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- March 5 2024
Mustard Underwriting partners with Sovereign Insurance Australia for personal lines roll-out
The MGA will start with home and contents, landlords, contents cover and motor products for the Australian and New Zealand markets.
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- March 5 2024
Arch Insurance Australia hires professional indemnity expert
Melbourne-based Aaron Green, founder of a PI-focused broker for 10 years, has now joined the insurer as a senior underwriter.
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- March 4 2024
Miller taps Marsh for Asia head of operations
Singapore-based Frédérique Champvillard will support the firm’s strategic expansion into Asia with a focus on client service.
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- March 1 2024
Delta Insurance Group hires new group COO
Auckland-based Nathan Barrett has held various leadership roles across underwriting and claims, product and pricing over the past 20 years.
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- March 1 2024
Aon shakes up Asia leadership with three expanded regional roles
Singapore CEO Andrew Minnitt has been put in charge of Singapore, Malaysia and Indonesia, while the Philippines head Darren Oliver will lead the Philippines, Thailand and Vietnam and commercial risk solutions head Tracy-Lee Kus will take charge as head of Japan and Korea.
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- February 29 2024
Sompo Japan chairman to step down over Bigmotor scandal: report
Keiji Nishizawa's impending resignation would be the third from the group following the company’s involvement in the Bigmotor scandal.
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- February 29 2024
Shipowners, IOPC settle over 8000 claims one year after MT Princess Empress oil spill
The newest estimate of total damage to environmental and coastal communities exceeds US$731m, including environmental losses of US$712m and socioeconomic losses totalling US$19.5m.
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- February 28 2024
Steadfast H1 revenue grows 19% to US$517m
The Australian broking and underwriting group is on target to complete AU$183m of trapped capital acquisitions in FY 2024.
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- February 27 2024
Allianz Insurance Lanka promotes Prashant Grover to CEO
Grover assumed his new role from February 1, taking over from Alan Smee who is leaving the company for personal reasons.
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- February 22 2024
Dual names new head of liability for New Zealand
Stewart Eaton, who was most recently senior underwriter for the specialty MGA, will start in the role on April 15.
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- February 21 2024
Taiwan’s green power credit guarantee to mitigate default risk, eases up project financing: Fitch
With reinsurance provided by the National Credit Guarantee Administration and backed by EximBank, the new credit guarantee scheme will facilitate financing to wind project operators, Fitch said.
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- February 21 2024
Arch Insurance Australia expands property team with Vero hire
The carrier has hired Brendon Terry as national underwriting manager for property.
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- February 20 2024
IAG New Zealand CEO tells Kiwis to stop building homes in dumb places: report
The country’s largest insurer said that properties built in high-risk areas may see higher-than-average premium increases.
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- February 16 2024
Noto earthquake insurance payout reaches US$137m: industry association
Insurers have about a third of the 76,500 accepted claims settled as of January 31, according to GIAJ.
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- February 15 2024
MIC Global partners WRMS to offer parametric flood cover for India’s gig workers
The Lloyd’s player’s micro-insurance product will cover against financial impacts from extreme weather events.
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- February 15 2024
Korea’s Lotte Insurance records highest full year profit since inception
The non-life insurer's provisional full-year operating profit tripled from a year ago to US$350.5m, thanks in part to its strong growth in long-term business.
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- February 9 2024
BHSI strengthens Australia A&H team with senior hire
The specialty (re)insurer has appointed David Foote as executive underwriter, accident & health.
