Country: Pacific Page 22 / 103
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- March 15 2024
Chubb elevates Nikki Quain to New Zealand property manager
Auckland-based Nikki Quain will lead the strategy and growth for Chubb New Zealand’s property portfolio.
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- March 14 2024
Honan COO Laurence Basell to lead strategy for Marsh Australia and New Zealand
Melbourne-based Basell started in his role earlier this month following the completion of the Australian intermediary’s merger with Marsh.
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- March 14 2024
HDI Global names Paula Ritchie head of single risk for Australia, New Zealand
Joining from Arch Insurance Australia, Ritchie is tasked with expanding the the specialty insurer's offerings in the region.
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- March 14 2024
GSA Insurance Brokers overhauls senior management
Elyssa Johnson has been promoted as head of general Insurance, and Johnnie Keymer and Ben Rubio were elevated as joint-lead for professional and financial lines team.
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- March 13 2024
PSC Insurance confirms buyout talks with strategic partners
The company has mandated Goldman Sachs for the sale and has held informal discussions with Gallagher and Ardonagh Group, according to an Australian Financial Review report.
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- March 13 2024
McLarens promotes Andrew Brooke to managing director New Zealand
Auckland-based Brooke is replacing former managing director Dean Garrod who quit in February to pursue new opportunities.
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- March 12 2024
Canopius 2023 net profit soars on improved Australia business, fewer cat events
The global specialty and P&C (re)insurer said fewer major cat events in Asia Pacific led to a 2.5% year-on-year drop in insurance service expenses in FY 2023.
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- March 12 2024
Scor restructures P&C, life & health with regional heads
Under the restructuring, Mukul Kishore will head the reinsurer's P&C business for Asia Pacific, while Chloe Wang and Dion Russell will head up life & health markets.
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- March 12 2024
Australia unveils ‘grid’ for financial sector, offers transparent roadmap on regulatory changes
Insurance Council of Australia welcomes plans to introduce the new regulatory framework stating this would lead to greater efficiency, consistency and clarity for policymakers, regulators, and insurers.
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- March 8 2024
Rothbury Group acquires Steadfast-owned Kiwi broker Austinsure
The Auckland-based aviation and PI specialist’s seven-member team will join the New Zealand insurance broking group on March 15.
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- March 8 2024
Exclusive: Aon reshuffles Australia W&I leadership as Sam Thomas departs
Sydney-based Anita Vivekananda will succeed Thomas as head of transaction solutions for Australia and New Zealand.
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- March 8 2024
Australian MGA Criterion Underwriting expands into New Zealand
The Brisbane-based specialist underwriter services waste and recycling, hospitality, plants & equipment, financial lines, and public & product indemnity sectors.
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- March 8 2024
New Zealand regulator FMA files civil case against Tower for overcharging customers by NZ$10m
Financial Markets Authority has alleged that the company did not properly apply multi-policy discounts for about 65,000 customers from September 2016 onwards.
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- March 8 2024
Valentine’s Day storms’ cost estimate at US$69m, claims set to cross 20,000: ICA
85% of claims are related to home and contents damage caused by the heavy rainfall, flooding, and strong winds experienced across the region.
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- March 7 2024
Australia consults market on broadening standardised hazard terms beyond floods
The consultation paper highlighted a 50% jump in complaints regarding general insurance for delaying claims handling associated with major catastrophes in 2022-23.
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- March 7 2024
David Morrow succeeds Andrew Brooks as country president for Chubb New Zealand
Morrow will have responsibility for the carrier’s commercial P&C, traditional and specialty personal lines and accident and health insurance businesses.
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- March 7 2024
Australia’s US$1.3bn Asean push puts insurance high on the agenda
The SEAIFF will provide loans, guarantees, equity and insurance for projects that would boost trade and investment, particularly in support of the region's clean energy transition and infrastructure development.
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- March 6 2024
Marsh appoints Caitlin Carson as finpro corporate leader for Pacific
Carson has worked in various senior roles in Australia, including a 14-year stint at JLT Australia before it became part of Marsh in 2019.
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- March 6 2024
ASIC urges insurers to improve claims handling as severe weather events increase
In a letter directed to general insurers, the Australian corporate regulator said events such as cyclone Jasper, and Christmas and New Year storms have highlighted their licence obligations to process claims fairly and in a timely fashion.
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- March 5 2024
Assured Guaranty hires managing director for Australia expansion
The financial guarantee insurer has appointed Melissa Gribble as part of its move to grow origination activities in the country with a focus on the infrastructure, utilities and structured finance markets.
