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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 15 2022
Hong Kong’s Target placed into liquidation by HKIA
The taxi insurer ran into trouble at end of 2021 as HKIA's CEO says there's "room for improvement" in the market.
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- July 15 2022
WTW promotes Iris Chan to lead Hong Kong broking arm
Chan will also continue in her role as director of construction for Hong Kong and Macau.
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- July 13 2022
China heightens oversight as insurance assets bulk up
With the top four players controlling over half the market, any company failure is a huge risk to the economy.
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- July 12 2022
IAG joins UN’s Net-Zero Insurance Alliance
The membership now represents close to 15% of the world’s premium volume.
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- July 11 2022
Gallagher eyes North Asia expansion
The broking giant has set-up a new office in Hong Kong led by Irene Chiu and has ambitious plans.
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- July 8 2022
Miller acquires Japanese marine broker Lead Insurance Services
Lead specialises in hull, war risks and protection & indemnity.
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- July 7 2022
Claims specialist Patsy Wong joins Peak Re from AGCS
Wong started at the reinsurer this month and is based in Hong Kong.
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- July 5 2022
Howden buys Wallace McLean in New Zealand expansion
The Kiwi broker offers agriculture, shipping, freight and entertainment lines, among others.
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- July 5 2022
China explores parametric expansion after costly floods
Henan is the latest province to trial the cat innovation after payment was triggered in Guangdong last month.
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- July 4 2022
Aon promotes Shepherdson and hires from BMS for APAC energy push
Melissa Shepherdson's energy and mining role expands as Richard Nunny returns to lead renewable energy.
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- July 4 2022
Australia renewals much ‘tougher’ and ‘later’: Gallagher Re
The floods in NSW and Queensland contributed to price increases of up to 25%.
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- July 1 2022
Mixed reaction to Australia’s cyclone pool modelling data
There are potential premium savings of 38%, but up to 24% of Queensland homeowner policyholders could see rises.
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- June 30 2022
Tobias Frenz becomes Munich Re’s Singapore CEO as James Park departs
In addition Surbhi Goel has been given a wider P&C remit at the reinsurer.
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- June 27 2022
Lee Garvey to lead WTW’s APAC financial solutions team
Based in Singapore, he is adding the role to his Australasia remit on July 1.
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- June 27 2022
Former Swiss Re exec joins Generali Asia for commercial role
The exec has become Asia regional head of SME and commercial lines at Generali.
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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 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
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 17 2022
Troubled Thai P&C player seeks turnaround after Covid claim spike
Sin Munkong Insurance is seeking the approval of a rescue plan.
