News Page 121 / 1237
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- September 5 2025
Hong Kong’s Peak Re to maintain favourable underwriting profitability: AM Best
AM Best has affirmed a financial strength rating of A- (Excellent) and long-term issuer credit rating of a- (Excellent) to Peak Re and its subsidiaries, with a stable outlook.
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- September 5 2025
Australian carriers’ US$1.6bn reinsurance spend saves US$46bn in capital: Actuaries Institute
A paper published by the institute noted Australian insurers have fewer choices when it comes to the range of reinsurance products they can use to gain regulatory credit.
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- September 5 2025
Exclusive: Howden snaps up 40-year Marsh veteran Rebecca Poon
Hong Kong-based Poon, who was managing director at Marsh, has been appointed chief client officer.
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- September 4 2025
Cat bond issuance boom will roll into 2026: Moody’s
Global cat bond issuance to top US$20bn in 2025 and is 'expected to persist' into next year.
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- September 4 2025
Lockton duo join Gallagher Re’s Australia team
Former Lockton partners Max Garratt and Russell Hails have joined Gallagher Re as executive directors in Sydney.
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- September 4 2025
Aon promotes Qin Lu to head of North Asia, Andrew Minnitt to head of Southeast Asia
Pair will expand their current roles to lead the newly-created North Asia and Southeast Asia subregions.
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- September 4 2025
IAG’s acquisition of RAC Insurance sparks antitrust concerns
Antitrust regulator warns of reduced competition in the supply of motor and home insurance in Western Australia.
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- September 4 2025
Allied World names Jolene Chua vice president for Asia A&H
Chua was previously employed at Sompo Insurance Singapore, where she held various roles for over five years.
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- September 4 2025
MG Non-Life’s bridge insurer starts operations
South Korean regulator transfers all insurance contracts and assets to Yebyeol Non-Life Insurance and all MG Non-Life Insurance operations have been suspended.
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- September 4 2025
BHSI promotes Anna Spink to head of marine for Australasia
Sydney-based Spink joined BHSI in 2018 and was most recently national manager for corporate property.