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Found 14192 Results
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- May 9 2023
Shawnna Lin joins Starr Insurance as senior underwriter
Singapore-based Lin joins from MS&AD Group owned MS First Capital.
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- May 9 2023
Swiss Re Corporate Solutions hires senior property underwriter in Melbourne
Melbourne-based Ben Fenech joins from Berkshire Hathaway Specialty Insurance.
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- May 8 2023
Tower sees Auckland flooding costs double to US$142m
The Kiwi insurer, whose cat event reinsurance kicks in at US$7.5m, is expecting to book US$3.5m of H1 losses.
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- May 8 2023
Losses mount from south-east China flooding
There have been more than US$72m of economic losses as the monthly precipitation is expected to approach or exceed May records.
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- May 8 2023
Asian D&O prices mirror global softening as capacity, competition grows
Rates may continue to moderate in the coming months but economic headwinds and regulatory changes in the region may warrant another correction.
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- May 8 2023
Medibank served a third class-action suit over data breach
Slater and Gordon filed a group proceeding in the Federal Court of Australia on May 5.
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- May 7 2023
Three key QBE subsidiaries handed ratings upgrades
AM Best revised outlook to stable for North America, Europe and UK subsidiaries on improved underwriting and operating performance metrics.
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- May 5 2023
Swiss Re rejigs Asia board with Victor Kuk appointed as CEO
Paul Murray steps down after becoming global CEO for L&H Re, while Deanna Ong has been named chairperson of the board.
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- May 5 2023
BHSI elevates Sydney-based Cameron Holmes to global role
Holmes will take charge as global underwriting officer, property for energy and construction.
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- May 5 2023
Swiss Re Asia 1.4 renewal premiums grow 25%
The reinsurer booked US$171m in New Zealand Q1 cat losses, says "a continuation of related costs seems unlikely at the moment'.
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- May 5 2023
Frontier launches fac broker with ‘big Australia focus’
The wholesale broker will focus on finding capacity for hard-to-place risks such as crypto, cannabis, cyber and tech PI.
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- May 4 2023
Asia commercial pricing moderates in Q1 2023: Marsh
Rates rose 1% in the region, while global commercial insurance prices increased 4% in Q1 2023, according to the broker's pricing report.
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- May 4 2023
India, Singapore lead Asia early-stage insurtech funding in Q1: Gallagher Re
India stood third globally in value terms with US$39m in investments, Singapore saw deals worth US$13.2m.
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- May 4 2023
Berkley promotes Esther Kwok to Greater China commercial lines head
Hong Kong-based Kwok will lead both financial and casualty lines in her new role.
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- May 4 2023
New Zealand mulls ban on rebuilding ‘high-risk’ properties as cat claims surge
IAG deals with a record 46,000 summer claims as government spends US$400m on Cyclone Gabrielle clean-up costs.
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- May 3 2023
New Zealand flood losses rise to US$1.08bn: Perils
The figure relating to the North Island event is a 6% increase from the initial loss estimate of US$1.03bn.
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- May 3 2023
Peak Re COR at 101.4% as it reports first-ever net loss
The Hong Kong-based reinsurer's GWP grew 7% to US$2.3bn in FY 2022, but it posted a net loss of US$81m.
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- May 3 2023
Sri Lanka Insurance to hive off general insurance arm as it readies for sale: report
The state-owned insurer's portfolio includes more than one million general and life policyholders each, with a combined GWP of US$131m.
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- May 3 2023
HDFC Ergo GI elevates Anuj Tyagi to joint managing director
A 14-year veteran with HDFC Ergo, Tyagi was most recently deputy MD.
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- May 3 2023
Marsh signals Western Australia expansion plans with broker buy
The acquired firm, Austral Risk Services, is a specialist in transport and serves over half the taxi and limousine market in Perth.
