News Page 119 / 1104
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- December 9 2024
KDIC picks Meritz Fire & Marine as preferred bidder for MG Non-Life sale
The bidder gets an exclusive negotiation period to complete the acquisition of the state-owned insolvent carrier.
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- December 9 2024
Meritz Fire & Marine’s strong earnings to support its risk-adjusted capitalisation: AM Best
The rating agency has affirmed financial strength rating of ‘A’ (excellent) and a long-term issuer credit rating of “a” (excellent) of the carrier with a stable outlook.
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- December 9 2024
HDI Global Australia brings onboard ex-QBE Geoff Pratt as aviation underwriting manager
Pratt, who was aviation manager for the northern region and business relationship manager for the Australian insurer based in Brisbane, will relocate to Sydney for the new role.
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- December 9 2024
Charles Taylor strengthens Australasia presence through associateship with Carter Briggs Hurle
The associateship will support management of large and complex claims across Australia, New Zealand and the Pacific Islands.
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- December 9 2024
Pricing, deductibles and wordings under pressure in Australian financial lines market
The integration of cyber with financial institutions products hold up the rates because there aren't many markets offering this solution, says IQUW’s Tristram Prior.
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- December 9 2024
Exclusive: APAC head Simon Weaver to leave WTW
Singapore-based Weaver has been in charge of the broker's corporate risk and broking business for Asia Pacific since January last year.
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- December 9 2024
Aon elevates Titus Wu as associate director, Hong Kong reinsurance
Wu was most recently retrocession broker, Greater China for the firm.
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- December 9 2024
Starr Insurance appoints Gerald MacDonald as APAC CUO
Singapore-based MacDonald was earlier underwriter at Renaissance Re and Aspen Re.
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- December 9 2024
Fairfax-owned Singapore Re’s operating performance supported by prudent underwriting
The rating agency has affirmed the financial strength rating of A (excellent) and the long-term issuer credit rating of “a” (excellent) for the reinsurer with stable outlook.
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- December 9 2024
Investment income key profitability driver for China Taiping Hong Kong: AM Best
AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (excellent) for China Taiping Insurance (HK) with a stable outlook.
