Asia Pacific News

QBE Relocates Wulff to Hong Kong, Anticipating Growth of Credit & Surety in Asia

QBE Emerging Markets – Asia Pacific announced that its group general manager of Credit & Surety, Richard Wulff, will be relocating to Hong Kong from Singapore, effective January 2016. Wulff is relocating to support the Asia Pacific teams and the …

Markel International Appoints Hu to Head China Business

Markel International, the specialist insurer, has appointed Hu Qianhai to head its business in the People’s Republic of China, based in Shanghai. Markel has had a presence in China since 2011, when it opened a representative office in Beijing and …

QBE Asia Pacific Appoints Allan as General Manager – Claims, Asia Pacific

QBE Asia Pacific announced the appointment of Martin Allan to the role of general manager – Claims, Asia Pacific, with effect from September 8, 2015. In this role, Allan is responsible for managing the claims function and driving business efficiencies …

QBE Appoints Lingafelter as Managing Director of Asia Pacific Region

QBE Insurance has appointed Mark Lingafelter as managing director of its Asia Pacific region with effect from September 1, 2015. Based in Singapore, Lingafelter will be accountable for the ongoing execution of the QBE Asia Pacific Profitable Growth Strategy and …

AIA New Business Value Advances 21% in First Half on China

AIA Group Ltd., the third-largest Asia-based insurer by market value, posted a 21 percent increase in new business value as China became its second-largest market for the first time by that measure. The gauge of projected profitability of new policies …

Guy Carpenter Predicts El Niño Event Will Bring Fewer Tropical Cyclone Landfalls

El Niño years bring disruptive weather, such as floods and drought, but have an added benefit of leading to fewer than average tropical cyclone landfalls, according to predictions issued by the Guy Carpenter Asia-Pacific Climate Impact Centre (GCACIC). As a …

ACE Appoints van Ratingen as Country President for the Philippines

ACE Group announced the appointment of Peter van Ratingenas its new country president for its general insurance operation in the Philippines. He succeeds Daniel Daly, who will retire on July 31, 2015. In his role as country president, van Ratingen …

ACE Appoints New Country President for Vietnam

ACE Group announced the appointment of Dang Hoang Tung as its new country president for its general insurance operation in Vietnam, effective June 29. Dang succeeds Christopher Twomey, who will return to the U.S. to take up a role in …

Flitcroft Named Managing Director of Gen Re Australia, Regional Treaty Manager

Gen Re announced that Andrew Flitcroft will assume the role of managing director of General Reinsurance Australia and regional treaty manager for the Asia Pacific region, effective July 31. He will take over for Pietro Toffanello who has taken on …

ACE Creates Asia-Pacific Unit to Service Captives, Complex Multinationals

ACE Group has created a dedicated and centralized unit in Asia Pacific in response to increasing demand from corporate customers to deliver tailor-made risk transfer and risk managed solutions. Based in Singapore, this unit will provide customized products and services …