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- July 22 2020
Perils counts rising cost of Australia’s January hailstorms
Claims have increased to US$1.28bn according to the latest data.
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- July 21 2020
AM Best downgrades New India
The ratings agency also noted a worsening outlook for India's P&C players.
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- July 20 2020
China seizes insurers linked to billionaire Xiao Jianhua
The Chinese state takes control of several firms linked to Xiao after discovering irregularities.
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- July 20 2020
BMS’s Godden to welcome Aon trio for energy push
Three senior Aon staff will join the specialist broker in August.
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- July 15 2020
MS&AD invests in tech to track climate change risks
A new partnership could be game-changing for (re)insurers and asset managers in Asia.
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- July 13 2020
Tahoe Group exploring sale of Tahoe Life: report
A sale for the troubled Chinese conglomerate could raise US$1bn.
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- July 13 2020
ICA responds to bushfire enquiry as claims reach US$1.63bn
Rob Whelan, ICA’s chief executive, believes there are too many taxes to help consumers afford cover.
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- July 10 2020
People round-up: AIA, Aviva, HSBC Life, Pacific Life Re, TCS
Amanda Blanc is Aviva's new global chief executive as Maurice Tulloch leaves for personal reasons.
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- July 10 2020
Chinese motor reforms are “credit negative” for insurers: Moody’s
The regulator's sweeping changes could increase loss ratios from 60% to 75%.
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- July 9 2020
ICA appoints interim president as Dransfield departs Suncorp
Gary Dransfield to leave the ICA position only seven months into a two year term.
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- July 8 2020
QBE exits India as Paytm’s founder taps market
Vijay Shekha Sharma's purchase of QBE Raheja has seen another Australian insurer depart.
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- July 8 2020
Australian Open unlikely to obtain pandemic cover for 2021
The organisers of the January major haven't been given an option to renew.
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- July 7 2020
Willis Re veteran to join Guy Carpenter in Australia
The exec had been with the broker for over 40 years.
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- July 6 2020
HKFI reveals committee and taskforce members for 2020/2021
Many market heavyweights are onboard for the important positions.
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- July 6 2020
Lloyd’s Angela Kelly to take on Australia state role
After leaving Lloyd's later in July, Kelly will join Victoria's insurer and risk adviser.
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- July 3 2020
People moves: Allied World, Rare Earth Insurance Partners, Sedgwick
Wang Wei steps up as chief executive at Rare Earth as Phil Bilney takes on chairman role.
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- July 2 2020
Axa XL handed China reinsurance license in Shanghai
The specialist player will switch its business license from insurance.
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- July 2 2020
Allied World’s Garrison takes global role, Shohtoku to lead APAC
The head of Asia Pacific is being replaced by his HK-based deputy Jota Shohtoku.
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- July 1 2020
Gary Dransfield to leave Suncorp in management shake-up
His role as insurance chief executive will not be directly replaced.
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- July 1 2020
MAS consultation highlights market’s green responsibility
Protecting the environment needs to be high on the agenda despite Covid-19.
