News Page 120 / 1070
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- October 2 2024
HDI Global risk consulting arm announces two senior promotions in Australia
Jamie Haider has been promoted to risk engineering manager, Australasia, effective October 1 and Philipp Glanz will step up to the role of managing director for the global HDI risk consulting group.
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- October 2 2024
IAG announces massive job cuts amid teams restructure: report
The layoffs will affect 214 roles across underwriting, direct claims, distribution and digital business in its direct and intermediated insurance businesses.
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- October 2 2024
Typhoon Shanshan claims climb to US$180m in Japan
Fire insurance losses accounted for the bulk of 90% of the claims paid out and 85% of claims filed after the strongest typhoon to hit the country in decades made landfall in south-west Japan on August 29.
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- October 1 2024
Seadrif’s Typhoon Yagi pay out in Laos tops US$3m
The extended flood impact triggered a second parametric payout of US$2.25 million on September 30, just a week after the initial pay out of US$750,000 was made to the ministry of finance.
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- October 1 2024
Everest appoints Jason Chua as senior claims specialist for short tail
Singapore-based Chua joins the insurer from Axa XL, where he was a claims specialist.
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- October 1 2024
Hannover Re confirms Blake Dimitrijevic as Australia MD
As first reported by IAN in July, Dimitrijevic joins from Guy Carpenter and succeeds Michael Eberhardt, who was appointed managing director and chief underwriting officer for Hannover Re Bermuda.
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- October 1 2024
NFRA unveils special insurance initiative for Chinese tech enterprises
The regulator's goal is to enhance offerings for businesses at various stages of their lifecycle in different areas, such as cybersecurity and R&D loss insurance.
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- October 1 2024
MGA incubator Rhodian takes Allianz team to launch marine specialist in Australia
The MGA Marinex Underwriting is backed by Canopius and will offer cargo, carriers, commercial hull and marine liability products.
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- October 1 2024
Crawford Malaysia names Mohammad Aminuddin as head of Pahang branch
The loss adjuster has also brought in Nazirul Jabri Bin Roslee as senior adjuster as it looks to strengthen its capabilities ahead of the monsoon season.
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- October 1 2024
Analytics: Hong Kong premium growth and claim frequency are converging to normal level: HKIA
According to 2023 data from the regulator, the SAR's general insurance business reported the worst overall loss ratio in five years at 62.8%, while COR sank to a near five-year low after an 8.3 percentage point deterioration year-on-year.
