Asia Pacific News

A.M. Best Appoints Ribeiro and Sutherland to Its Asia-Pacific Operations

A.M. Best announced the appointment of Jose Ribeiro as managing director – Asia-Pacific, and James Sutherland as commercial director – Asia-Pacific. As managing director, Asia-Pacific, Ribeiro will be responsible for raising the profile of A.M. Best’s brand in the region …

Ironshore International Opens Office in Shanghai; Part of Lloyd’s China Platform

Ironshore International announced its subsidiary, Pembroke Managing Agency, will establish an office in Shanghai in January 2016 as part of the Lloyd’s China platform. Pembroke Managing Agency will underwrite specialty lines of business, initially focusing on the agriculture, marine and …

QBE Insurance Opens Kuala Lumpur Office to Boost Malaysia Business Prospects

QBE Insurance Malaysia has opened a new office in the heart of Kuala Lumper city, expanding the company’s branch network in the country to a total of 15 locations, across eight states. QBE Insurance Malaysia, which is part of the …

ACE Appoints Future Leadership Team for P&C Business in Asia Pacific

ACE Group announced the future commercial property & casualty leadership team for the new Chubb Group in Asia Pacific. These appointments will take effect upon completion of the acquisition of Chubb, which is expected in the first quarter of 2016. …

Allied World Global Markets Appoints Cooke to Asia Marine Division

Allied World Assurance Company Holdings, AG announced that Tim Cooke has been appointed Vice President, Regional Head of Marine, based in Hong Kong. He will report to Bart Grefe, Senior Vice President, Head of Marine, Allied World Global Markets. Grefe …

AXIS Capital to Write Treaty Reinsurance Business via Lloyd’s China Platform

Bermuda-based AXIS Capital Holdings Ltd. announced that AXIS Syndicate 1686 has recently received approval from Lloyd’s for the establishment of an underwriting division at Lloyd’s Insurance Company (China) Ltd. The underwriting division will focus on treaty reinsurance business on the …

ACE Makes Future Leadership Appointments for APAC Region

ACE Ltd. announced key leaders it intends to appoint for the Asia Pacific region of the new Chubb Group’s Overseas General Insurance division, which includes Australia, China, Hong Kong, Indonesia, Korea, Macao, Malaysia, New Zealand, Philippines, Singapore, Taiwan, Thailand and …

Xchanging Wins 3-Year Services Deal Supporting Lloyd’s Asia Platform

Xchanging plc, the London-based business technology and services provider, has won a three-year contract to supply insurance services to the Lloyd’s service companies operating from the Lloyd’s Asia platform in Singapore, with effect from Jan. 1, 2016. The new cloud-based …

BHSI Launches D&O & Professional Indemnity Policies in Asia

Berkshire Hathaway Specialty Insurance Company (BHSI) introduced Executive First™ Directors & Officers (D&O) Liability and Professional First™ Professional Indemnity insurance policies in Asia. “With the launch of these two primary policies, we look forward to bringing BHSI’s exceptional local executive …

ACE Appoints Divakaran as Marine Risk Manager for Asia Pacific

ACE Group has appointed Captain Sivakumaran Divakaran as the new marine risk manager for Asia Pacific. Divakaran will be part of the Asia Pacific Marine team, which provides marine cargo insurance for a wide commodity range with customized risk management …