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- October 31 2022
Lockton acquires Perth-based specialty broker
Zenith Insurance Services specialises in aged care, disability, aboriginal medical health and community service organisations.
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- October 31 2022
Tropical Storm Nalgae wreaks havoc in the Philippines
Multiple buildings, crops, bridges and roads destroyed as storm continues in the South China Sea.
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- October 28 2022
AGCS’ Nick Wood steps up to lead APAC property
The deputy APAC property head is replacing Victorio Villar who is leaving the firm at the end of the year to pursue “other interests”.
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- October 28 2022
Irene Chiu swaps Gallagher for Aon in Hong Kong: sources
She joins as head of growth and Delivering Aon United leader.
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- October 27 2022
Starr hires senior casualty exec as Hong Kong liability head
Jazz Tang was most recently liability underwriting manager at Bank of China Group Insurance.
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- October 26 2022
Tower trials parametric cyclone cover in Fiji
While the island country is heavily exposed to cyclones, fewer than 10% of Fijian households have insurance.
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- October 26 2022
Chubb promotes Jennifer Vanek to senior Australia global broker role
She has been at the insurer for five years working across product, distribution and key accounts.
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- October 26 2022
Japan inland flood losses to rise 50% by 2050, JBA models show
The flood modelling specialist has launched a set of global climate change tools for flooding in every country.
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- October 25 2022
HKIA working with CIB to support brokers eyeing GBA
Insurance Authority's Stephen Yiu, Chubb's Doug White, Howden's Mark Johnson and veteran Adrian King shared views at the annual brokers' conference.
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- October 24 2022
WTW recruits senior Marsh exec for head of P&C Australasia role
Robert Lasovski had been at Marsh for over 20 years and was most recently Australia national corporate & commercial leader.
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- October 21 2022
Thomas Haddrill promoted to Lloyd’s Asia CEO
Joshua Lynch named Lloyd's regional market development manager, Asia Pacific, Middle East & Africa.
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- October 21 2022
Cathay Financial to inject US$300m into Cathay Century
The fundraise will help the Taiwanese P&C player absorb rising losses on pandemic policies and mark-to-market losses on their investments.
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- October 21 2022
Warburg Pincus commits US$350m for ‘buy-and-build’ South-East Asia P&C digital player
IAN recently revealed that the new company, to be called Oona Insurance, had completed an acquisition in the Philippines.
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- October 20 2022
Peak Re bolsters retrocession team with Kenneth Ip
The former associate director at Aon's reinsurance arm joins as assistant vice president in Hong Kong.
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- October 20 2022
HKIA welcomes policy proposals to facilitate cross-border GBA cover
Hong Kong chief executive John Lee is targeting after-sales insurance service centres in Nansha and Qianhai.
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- October 19 2022
TMK eyes specialty growth in ‘complex, volatile’ Asia
Pavlos Spyropoulos says the target is to double regional GWP from US$100m in 2022 within five years.
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- October 18 2022
The Hartford swoops for Starr’s APAC head of financial lines
Hong Kong-based Ethan Tay will lead the financial lines team in the region for its Lloyd's arm Navigators.
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- October 17 2022
Tokio Marine invests US$50m in bolttech’s Series B fundraising
The Japanese insurer will help the insurtech's distribution, product innovation and balance-sheet capacity.
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- October 17 2022
Covid BI decision: IAG readies US$218m buy-back, Suncorp to release around US$112m
The two insurers are communicating with customers and brokers about outstanding claims after the High Court dismissed appeals on second test cases.
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- October 17 2022
Volante charts ambitious APAC play
The London-based specialty carrier is set for Lloyd's foray in Singapore, Australia, Japan and India as well as in the Middle East and Africa, IAN can reveal.