Country: Pacific Page 54 / 103
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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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- September 26 2022
WTW eyes Australia trade credit market with senior hire
Sydney-based Alistair Hewson, who will lead the team, has previously worked at Allianz Trade and Atradius.
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- September 22 2022
Australia’s H1 GI intermediated GWP grew 18% to US$11bn: APRA
US$1.2bn was placed with Lloyd's underwriters, up 10% over the same period last year.
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- September 20 2022
‘Solid’ premium growth to offset claims’ inflation for New Zealand P&C carriers: S&P
The market's average combined ratio to remain in the 87-90% range over the next three years.
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- September 19 2022
Steadfast New Zealand taps PSC exec as broker services manager: report
Christine Martin will join Steadfast on September 19.
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- September 16 2022
New Zealand on course for record extreme weather claims after US$26m July hit
Total claims at the end of July were US$147m, compared to US$195m in the whole of 2021, according to the ICNZ.
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- September 14 2022
Lloyd’s crypto coverholder Evertas enters Hong Kong and Australia
The Chicago-based company uses capacity from Arch Insurance to offer cover against theft or loss of blockchain assets.
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- September 14 2022
Rising cat claims force APAC governments to partner reinsurers: S&P
Government-backed cat pools and widening agri cover are seen as ways to maintain affordability.
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- September 13 2022
Eastern Australian floods insured losses reach US$4.33bn: Perils
The figure is around US$960m higher than the data specialist's last analysis, making it the costliest cat loss event in the country ever.
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- September 8 2022
AUB acquires IAG-owned strata unit in Austagencies build out
Underwriting agency SUU will still get capacity from Insurance Australia Group under a long-term binder agreement.
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- September 7 2022
FM Global’s James Thompson becomes APAC leader as trio promoted
Tan Hian Hong and Andrew Stafford also handed senior operational roles.
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- September 7 2022
Atele Toma to lead Allied World’s APAC A&H underwriting
Former Arch underwriter will oversee the business across Singapore, Hong Kong and Australia.
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- September 6 2022
McLarens New Zealand rejigs senior roles
Danie Keyser has been promoted as head of specialist services and Tim Head has been named northern regional manager.
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- September 6 2022
Rising litigation funding drives higher claims costs in Australia
Social inflation remains far harder to predict than economic inflation.
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- September 5 2022
Chubb’s David Morrow relocates to New Zealand as head of P&C
The former head of Japan P&C is also responsible for financial lines in his new role.
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- September 2 2022
Dual promotes Michael Ussher to Asia Pacific deputy CEO
The MGA has also appointed Jane Cullen as CIO for APAC.
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- September 1 2022
Australian east coast flood losses hit US$3.61bn: ICA
The government launches new body to improve nat cat responses as annual disaster costs expected at US$50bn by 2060.
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- August 30 2022
Lockton rejects Adani’s Carmichael mine deal: report
The broker is the latest (re)insurance firm to distance itself from the controversial project.
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- August 26 2022
Australia’s P&C underwriting profits rose 328% on back of reinsurance recoveries: APRA
Net incurred claims fell 5.1% to US$18.2bn for the year ending June 30.
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- August 26 2022
QBE veteran to take reins at 360 Underwriting Australia
Jason Clarke is set to join as CEO at the Lloyd's coverholder and specialty MGA in November.
