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- June 24 2022
Lockton Australia poaches NSW energy construction head from Aon
Alistair Williams started at the global broker in Sydney this month.
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- June 24 2022
PICC teams up with NDRC on agriculture insurance: reports
Cooperation in product innovation, agricultural product cost investigation, designated counties development and data sharing will be carried out.
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- June 24 2022
Queensland’s RACQ confirms US$69m payout from Feb, March floods
Almost 5,000 home repairs have been completed or are underway.
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- June 24 2022
Market suffers lack of consistent ESG disclosure rules in Asia
Without a standardised framework, market-facing ESG information is not as valuable as it could be.
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- June 23 2022
Everest Insurance hires Asia team in Singapore launch
The eight person team will be overseen by Ben Carey and will offer a range of specialty lines.
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- June 23 2022
Frontier launches D&O and professional liability cover in Asia
The offering is supported by new capacity from Bermuda-based Relm.
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- June 23 2022
IAG’s NRMA Insurance hit by 30,000 claims from Feb, March floods
54% of Australians worried their property will be damaged by wild weather within 12 months.
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- June 23 2022
Insurers seek profit and scale in lower-premium products
Capturing data is key to breaking Asia’s under-insurance cycle.
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- June 23 2022
GIC Re to lead Indian pool for Russian imports: report
The reinsurer to take 40% with capacity alongside Indian insurers for fertiliser, oil and gas.
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- June 22 2022
Perils expands cat data to Japan wind and flood
The firm will use data from most of the country's P&C players which provided 'strong support'.
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- June 22 2022
David Longley to oversee Arch’s Aussie PI underwriting team
He has over 25 years of market experience and was previously at Axa XL.
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- June 22 2022
India digital reinsurance upstart takes bold stance against incumbent
Competing with India’s national reinsurer GIC Re has proven tough for previous start-ups.
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- June 22 2022
MSIG Hong Kong to maintain ‘modest’ GWP growth: S&P
Growth expected from employee compensation, marine and travel insurance recovery.
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- June 21 2022
WTW reinforces Thailand business with new country head
Tony Kantapasara to continue as leader for work and rewards in health, wealth and career business.
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- June 21 2022
ABICO Insurance Brokers acquires Ausure Macarthur
Jarrod O’Brien, owner of Ausure Macarthur, was looking to leave the market.
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- June 21 2022
Over US$28m insured loss caused by Guangdong severe storms: report
PICC and Ping An are facing millions of claims payments respectively.
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- June 21 2022
Appraisal of Malaysian floods boosts case for digital claims
With 90% of economic losses uninsured more is required to persuade homeowners to buy cover.
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- June 20 2022
Axa XL appoints new China country head
HaoMing Zhou reports to Gilles Fromageot, Axa XL Asia regional manager and Yamin Zhu, Axa Tianping CEO.
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- June 20 2022
Lloyd’s confirms Hong Kong general representative
Eve Yeung will start in July as Joshua Lynch relocates back to Singapore.
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- June 20 2022
ASIC eases claims burden for general insurers
Employees who provide claims-handling services will no longer have to register.