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- February 5 2025
Northern Queensland floods set for ‘substantial’ losses after once-in-a-century deluge
Loss adjusters expect property and business interruption claims after parts of the region were battered by heavy rain since last week.
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- February 4 2025
Floodgates to open? India lifting FDI limit promises insurance landscape shift
Removing India's foreign investment cap for insurance companies could attract a surge of international capital, according to market experts.
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- February 3 2025
India to remove FDI cap for foreign insurers
Limit for the sector will be increased to 100% from 74% for companies that invest the entire premium in India.
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- February 3 2025
Crawford Australia strengthens account management team with QBE hire
Mark McDermott, who joins the loss adjuster as key account manager in Adelaide, will build strategic connections within the broker community.
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- February 2 2025
ICA declares significant event for northern Queensland floods
Flooding and storms have mostly affected Australian communities in Townsville, Innisfail, Ingham, Gordonvale and Cardwell.
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- January 29 2025
Exclusive: Liberty India to enter specialty market with surety buildout as interest grows
Liberty Mutual's joint venture is planning to launch the new line in the next few months, the carrier exclusively confirms to IAN.
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- January 28 2025
Sompo promotes Jasmine Chan to senior VP for APAC ceded reinsurance
APAC CEO Kenneth Reilly tells IAN Chan has 'an extensive knowledge of Sompo’s product offerings and the APAC market dynamics'.
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- January 28 2025
Dual promotes Marc Karapanovic to cyber lead for New Zealand
Auckland-based Karapanovic will lead the development of SME cyber on the MGA's trading platform.
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- January 28 2025
‘Nimble’ Thomas Miller-backed MGA targets APAC marine, energy ‘grey areas’
Navata, supported by Lloyd's and HDI Global capacity, is following its clients' transition from oil and gas to renewables, says Singapore lead Mark Nunn.
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- January 27 2025
Howden confirms Steve Hutchinson’s appointment as chief broking officer for Hong Kong
Hutchinson will focus on expanding capabilities in key sectors, including construction, multinational clients and large complex accounts, as first reported by IAN.
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- January 27 2025
Peak Re promotes trio to managing directors
Hong Kong-headquartered reinsurer elevates Sudhir Salian, Chenwei Li and Kathleen Koh, the company exclusively confirms to IAN.
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- January 24 2025
Seoul Guarantee revives listing plan, files for up to US$155m IPO
The Korean surety and credit insurer plans to list in March and its parent KDIC will sell a 10% stake.
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- January 23 2025
Indian shipping regulator allows Russian insurer Soglasie to offer P&I cover
The Directorate General of Shipping has also extended approval for Russian insurers Sogaz Insurance, Alfastrakhovanie, and VSK Insurance to cover vessels entering India ports till 2030.
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- January 22 2025
WTW hands Tushar Gupta expanded finex role in India
Mumbai-based Gupta will retain his current role as head of financial institutions for South-East Asia and India for the CRB business.
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- January 22 2025
Exclusive: Axa XL Asia set for leadership change as Gilles Fromageot joins international markets team
Fromageot will head Morocco and the CIMA region for the insurer and will be based in Morocco, InsuranceAsia News (IAN) understands.
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- January 22 2025
Australia twin event losses to remain below major cat level, adjuster says
Carriers received 5,400+ claims from severe weather events on the east coast, while Cyclone Sean caused record rains and port disruptions in Western Australia.
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- January 21 2025
Peeravut Sukho returns to MSIG Thailand as senior vice president for business development
Bangkok-based Sukho will lead the carrier's business development team for broker and bancassurance partners, direct, affinity and digital distribution channels.
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- January 21 2025
Exclusive: Ex-Aon India transaction liability leadership heads to rival Lockton
Anand Kaul will assume the role of managing director for transactional lines in India, with Neelam Singh Koyande and Kulvir Sing also set to join the Mumbai-based team, IAN understands.
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- January 20 2025
ARPC declares cyclone event as Cyclone Sean strengthens to category 4
Windstorm, which shut down ports in the country's iron ore exporting hub over the weekend, is expected to move away and drop below cyclone intensity by Thursday.
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- January 17 2025
Crawford strengthens Malaysia team with Sedgwick hire
Global loss adjuster Crawford appoints Tony Kan as director for large and complex loss.
