-
- February 2 2024
Crawford promotes Graham Peters to head of class actions, national executive adjuster in Australia
Melbourne-based Peters was most recently head of Crawford forensic accounting services.
-
- February 2 2024
Cover-More appoints Justin Sebire as interim group CEO
Sebire will replace Cara Morton, who has relocated to Switzerland to pursue her new role as CEO of Zurich Global Ventures.
-
- February 1 2024
Sunshine P&C Insurance to sustain underwriting profits, stable outlook: Fitch
The P&C arm of listed Sunshine Insurance Group should be able to sustain profits in the near-term due to tighter risk selection and reduced guarantee business.
-
- February 1 2024
Sri Lankan insurers’ profitability to worsen by new motor directive: Fitch Ratings
A new directive for insurers to remit 100% strike, riot, civil commotion and terrorism premiums to a state agency will raise COR by 5-10 percentage points.
-
- February 1 2024
Australian MGA Market Lane hires Evan Ainslie from Lloyd’s as head of strategy
In his new role, Sydney-based Ainslie will introduce innovative solutions that align with current offerings and demands of the market.
-
- January 31 2024
Philip Johnson named CEO designate for Price Forbes Asia
Johnson will take over from Stephen Britten, who will become executive chairman of the Ardonagh Group (re)insurance broker, in September this year.
-
- January 31 2024
Japan’s non-life insurers to stay profitable despite large cat losses: AM Best
The rating agency is maintaining its stable outlook on the sector's underwriting performance despite sizable earthquake, typhoon and hailstorm claims.
-
- January 31 2024
Youi Insurance appoints executive general manager in Brisbane
Brisbane-based Chris Jarrett, who started in his new role on January 15, will be advancing Youi’s claims management capabilities and claims experience for the customers.
-
- January 30 2024
Adrian Sweeney returns to Zurich as New Zealand general manager
After departing from MGA Delta Insurance two years ago, Auckland-based Sweeney rejoins the global insurer where he had worked for over 20 years.
-
- January 30 2024
Delta hires underwriting operations manager in New Zealand
Auckland-based Simone Batty will establish streamlined processes and standards across a growing team, helping customers and brokers engage with the business.
-
- January 29 2024
Toa Reinsurance’s earnings could seesaw on nat cat and social inflation risks: S&P
Still, taking into account its strong capitalisation S&P Global Ratings has affirmed its 'A' rating on the reinsurer, despite reporting COR at over 100% for five consecutive years.
-
- January 29 2024
Sompo International elevates Rennie Muzii as EVP, head of Asian risk solutions
US-based Muzii was most recently senior vice president of professional lines, a role which he held since joining the insurer in 2013.
-
- January 26 2024
Consistent underwriting profits back Bao Minh Insurance’s stable outlook: AM Best
AM Best has affirmed the Vietnamese carrier's issuer rating at B++ (good) with a stable outlook, due to its consistent profits and strong balance sheet.
-
- January 26 2024
Vietnam’s PTI sees rising loss ratio on health and motor lines: AM Best
AM Best has affirmed an insurer rating of B++ (good) for the company with a negative outlook due to its recent capital erosion.
-
- January 26 2024
Howden Private Wealth names Benjamin Cheng as global CEO
Cheng was promoted to the global role from being the chief executive of Howden Private Wealth Asia.
-
- January 25 2024
Cover-More names Australia and New Zealand COO
In his new role, Sydney-based Nick Slessor will lead the company's Australia and New Zealand strategic delivery, customer service and claims functions.
-
- January 24 2024
AIG appoints head of accident & health in Singapore
Ann Wong rejoins the insurer after a 10-year break.
-
- January 23 2024
Thai Re to improve underwriting results in 2024 with COR below 100%: Fitch
The rating agency has affirmed the reinsurer's rating at 'A-' (strong) with a stable outlook based on strong capitalisation, favourable company profile and expectation of steady earnings from FY 2024.
-
- January 23 2024
Sompo Holdings CEO Kengo Sakurada to step down in March over BigMotor scandal: report
President and chief operating officer Mikio Okumura is expected to succeed Sakurada as CEO at the insurance group holding company.
-
- January 23 2024
Nepal’s Himalayan Re granted India reinsurance licence
The privately owned reinsurer has been granted a reference number by IRDAI allowing the company to do reinsurance business from India.