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- September 8 2023
Howden snaps up Auckland-based IUNZ
Insurance Underwriters NZ operates as a financial advice provider for Apex Insurance, dealing with Tower Insurance products.
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- September 7 2023
Seoul Guarantee Insurance plans Hong Kong, Singapore IPO roadshows
The state-owned insurer plans to hold domestic and international investor meeting till the middle of next month for listing as early as November.
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- September 7 2023
Lloyd’s Lab’s 11th cohort has focus on APAC climate, cyber and sustainability
Four insurtechs joining the programme will focus on developing solutions to some of the biggest risks faced by businesses and communities in the region.
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- September 7 2023
Chubb elevates David Hamill to financial lines manager for Australia and New Zealand
Sydney-based Hamill was most recently state manager for New South Wales, Australia.
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- September 6 2023
Global reinsurers improve underwriting results marginally, revenue dips in H1 2023: Gallagher Re
While the overall underlying COR improved to 87.6% in H1 2023, the strongest performance in the last decade, revenue growth declined to 8.7% compared with 13.5% in H2 2022.
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- September 6 2023
NorthStandard appoints Jack Marriott-Smalley as head of South-East Asia Pacific
Singapore-based Marriott-Smalley was regional underwriting director for the company since 2021.
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- September 6 2023
Howden bulks up New Zealand operations with Apex Insurance buy
The deal bolsters the global broker's corporate and SME presence in the country alongside Wallace McLean and Howden Broking NZ.
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- September 6 2023
Ausure concludes two acquisitions in Australia
David Summers, Travis Hargreaves and Nathan Wicks manage Ausure group, which has over 330 authorised representatives.
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- September 6 2023
British Marine strengthens Asia P&I underwriting team with two hires
Sebastian Tjornelund (pictured) joins as head of P&I underwriting, Asia, while Jamie Baggett becomes a senior underwriter.
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- September 5 2023
Reinsurance rates to rise further across all lines in 2024: Moody’s
Demand for reinsurance to remain flat as cedents do not plan to purchase additional protection, mainly because of its high cost, a survey by the rating agency shows.
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- September 5 2023
China’s (re)insurance sector’s solvency ratio ‘adequate’ at Q2 2023: NAFR
At the end of the second quarter, the total assets of China's insurers and reinsurers were up 7.6% from the start of the year to US$4tn.
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- September 5 2023
BHSI Australia appoints Hayden Veanes as underwriting manager for professional lines
Melbourne-based Veanes was most recently senior underwriter with the company, specialising in directors & office and financial institutions.
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- September 5 2023
Sedgwick NZ elevates Mark Crosby to head of property
Crosby led the company’s commercial property response to the Auckland-based floods and Cyclone Gabrielle losses.
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- September 4 2023
Jeslyn Tan appointed Singapore Reinsurers’ Association executive director
Tan, who succeeds Jeffrey Yeo, will take charge from September 4.
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- September 4 2023
China P&I eyes overseas expansion, global tie-ups for reinsurance, claims support: AM Best
The rating agency has affirmed an insurer rating of A- (excellent) for the Chinese P&I club with a stable outlook.
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- September 4 2023
Volante bolsters Asia operations with senior management move
Bilal Zafar, a managing director of the Lloyd's syndicate, has relocated from London to Singapore.
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- September 1 2023
Toa Re on course to improve its underwriting performance: AM Best
The rating agency has affirmed an A (excellent) with a stable outlook for the Japanese reinsurer though its COR has remained about 100% for the last five financial years.
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- September 1 2023
AM Best affirms Macau Insurance’s rating despite a 5% increase in COR
The rating agency has affirmed a rating of A- (excellent) with a stable outlook to the third-largest Macanese insurer on account of its very strong balance sheet.
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- September 1 2023
Despite dipping asset quality, EGI profitability to remain intact: Moody’s
Moody’s has assigned A3 rating to the Korean cooperative and specialist insurer with a stable outlook.
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- August 31 2023
Howden takes Marsh’s Melvin Lim as divisional director for APAC construction team build out
Singapore-based Lim will work closely with head of construction Leon Chan and head of natural resources Matthew Savitt.
