News Page 113 / 1089
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- November 19 2024
Lloyd’s Asia set to see new entrants in 2025 as it races to US$1bn GWP mark
The platform is keen to attract local capital and create more opportunities for syndicates to collaborate across the APMEA region, says regional CEO Emma Loynes.
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- November 19 2024
Generali GC&C hires Nicholas Selff from Chubb as head of underwriting for Asia
Selff, who has relocated to Hong Kong, started with the insurer's leadership team on November 18.
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- November 18 2024
Tugu Re’s property, credit businesses adds volatility as 2023 COR rises to 107%: Fitch
The global rating agency has affirmed Tugure’s rating at 'A+(idn)' with a stable outlook.
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- November 18 2024
India set to allow 100% foreign direct investment in insurance: report
The measures are part of the Insurance Amendment Bill that is proposed to be introduced during the winter session of Parliament that kicks off later this month.
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- November 18 2024
ICICI Lombard’s Alok Agarwal to take charge as Zurich Kotak managing director & CEO
Mumbai-based Agarwal will replace Suresh Agarwal who will be transitioning to a new role within Zurich Insurance Group.
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- November 18 2024
PCRIC secures US$2.6m grant from Global Shield Solutions Platform
The funding from the climate change-focused multi-donor grant facility will be used to support product, development, research, education and eventually, scholarships.
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- November 18 2024
Taiwan prohibits vessels covered by four insurers from commercial seaports
The action follows the carriers' – Ascent, Edinburgharian PANDI Management, Polaris and Arsenal – failure to resolve shipwreck-related disputes.
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- November 18 2024
SRG taps Allianz’s Jaya Taylor as global regulatory affairs leader
Taylor joins from Allianz Global Corporate and Specialty (AGCS), where she was the global compliance officer based in London.
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- November 18 2024
Exclusive: Hannover Re appoints Avijit Ghosh as India CEO amid leadership reshuffle
Ghosh, who was CUO, will replace GLN Sarma, meanwhile, special project manager for the reinsurer's India branch Christian Schoen will relocate to China, IAN understands.
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- November 18 2024
China Re’s overseas P&C business posts robust growth, says AM Best affirming its rating
The rating agency noted Chaucer continues to be the major driver of overseas non-life reinsurance revenue.
