Search Results for: generali Page 1 / 10
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- April 22 2024
CCR Re’s Africa and Asia FY 2023 GWP increases by 27%
The reinsurer saw moderate claims in Asia throughout the year, not affected by big cat events such as typhoons Doksuri in Beijing and Saola in Hong Kong and saw few individual claims in Korea.
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- April 19 2024
Generali streamlines insurance division in group restructure
The insurer will separate insurance and asset management businesses from June 1 and the insurance division will be led by Giulio Terzariol with country and regional leaders, including Rob Leonardi-led Asia, reporting to him.
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- March 19 2024
Foreign investment in India’s insurance sector tops US$6.5bn since liberalisation in 2015
The number of insurance players in the country rose to 70 from 53 nine years ago, when the government relaxed the cap on international investment for insurers and intermediaries.
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- February 26 2024
QBE appoints Swiss Re CorSo’s Vicgi Au as recovery manager for Asia
Kuala Lumpur-based Au will deliver recovery services, minimise claims loss cost, and work with cross-functional teams to optimise complex recoveries.
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- January 19 2024
Minority shareholder in Chubb-backed Huatai Insurance puts US$34m stake up for sale
The seller Lucky Film, an affiliate of state-owned space contractor China Aerospace Science and Tech Corp, will auction its shares on the Beijing exchange.
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- January 17 2024
Asia focus increases for clubs as lunar new year prompts P&I renewal urgency
With China having overtaken Greece to be the world's largest fleet owner, Asia is becoming an ever bigger part of the world’s P&I market and that growth has continued this year.
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- January 10 2024
Generali takes 100% ownership of China P&C JV
The global insurer has bought out the 51% stake owned by CNPC Capital in Generali China Insurance for US$108m through a public auction.
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- January 8 2024
APAC 1.1 renewals got done ‘for right rates on right terms’
With 10% additional capacity, loss-free and cat XL programs were flat or up to 5-10%, while loss-affected ones saw 25-30% hikes, say regional experts from Guy Carpenter, Peak Re and TransRe.
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- January 5 2024
Tune Protect Re appoints new CEO
Kuala Lumpur-based Janet Chin will report to the group chief executive Rohit Nambiar.
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- November 28 2023
Parametrics primed for APAC’s insurance mainstream: Descartes
As the search for nat cat capacity grows in the region, the MGA is looking at 'solid double-digit' premium growth this year on more demand from Australia, New Zealand, the Pacific islands and the Philippines.
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- November 9 2023
PICC is second largest fossil fuel insurer with US$1.45bn premium income in FY 2022
According to a report by Insure Our Future, global insurers earned around US$21.25 billion in 2022 from fossil fuels with the Lloyd’s market collectively contributing US$1.6 - US$2.2 billion.
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- October 31 2023
CCR Re ready to bring additional capacity in a disciplined APAC market
The French reinsurer, armed with a capital injection from new owners, has ambitious underwriting targets, says chief underwriting officer Hervé Nessi
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- October 25 2023
Philippe Bouchet returns to Axa XL as head of art expertise, APAC & Europe
After leaving the carrier in 2021, Paris-based Bouchet rejoins to support the implementation of fine art and private clients strategy in Europe, Asia and Australia, in close partnership with regional and local underwriting and distribution teams.
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- October 18 2023
Generali and UNDP partner to help bridge SME protection gap in Asia
A new framework will be hosted on an online platform offering advice on how businesses can protect their activity in the face of climate challenges.
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- October 11 2023
Axa completes India exit with sale of stake in life carrier to local partner
Indian JV partner Bharti Group is 'engaging with other strategic and financial investors to partner and or merge the business'.
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- October 9 2023
Exclusive: (Re)insurers staring at US$2bn+ losses from India’s Himalayan dam collapse, flood damage
An IFFCO Tokio-led panel of eight insurers have a US$1.37bn property damage and BI policy for the 1,200MW Teesta-III project that was completely damaged in a flash flood, show documents reviewed by IAN.
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- September 22 2023
Generali GC&C makes two senior Asia appointments in Hong Kong
Matthew Day becomes Asia head of risk engineering & loss prevention while Danny La joins as Asia head of strategic initiatives & business transformation.
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- August 30 2023
Exclusive: Reliance’s Jio Financial starts talks with global players for ambitious general insurance foray
India's biggest conglomerate will offer up to 50% stake in the insurer, for which it is already hiring senior executives, IAN understands.
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- July 7 2023
Generali acquires US asset manager Conning from Cathay Life
The Taiwanese insurer will hold a 16.75% stake in the Italian carrier's asset management business after the deal.
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- July 5 2023
Net-zero alliance to make membership rules less prescriptive: report
The UN-led insurers' climate coalition is proposing to remove a six-month deadline for members to publish greenhouse gas emissions targets.
