Australian lender Westpac sues insurers to recoup US$266m: report
June 3 2024 by InsuranceAsia News
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Trade credit insurers expect ‘harder’ market as insolvencies return to pre-Covid highs
- July 15
A 'buyer’s market' prevails as claims have yet to exceed pre-pandemic levels. But rising geopolitical and trade tensions have boosted intra-Asia trade and insurance demand, with some carriers expanding investments in the region.
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Axa XL expands Australian team with two senior hires
- July 12
Based in Sydney, Sugra Kaur has been appointed senior casualty underwriter while Melbourne-based Rhys Anthony has joined as senior claims specialist for property.
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SBI General Insurance taps Liberty’s Udayan Joshi as chief technical & claims officer
- July 11
The former president of Liberty General Insurance in Mumbai has joined the Indian insurer where he will be in charge of shaping its underwriting and reinsurance initiatives.
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Insurance claims from southern China heavy rain and floods hit US$344m: report
- July 8
Insurers have settled about a third of the total claims filed. The heavy rain and floodwaters in Hunan breached a stretch of the dyke of China's second-largest freshwater lake.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.
