Asia Pacific market News

Marsh Promotes Leney to Risk Management Leader for Asia and Pacific Regions

Marsh, the insurance broker and risk adviser, announced the appointment of Scott Leney as risk management leader for both its Asia and Pacific regions. In his new role, Leney will oversee Marsh’s regional risk management teams as they build on …

Swiss Re Corporate Solutions Names Hunziker as APAC Head Property & Specialty

Swiss Re Corporate Solutions has appointed Robert Hunziker as Asia Pacific Head Property & Specialty, effective Sept. 1, 2020. In this role, Hunziker will be responsible for providing underwriting leadership, portfolio steering and growing the Property & Specialty product offering …

Canopius Appoints AXA XL’s Elliott as APAC Casualty Underwriter

Canopius announced the appointment of Craig Elliott as casualty underwriter for the region, effective May 4, 2020. He reports to Claudio Saita, head of Australia & Pacific, and is based in the company’s Sydney office, established last June as part …

Beazley Gets Approval to Launch Malaysia Company to Build Asia Pacific Distribution

Specialist insurer Beazley has extended its distribution capabilities in Asia Pacific following the authorization by the Labuan financial regulator of a new service company. The new company, Beazley Labuan Ltd., will support Beazley in building its presence in the Malaysian …

Liberty Mutual Re Opens Office in Singapore, Appoints Leong from Aspen Re

Liberty Mutual Re (LM Re), part of Liberty Mutual Insurance Group, announced it has opened an office in Singapore and appointed Annie Leong as regional underwriting manager for LM Re in Asia Pacific. “As LM Re continues to build out …

Guy Carpenter Promotes Saper as CEO of Pacific Region

Guy Carpenter & Co., the global reinsurance broker and subsidiary of Marsh & McLennan Cos., announced the appointment of Jeff Saper as CEO of the Pacific region, with immediate effect. In his new role, Saper will be responsible for overseeing …

AXIS Re Hires Hands from CNA Hardy as Head of Australia

AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd. announced the expansion of AXIS Re Strategic Partners with the hiring of Robert Hands as a strategic account executive and head of Australia. In this role, Hands will be …

Canopius Opens Office in Sydney, Australia

Canopius, the London-based global specialty re/insurer announced it is opening an office in Sydney, Australia, as part of its commitment to expand in the Asia-Pacific region. Subject to regulatory approval, the local entity will be open to underwrite business in …

Lockton Hires Corrigan from JLT as Asia Chief Operations Officer

Lockton has hired Philip Corrigan to the role of regional chief operations officer as it looks to expand its business and expertise across the Asia-Pacific (APAC) region. Corrigan will join a fast-growing team in the APAC offices of the world’s …

Asia-Pacific SMEs Are Over-Confident About Their Cyber Preparedness: Chubb

A significant perception gap exists between the cyber awareness and cyber preparedness at small and medium enterprises in some Asia-Pacific countries, according to a Chubb survey titled “Too Small to Fail?” The Chubb survey of 1,000 SMEs across Singapore, Hong …