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- July 12 2019
MS Amlin in India reinsurance exit
The decision to leave the Lloyd's platform comes after a group-wide review.
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- July 11 2019
Mapfre and China Re sign Belt and Road agreement
The Spanish firm will act as a cedant for China Re on projects of interest to both parties.
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- July 11 2019
Summer flooding in China cost US$6bn
Floods have caused billions of dollars of economic losses in China and India according to Aon's Impact Forecasting.
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- July 10 2019
Former JLT exec joins Willis Towers Watson
Lihui Gong, former relationship manager at JLT, to lead broking at WTW Hong Kong.
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- July 10 2019
Swiss Re makes key Hong Kong and Malaysia hires
Xinmei Zheng to replace David Alexander while Hans-Joachim Zimmermann will join in Malaysia.
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- July 10 2019
PSC agrees Victoria broker deal
Melbourne-headquartered PSC Insurance Brokers is expanding with a US$30m purchase.
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- July 9 2019
Canopius Australia & Pacific hires four
The Lloyd's insurer, led by Claudio Saita in Australia & Pacific, is on a recruitment drive.
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- July 9 2019
Brokerslink signs up brokers in Korea and Malaysia
Valuation firm John Foord has also joined the global broking network.
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- July 9 2019
Vasan Errakiah promoted at Pacific Life Re
The reinsurer has replaced Jeff Cook who is leaving the firm.
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- July 8 2019
Korean Re begins Swiss venture with S&P ‘A’ rating
The new office in Zurich is off to a good start which the reinsurer wants to be a major international hub.
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- July 8 2019
Arag and HDI unite in legal expenses Australia push
The move means Arag has operations in 18 countries across five continents.
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- July 8 2019
India to allow 100% foreign ownership of brokers
The market is set to open up even further under government proposals.
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- July 5 2019
New Zealand ruling aids insurers over quake damage
IAG has secured a win in the Supreme Court regarding assignment law over onsold damaged properties.
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- July 5 2019
Couple convicted of defrauding Dual in Australia
The judge found the couple defrauded MGA Dual out of around US$12m.
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- July 5 2019
PICC to enter Argentina: report
The Chinese insurance giant is looking to expand with a reinsurance license.
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- July 4 2019
Japan on alert for claims as a million urged to evacuate
Adjusters, brokers, insurers and reinsurers on high alert as a month's rain could fall in one day on Kyushu island.
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- July 4 2019
Regulator under fire over CBL collapse
Not enough was done for years to investigate CBL's finances a report has found.
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- July 4 2019
Philip van Zyl to lead Sedgwick New Zealand
Existing chief executive Darryl Cowan to become chairman in 2020.
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- July 4 2019
Plans to offer more shares in New India and GIC Re
Share sales should help bring the two firms in line with Securities and Exchange Board of India rules.
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- July 3 2019
AGCS appoints Pacific CEO
Allianz Global Corporate & Specialty has promoted James Stack as it exits long tail business in Australia and New Zealand portfolios.