Country: Pacific Page 78 / 113
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- August 9 2021
Suncorp veteran departs after 35 years
Commercial and intermediaries GM Darren O’Connell has left the Australian insurer.
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- August 4 2021
Westpac to sell its life unit to Dai-ichi in US$1bn deal: report
Bloomberg report says official deal announcement could come by the end of August.
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- August 4 2021
RGA sees APAC Q2 loss as Covid claims bite in India
The US-based reinsurer, however, described its experience in the region beyond the pandemic as "favourable".
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- August 3 2021
APRA stress tests show (re)insurers’ resilience amid Covid-19
The regulator says there is room to improve stress testing capabilities across the insurance industry.
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- August 3 2021
Singapore syndicates and UK-based MGAs eye Australia
Lloyd's webinar highlights strong rate increases in D&O and PI lines down under.
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- August 3 2021
Brokerslink adds new task force to steer Asia-Pacific growth
The group's new Asia-Pacific task force aims for greater regional visibility.
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- August 2 2021
Descartes Underwriting opens offices in Australia and Singapore
The French climate risk-focused MGA is expanding its operations to the Asia-Pacific region.
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- August 2 2021
Australia’s class-action exposure pushes insurers’ reserves higher
Professional indemnity and public liability lines could see adverse long-tail losses.
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- July 30 2021
Liberty Specialty Markets makes two APAC leadership changes
Vanessa Maher takes on Australia chief risk role as Rob Mercer becomes regional claims head.
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- July 30 2021
Insurtech fund-raising hits US$7.4bn in H1 2021
WTW report shows the first half of the year has surpassed 2020's total of US$7.1bn.
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- July 28 2021
Asia pricing saw 6% growth in Q2: Marsh
The increase was driven by property, financial and professional lines.
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- July 26 2021
New Zealand seeks feedback on interim insurer solvency standards
Stakeholders will have until October 1, 2021 to share their views with the central bank.
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- July 26 2021
Berkley Re Asia chief adds Australia CEO role to mandate
Glen Riddell is expected to assume the dual role before the end of the year.
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- July 23 2021
IAG expects FY 2021 net loss of A$427m
The Sydney-based giant indicates it made A$33m profit in H2 of the fiscal year ending June 30.
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- July 23 2021
Steadfast takes majority stake in Northern Territory broker
Deal for AFA Insurance Brokers is a "stepping stone" into the NT, said Steadfast CEO Robert Kelly.
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- July 22 2021
Canterbury flood claims surpass US$30m
The May 29-June 1 flooding has been described as a ‘one in 200-year event’ by a climate scientist.
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- July 20 2021
IAG appoints Zurich’s Tim Plant as chief insurance & strategy officer
Justin Delaney to replace Plant as head of Zurich's Australia and NZ general insurance operations.
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- July 19 2021
APRA asks general insurers to self-assess amid BI concerns
The regulator wants insurers to review the soundness of their risk management frameworks.
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- July 15 2021
Asia’s energy insurers eye green hydrogen boom
New plants and pipelines worth billions of US dollars will need innovative risk solutions.
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- July 12 2021
Tropical Cyclone Seroja to cost insurers US$324m: Perils
The loss figure for the Australian market covers both property and motor hull lines of business.
