CRA Newsletter
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Asia
October 1, 2024
ADB bullish on developing Asia and Pacific
The Asian Development Bank (ADB) has raised its economic growth forecast for developing Asia and the Pacific this year, amid…
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Asia
October 1, 2024
MAS creates global expert cybersecurity panel
The Monetary Authority of Singapore (MAS) has announced the creation of a Cyber and Technology Resilience Experts (CTREX) Panel. The panel…
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Asia
September 30, 2024
Sompo strength boosted by overseas growth: AM Best
AM Best has affirmed the financial strength rating (FSR) of A+ (Superior) of Sompo Japan Insurance Inc. and its subsidiaries.…
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Asia
September 30, 2024
Asia Pacific outstrips global cyber growth
The Asia-Pacific region has experienced rapid digital transformation in recent years, particularly since the Covid-19 pandemic. This has driven a…
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Asia
September 30, 2024
Yagi triggers first humanitarian aid cover
Super Typhoon Yagi, which swept across Asia in recent weeks, has triggered an insurance payout for the International Federation of…
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Asia
September 27, 2024
WTW North America forms China desk
WTW has announced the launch of a new China Client Division within Corporate Risk and Broking, North America (CRB NA).…
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Asia
September 27, 2024
Generali beefs up Asian team
Generali Global Corporate & Commercial (GC&C) has appointed Winnie Chu as head of financial lines underwriting Asia, and Joshua Lynch…
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Asia
September 25, 2024
Pakistan commission proposes insurance liberalisation
The Competition Commission of Pakistan (CCP) has proposed that the reinsurance market in the country be opened up to the…
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Asia
September 25, 2024
Russell leads NZ wholesale for Price Forbes
Thomas Russell has taken up the newly created role of director, head of Australian and New Zealand (ANZ) wholesale for…
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Asia
September 25, 2024
Asian investors call for dialogue with policymakers on physical climate risk
The Asia Investor Group on Climate Change (AIGCC), the group that represents $29trn of funds under management globally, is stepping…
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Asia
September 25, 2024
DAC Beachcroft expands to Hong Kong
International law firm DAC Beachcroft is to open a new office in Hong Kong to support the ongoing expansion of…
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Asia
September 25, 2024
Hong Kong publishes sustainability standards to align with IFRS
The Hong Kong Institute of Certified Public Accountants (HKICPA) has published Exposure Drafts for HKFRS S1 General Requirements for Disclosure…
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Asia
September 24, 2024
Asian risk managers urged to help ‘demystify’ captives
Captives will continue to gain traction in Asia and worldwide as the message that they are critical risk management tools,…
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Asia
September 23, 2024
Holistic risk management on the rise in India: Pandit
Mrunal Pandit is global head of insurance at Tata Consumer Products, the Indian fast-moving consumer goods company that is part…
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Asia
September 23, 2024
Labuan hosts Asian Captive Conference
The Asian Captive Conference (ACC) 2024, co-hosted by Labuan IBFC and the Labuan International Insurance Association (LIIA), attracted over 200…
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Asia
September 23, 2024
Supply chain transparency under the microscope in China as CSDDD looms
The European Chamber of Commerce in China (ECCC) is hosting a high-profile event on the Corporate Sustainability Due Diligence Directive…
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Asia
September 23, 2024
Healthy growth forecast for Taiwan P&C sector
The Taiwanese general insurance industry is set to grow at a compound annual growth rate (CAGR) of 6.8% from TWD279.8bn…
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Asia
September 20, 2024
HDI Global appoints Ahn as CEO Hong Kong
HDI Global has announced the appointment of Michael Ahn as CEO HDI Global SE Hong Kong. Ahn replaces veteran CEO…
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Asia
September 20, 2024
Markel hires Tam to expand financial lines business in Asia
US insurer Markel continues its Asian expansion with the appointment of April Tam as senior underwriter, professional financial risk (PFR)…
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ESG
September 20, 2024
Insurers back non-profit to cover communities at risk of climate disasters
A climate resilience non-profit led by a group of insurers has been launched to part-fund premiums for communities around the…