News Page 109 / 1058
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- September 30 2024
Typhoon Krathon expected to make ‘rare’ direct hit on Taiwan’s western plains
The tropical storm, likely to intensify into a super typhoon, is forecast to hit the major port city of Kaohsiung early on October 2 and make its way to Japan.
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- September 30 2024
Dual New Zealand promotes Richard Robinson to head of motor
Auckland-based Robinson has worked at the Howden-owned MGA for three years and was senior property underwriter before the latest appointment.
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- September 30 2024
Seadrif targets Asean expansion as it ramps up advocacy to tackle bottlenecks
While it has achieved success in Laos, a significant protection gap persists in the region, highlighting the need for improved data management and government support for effective disaster risk solutions, chairman Yoshihiro Kawai tells IAN.
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- September 30 2024
Fidelis eyes ‘BRICS+’ push with new property specialist MGA
The group's MGA platform Pine Walk has hired Kelly Sanders as CUO to found Seraphina, which will focus on international property business with a focus on the emerging markets.
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- September 30 2024
Japan P&I Club announces major leadership reshuffle
Riki Yamamoto, Kyoko Sakamoto, Yoji Tanaka and Shigeru Yamada are all part of the organisational reshuffle following the split of the Tokyo underwriting department into Tokyo underwriting department I and Tokyo underwriting department II.
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- September 27 2024
Sompo Japan sustains strong operating performance: AM Best
The insurer has demonstrated strong operating performance, reflected in consistent growth in premium income and a five-year average return-on-equity ratio of 8.9% for the fiscal years 2019 to 2023.
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- September 27 2024
Samsung P&C China to post underwriting losses for next two years: S&P Global
S&P Global Ratings affirmed its "A" rating on the insurer with a "stable" outlook under its revised capital model.
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- September 27 2024
Typhoon Yagi triggers first-ever insurance payout for Red Cross’ global disaster fund
Asia's most powerful typhoon this year has tipped the disaster response fund run by International Federation of Red Cross and Red Crescent Societies over the deductible threshold at US$38.9 million, triggering its first-ever payout.
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- September 27 2024
Parametrics can complement reinsurers’ capital protection platforms
Guy Carpenter’s Jeremy Waite discusses how index-based products can fill the protection gap left by indemnity insurance from deductibles, excluded perils, scarce capacity and contingent business interruption.
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- September 27 2024
Q&A: Sustainability considerations a key theme for Asean carriers, says Malaysian Re’s Azhari
The Malaysian reinsurer’s president and CEO Ahmad Noor Azhari lays out the regional insurance landscape and charts the carrier’s strategic ambitions in an exclusive chat with IAN.
