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- October 27 2023
Sompo continues Singapore build-out with Paddy Harman hire
He joins from Allianz as a senior underwriter in Sompo's credit & political risk team as the specialty player expands its APAC commercial P&C capabilities.
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- October 27 2023
Cyber: Companies need proactive approach to cyber security in a deteriorating risk landscape
As we move toward the end of 2023, the risk landscape has deteriorated with cybersecurity attacks trending upwards.
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- October 27 2023
Australian carriers brace for claims as deadly bushfires rage across New South Wales, Queensland
With over 100 fires burning, several dead, homes burned down and thousands of hectares of land destroyed, it is being described as the worst fire season since the 2019-20 black summer.
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- October 27 2023
Marsh launches Japan JV broker targeting mid-to-large firms: report
The combination between MST and Marsh will focus on firms with annual sales of between US$200m to US$1.3bn.
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- October 26 2023
AIG names Cynthia Sze general manager for Hong Kong and Macau
Hong Kong-based Sze was most recently AIG's head of financial lines for Hong Kong, Macau, Taiwan and China.
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- October 26 2023
Labuan Re to report moderate growth ahead: AM Best
The rating agency has affirmed an insurer rating of ‘a-’ (excellent) for Labuan Reinsurance with a stable outlook.
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- October 26 2023
Starr Insurance hands Steve Gosnell additional role as head of liability for Australia
Melbourne-based Gosnell has been the American insurer's regional business development manager for APAC.
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- October 26 2023
HDI Global ropes in Laura Lawrence as mid-market liability underwriting manager
Lawrence was most recently liability underwriting manager - northern region for the Australian insurer CGU Insurance.
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- October 25 2023
Allianz Commercial names Jude Cross as Asia head of property
He will report directly to Christian Sandric, regional managing director, Asia with a matrix reporting line to Michael Martin, global head of property.
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- October 25 2023
Yingda Taihe Property Insurance to report solid underwriting results going forward: Fitch
The rating agency has affirmed an insurer rating of A (strong) for the company with a stable outlook.
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- October 24 2023
Zurich to underwrite RentCover’s landlord policies in Australia
Existing customers will have their policy underwritten by Zurich at renewal and new customers from December 1, 2023.
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- October 24 2023
Chubb veteran Ben McGregor named head of property for APAC & Japan
Singapore-based McGregor will be responsible for the insurer's property line of business in the region from December 1, reporting to Paul McNamee, regional president of Asia Pacific.
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- October 24 2023
Seoul Guarantee Insurance calls off US$267m IPO due to poor institutional demand: report
The offering failed to get an "appropriate valuation" as investors raised concerns about high interest rates, lack of growth potential and additional share sale overhang.
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- October 24 2023
Taiwan non-life insurers to fully recover from pandemic challenges by year-end: AM Best
The rating agency maintained a negative outlook on Taiwan’s non-life insurance segment, citing increased reinsurance costs and a decline in the asset base.
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- October 24 2023
Liberty Specialty Markets hires Cristin Li as senior underwriter
Hong Kong-based Li will look after the insurer's war and terrorism portfolio in north Asia.
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- October 24 2023
Japanese broker Toyota Tsusho joins Brokerslink network
The Toyota group company that provides insurance and reinsurance broking, captive management, global insurance program management and risk consultancy has offices in 13 countries.
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- October 23 2023
New India Assurance’s underwriting results remain constrained despite improving performance: AM Best
The rating agency has affirmed a financial strength rating of B++ (Good) for the Indian state-backed general insurer.
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- October 23 2023
Strait of Hormuz in spotlight as Middle East war risks rise
With a huge amount of oil and gas passing through the strait everyday, Asia's marine (re)insurance market on high alert as regional tensions escalate and premiums rise.
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- October 23 2023
HDI Global appoints Cristiano Pizzocheri as head of market management
Pizzocheri was most recently chief strategy and digital officer for Ergo Insurance Singapore.
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- October 23 2023
Gallagher India hires Anirudh Singh specialty and facultative head
He was most recently chief underwriting officer for Markel Services India, a Lloyd's Syndicate in India.
