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- July 12 2022
Indonesia’s Sinar Mas outlook ‘favourable’ despite 102% COR: Fitch
The firm's COR deteriorated last year compared with 2020.
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- July 11 2022
MS Amlin Lloyd’s syndicate has ‘stable’ outlook after return to profit: AM Best
Asia Pacific chief executive Will Ho has said the firm "is committed to expanding in the region".
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- July 11 2022
New South Wales flooding claims top US$65m: ICA
The latest flooding in the state is another significant loss event for insurers.
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- July 8 2022
Starr promotes Jon Tam to Hong Kong head of financial lines
Tam joined the global insurance group in the SAR in 2018.
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- July 8 2022
ICNZ issues climate warning as tornado claims top US$5m
ICNZ CEO Tim Grafton said the unusual event on North Island likely to become more common.
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- July 7 2022
Steadfast merges two specialty underwriting agencies
UAA has combined with Mecon Insurance to form a construction and mobile plant 'powerhouse'.
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- July 6 2022
IAG extends Munich Re quota share, finalises FY 2023 reinsurance
IAG will have a maximum event retention of US$92m, allowing for quota share arrangements.
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- July 6 2022
Rare Earth’s Martin Ham takes on UK, Europe role
Ham has relocated from Hong Kong and was most recently the broker's binder and facilities director.
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- July 6 2022
Korea’s P&C players benefit from improved underwriting: Fitch
Profitability increased sharply in 2021.
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- July 6 2022
Australian market hit by ‘significant’ NSW flood event
Tens of thousands asked to evacuate in fast moving, dangerous situation.
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- July 4 2022
Suncorp ups FY 2023 cat allowance to US$800m amid more NSW bad weather
At the 1.7 renewals, Suncorp saw reinsurance premiums increase “significantly".
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- July 4 2022
Nat Re’s CEO ‘optimistic’ on outlook
Allan R. Santos has pointed to a recovering economy.
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- July 1 2022
China’s Henan province launches pilot cat scheme
Local government wants to boost protection in six cities after dramatic floods last year.
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- June 30 2022
Malaysia’s regulator approves Liberty’s purchase of AmGeneral
The P&C deal is set to be formally completed next month and signals IAG's exit from the country.
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- June 29 2022
China Taiping Insurance appoints Singapore CEO
Zhang Zhongyi replaces Yang Yamei who has been assigned a group position.
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- June 28 2022
The London P&I Club appoints Deborah Yu as Hong Kong manager
Fiona Pounds to become deputy general manager amid four other appointments.
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- June 28 2022
Garry Xue to join Munich Re for Asia client role
Former PartnerRe and Swiss Re exec has over 15 years of experience in the life and health market.
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- June 27 2022
Suncorp confirms ‘strategic’ review of banking operations
A sale or listing would let the company focus on insurance across Australia and New Zealand.
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- June 27 2022
Lower commission boosts PICC HK 2021 underwriting: AM Best
The insurer has been expanding its inward reinsurance business.
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- June 24 2022
Lockton Australia poaches NSW energy construction head from Aon
Alistair Williams started at the global broker in Sydney this month.
