Company: Allianz Commercial Page 3 / 3
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- January 31 2024
Asian casualty rates softening but underwriters wary of spike in claims
Though capacity remains abundant for liability lines in the region, carriers remain cautious over rising claims costs and knock-on effects from US and Australian markets.
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- October 25 2023
Allianz Commercial names Jude Cross as Asia head of property
He will report directly to Christian Sandric, regional managing director, Asia with a matrix reporting line to Michael Martin, global head of property.
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- September 5 2023
Allianz Commercial names Gany Subramaniam as Asia distribution head
Singapore-based Subramaniam was most recently regional head of commercial sales at Allianz Asia Pacific.
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- August 11 2023
Allianz records 15% P&C profit drop in APAC despite top line growth
The overall APAC COR including Australia deteriorated from 95.8% to 97.4%, as the group restructures in the region.
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- July 5 2023
Allianz Commercial Australia elevates Alison Brough as general manager-agencies
Sydney-based Brough was most recently head of underwriting services for the country, transitioning the commercial underwriting services team as part of the group restructuring.