Country: Pacific Islands Page 1 / 1
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- May 26 2023
Japan, Korean insurers brace for claims from ‘US$1bn’ Typhoon Mawar in Guam
There are 11 international hotels on the island which have BI cover. Crawford is sending 40 adjusters from Asia.
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- May 17 2023
Tokio Marine withdraws from select Pacific markets: report
The insurer exits Guam and the Northern Mariana Islands as margins deteriorated in 2022 as medical claims rebounded.
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- February 10 2023
Lockton appoints ex-JLT Australasian CEO as Pacific president
Leo Demer will work closely with Paul Marsden, Lockton’s CEO (Australia and Pacific) and starts on February 13 in Sydney.
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- October 26 2022
Tower trials parametric cyclone cover in Fiji
While the island country is heavily exposed to cyclones, fewer than 10% of Fijian households have insurance.
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- September 26 2022
Aon signs up Karl Hamann as Indonesia CEO
The former QBE veteran was most recently the chief executive of Papua New Guinea's state-owned insurer.
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- June 13 2022
Tower completes sale of Papua New Guinea subsidiary
Local P&C player Alpha Insurance has bought the book as Tower focuses on other Pacific Islands.
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- March 30 2022
TigerRisk enters Australia, the Pacific
The global reinsurance broker has hired veteran Simon Chandler.
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- February 4 2022
QBE Australia Pacific appoints chief underwriting officer
Andrew Ziolkowski was most recently at New South Wales' icare.
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- January 24 2022
World Bank hands US$8m cat payout to Tonga
A one-in-one-thousand year event has triggered an emergency resilience option.
