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- July 22 2022
IAG returns to profit in FY 2022, but records US$245m nat cat miss
The insurer strengthened prior reserves by US$119m in part due to claims inflation.
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- July 22 2022
Twists and turns ahead for Asia’s insurtech market
The space is still finding its feet with valuations yet to settle, but there are some familiar themes.
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- July 22 2022
Chubb promotes Christian Falkingham to head of major accounts, Australia & New Zealand
Falkingham will report to Chris Gough, Chubb's head of property & casualty, Australia & New Zealand.
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- July 22 2022
Gavin Wren to join Lockton in Australia
The former Marsh and JLT broker will join the corporate team in August.
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- July 21 2022
Generali Global Corporate & Commercial hires Swiss Re exec as Asia head of claims
Hong Kong-based Emma Ng will report to Axel Roesner, head of GC&C Asia.
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- July 21 2022
MSIG paid US$48.6m of claims in Hong Kong and Macau in 2021
The claims settlement ratio increased 1.4% to 92.4% compared with 2020.
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- July 21 2022
Chubb taps QBE financial lines underwriter in Australia
Samantha Fenn has joined Chubb in Sydney as a senior underwriter.
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- July 21 2022
Zurich hands claims specialist Steven Kopti regional role
The firm is looking to recruit a new Singapore chief claims officer.
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- July 21 2022
Korean insurers draw coal criticism
Samsung F&M and Hyundai M&F under fire, but Kepco’s decision to exit coal signals change.
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- July 20 2022
More risk clarity key to China’s D&O capacity
China’s Securities Law has brought surging demand for D&O, as well as uncertainty.
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- July 20 2022
Charles Taylor appoints Tsuyoshi Sharyo to P&C role in Japan
The experienced claims handler will help support the loss adjuster's global Japanese clients.
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- July 19 2022
Swiss Re Corporate Solutions appoints new head of Hong Kong: sources
The Swiss Re Corporate Solutions' executive will relocate from Singapore.
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- July 19 2022
QBE books US$75m provision after pricing review
Andrew Horton, QBE group CEO, is "disappointed" by findings relating to an ASIC review.
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- July 19 2022
Kenneth Ho returns to Zurich Hong Kong in underwriting role
Ho started this month as head of technical underwriting.
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- July 19 2022
P&I club Skuld could be downgraded on underwriting performance: S&P
The marine player, which has Hong Kong and Singapore offices, is selling Lloyd's subsidiary Asta.
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- July 19 2022
Suncorp to focus on insurance after bank sale
After ANZ deal, the Australian P&C player is set to invest in digital, product design and risk personalisation.
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- July 19 2022
Foreign insurers in Malaysia need to reduce stakes to 70% by end of 2023: report
Insurers to also be given the option of contributing to a charitable fund.
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- July 19 2022
New Zealand insurtech Javlyn raises US$4.5m, eyes ASX listing: report
The new capital will enable Javlyn to expand its presence in Australia and Asia Pacific.
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- July 18 2022
Suncorp sells banking arm to ANZ for US$3.34bn
Suncorp will become a "dedicated" insurance business when the transaction completes.
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- July 18 2022
PartnerRe acquisition gives Covéa Asia platform
With US$600m in Asian premiums the French mutual can capitalise on fast-growing markets.