News Page 123 / 997
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- May 2 2024
IRDAI’s set to approve Hinduja‘s acquisition of Reliance Capital’s insurance units: report
The regulator's approval is key to the conclusion of Reliance Capital's ongoing bankruptcy proceedings within the time-frame prescribed by a local tribunal.
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- May 2 2024
Chubb promotes Kate Burke to international personal lines head for APAC
Singapore-based Burke will be responsible for growing the insurer’s motor, residential, specialty and high-net-worth business lines across the region.
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- May 2 2024
Markel’s Australian finpro build out bets on ‘harder’ mid-market PI
The carrier aims to grow its onshore footprint in the professional indemnity market in the next two to three years with “a real spread of risks” and eventually expand its portfolio into other financial lines segments when markets turn.
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- May 2 2024
Sedgwick builds specialised global aviation claims and adjusting service
The adjusting and surveying solutions will be offered from its hubs worldwide including APAC.
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- May 2 2024
Australian MGA Agile’s syndicate gets final Lloyd’s nod to start underwriting
Asta-managed Syndicate 2427 will focus primarily on Australia and New Zealand and write accident and health, aviation, casualty, construction, financial lines and property business.
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- May 1 2024
Russian oil price cap ‘unenforceable’, says IG P&I
Over 800 tankers have left to join the so-called "shadow fleet", according to an International Group statement to a UK parliamentary hearing.
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- April 30 2024
Singapore’s Income Insurance debut on digital securities exchange
Trading on platform AltaX provides liquidity to the insurer's almost 16,000 shareholders, who hold stocks valued at about US$619m.
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- April 30 2024
China’s insurers see US$96.5m in reported claims from week-long Guangdong rainstorm
As of April 28, a total of 34,700 cases were filed to insurers in the southern province of China and the carriers have paid out a third of it amounting to US$28.4m.
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- April 30 2024
HDI Global hires Richard Upton to head financial lines in New Zealand
Joining from Zurich, Auckland-based Upton will focus on building the company’s financial lines portfolio in the New Zealand market.
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- April 30 2024
APAC accounts for nearly half of global economic losses in Q1 2024: Aon
The global (re)insurance sector is bracing for an "extremely active" Atlantic hurricane season driven by record-breaking land and ocean temperatures.
