President and CEO
                                                                                                 
                        
                        
  He was previously the regional head of health.
                    
                                        
                    
                Taiwan’s Insurance Bureau calls for China investment risk report
                                                                                                 
                        
                        
  The regulator urged life insurers to report back risks related to the growing instability of China’s financial market.
                    
                                        
                    
                Australian regulator nudges insurers to improve claims handling
                                                                                                 
                        
                        
  After concluding a review, five key shortcomings were identified.
                    
                                        
                    
                H1 profits of Samsung Fire & Marine climb nearly a third from last year’s
                                                                                                 
                        
                        
  It climbed 27.4% to KRW1.2t.
                    
                                        
                    
                Lloyd’s of London trump insurers in rate hikes, Taiwan concerns linger
                                                                                                 
                        
                        
  China’s possible military action could cause insurers to raise rates.