-
- January 20 2023
Aon hires New Zealand CEO from Fidelity Life
Melissa Cantell, the life insurer's CEO, will start in June and is replacing Geoff Blampied who will stay on as executive chairman.
-
- January 20 2023
Vietnam’s PTI capital adequacy weak: AM Best
The firm suffered from underwriting losses associated with Covid-19 insurance policies.
-
- January 20 2023
IRDAI’s solvency exemption for United India bonds could trigger more redemptions
The regulator has allowed the insurer to exercise a call option despite not meeting the minimum solvency ratio.
-
- January 19 2023
Sure Insurance joins Australia’s cyclone pool
The Queensland home insurer is backed by Liberty Mutual Insurance and Pacific International Insurance.
-
- January 19 2023
Australia’s Underwriting Agencies Council names first-ever CEO
Jenny Bax has held senior positions at Allianz and QBE, and was most recently with Ansvar Insurance.
-
- January 18 2023
Markel India appoints Priyesh Pradhan as financial lines underwriter
Pradhan will report to Anirudh Singh, chief underwriting officer of Markel India.
-
- January 18 2023
CBIRC’s new motor pricing regime may strain small insurers’ profitability: Moody’s
The regulator hiked the floating range of the independent pricing coefficient of commercial motor insurance to 0.5 - 1.5.
-
- January 18 2023
Indian non-life insurers generated US$37bn of premiums in 2022
Motor was one of the classes which helped Indian non-life premiums grow 14.65% in 2022.
-
- January 17 2023
BMS acquires Austbrokers Coast to Coast
The Queensland-based target specialises in transport, construction, hazardous goods and SME retail.
-
- January 17 2023
Sinosure insured US$900bn worth of trade in 2022
The trade-credit insurer saw its SME business grow 15.7% year-on-year covering US$227m in business.
-
- January 16 2023
MS Amlin secures US$45m capacity for Phoenix 3 Re
The special purpose reinsurance vehicle has secured more capacity than its two predecessors.
-
- January 16 2023
S&P upgrades Lloyd’s rating on sound solvency, better performance
S&P expects 95% COR for 2022, taking into account the half-year COR of 91.4% and reserving of US$4bn for the war in Ukraine and Hurricane Ian.
-
- January 16 2023
Fine art: An asset unlike any other
Protecting these unique assets for future generations requires specialised expertise and capabilities.
-
- January 16 2023
Australian government hints at additional funding for nat cat relief
With the floods shaving off 0.25% of the country's GDP, the treasurer said natural disasters will be a focus of the upcoming budget.
-
- January 13 2023
PICC P&C 2022 premium income rose 8.3% to US$70bn
The carrier saw a 22% rise in agri insurance premiums, while motor growth came in at a low 6.2%.
-
- January 13 2023
WTW hires from Aon for Asia head of construction, power & renewables
Nicki Tilney was previously Aon's head of construction, power and infrastructure.
-
- January 13 2023
India’s LIC could eye health market entry following composite license talks
The state owned insurer's chairman said that 'health insurance fits well into their scheme of things'.
-
- January 12 2023
Starr hires Chin Feng as CUO, APAC financial lines
Feng was a previously a corporate director for Aon in Hong Kong and has worked at AGCS.
-
- January 12 2023
RACQ demands bigger share of the disaster fund for Queensland
The US$138m government fund, available from the next financial year, will be used to prepare for nat cat events.
-
- January 12 2023
Reinsurers’ underwriting margins to grow by 4%: Fitch
Property and specialty enter hard market with up to 200% increase in premium rates.
