Country: Pacific Page 36 / 111
-
- December 5 2023
Pop Holdings adds Nicole Coleby as managing partner in Melbourne
In this newly created role, Coleby will be in charge of operations and managing teams at Fusion Specialty and io.insure, reporting to Pop's co-founders Killian McDermott and David Rogers.
-
- December 4 2023
Bain-backed Tower announces ownership structure review
The Kiwi insurer has hired Goldman Sachs as the financial adviser to explore options to maximise value for all its shareholders.
-
- December 4 2023
Quarter-million Australian properties exposed to 1-in-20 year flood risk: ICA
The industry group said in a submission to a parliamentary inquiry said New South Wales, Queensland and Victoria, respectively, were the most vulnerable.
-
- December 1 2023
Honan’s Fluitsma joins Marsh as brokers complete merger
Andrew Fluitsma will take charge as Marsh’s Pacific head of corporate and commercial.
-
- November 30 2023
RACQ hit with US$6.6m penalty for pricing misconduct
Tthe Australian Federal Court found that the mutual insurer misled customers about discounts available for motor, home, caravan and trailer and unique vehicle insurance policies.
-
- November 30 2023
Surge in claims volume testing APAC service capabilities
Increasing nat cat losses, rising cyber claims and inflation leave regional response infrastructure in danger of being overwhelmed, lengthening lead times significantly and driving up costs.
-
- November 29 2023
Siddhartha Medappa returns to Zurich as APAC head of risk
Sydney-based Medappa joins from Tokio Marine, where he was chief underwriting and reinsurance officer.
-
- November 29 2023
Wild weather hits eastern Australia; further storms, hail and heavy rainfall expected
The Bureau of Meteorology said the downpour expected this week is going to be well in excess of a month's worth of rainfall.
-
- November 28 2023
IAG blames Credit Suisse’s due diligence failures for Greensill losses: reports
The insurer, in an Australian court filing, said that the Swiss bank should have known that the Bond and Credit company did not have the authority to issue the policies.
-
- November 28 2023
Berkshire Hathaway ropes in Alex Zhang as senior property underwriter
Zhang, prior to this move, had spent over 17 years with QBE Insurance, most recently as senior underwriter.
-
- November 27 2023
Over 85% of Australian carriers on track to achieve net-zero by 2050: ICA
An updated climate change roadmap provides goals and best practice guidelines to reduce greenhouse gas emissions for operations by the end of this decade and across the entire value chain by 2050.
-
- November 27 2023
HDI Global onboards marine underwriting manager in Melbourne
Joel Richards joins from Australian specialist transport insurer NTI, where he was most recently national strategic underwriter - marine.
-
- November 24 2023
Everest hires Liberty’s Michael McCarthy as senior casualty underwriter in Australia
Sydney-based McCarthy joins the insurer from Liberty Specialty Markets where he was most recently senior underwriter, casualty.
-
- November 23 2023
Tower’s FY 2023 COR at 101% as large events cost triple to US$33.6m
While the New Zealand insurer's GWP grew 17% to US$319m, its underlying profit fell 72% year-on-year hit by large losses from January and February weather events.
-
- November 23 2023
CelsiusPro partners Tower to build distribution platform for Pacific islands parametric cyclone cover
The cover will apply to a policyholder's house or another insured location, impacted by a high wind-speed cyclone event, regardless of damage.
-
- November 23 2023
APAC markets need to wake up to changing nat cat exposures
After a bruising 2022 and 2023 nat cat loss experience to date, there can no longer be any argument that Asia faces a new flood risk reality.
-
- November 23 2023
Australia commits US$385m for 2030 cybersecurity strategy
"We are rallying our international network of cyber guns to help break the business model of ransomware and cybercrime," says home affairs minister Clare O’Neil.
-
- November 22 2023
IAG Australia hires Liberty’s Ashley Leszczuk as lead liability underwriter
Sydney-based Leszczuk will start his new role on November 27.
-
- November 22 2023
Markel set to build out marine cargo, general casualty lines in Asia
The specialty (re)insurer's underwriting leaders discuss the carrier's regional growth plans, Australian ambitions and India outlook.
-
- November 22 2023
Chubb Australia names Andrew Whitlock as senior casualty underwriter for major accounts
Whitlock, who was most recently senior casualty underwriter for corporate and construction at Chubb's London office, will relocate to Sydney to assume his new role.
