News Page 125 / 1195
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- June 11 2025
South Korea slashes recommended CAR for insurers to 130%: report
Financial Services Commission will remove requirements related to net loss and insurance operating loss from the conditions for reversing emergency risk reserves.
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- June 11 2025
Samsung Fire & Marine to buy additional 21% stake in Canopius
Transaction will increase the Korean insurer's total share to 40%.
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- June 11 2025
Kiwi insurer Tower confirms Paul Johnston as CEO
Johnston, who has been interim CEO since February, will start in the new role from Wednesday.
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- June 11 2025
Australia’s NTI names Janelle Greene as CEO
Greene, currently NTI’s chief customer officer, will succeed veteran Tony Clark, who has served as CEO for 18 years.
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- June 10 2025
Jon Holmes to succeed Steve Randall as CEO of Shipowners’ Club Singapore branch
Randall is set to retire after 48 years of service, while Jeremy Slater will assume the role of underwriting director for the P&I Club's Singapore branch.
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- June 10 2025
Allianz Commercial appoints Hydor as MGA for APAC marine liability insurance
Hydor will quote and bind policies for all marine liability products, including property, handling equipment, hull and machinery, port craft and service boats.
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- June 10 2025
India’s GIC Re proposes ‘parametric insurance’ umbrella: report
Country’s largest reinsurer is in talks with the central government to offer countrywide parametric cover.
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- June 10 2025
Howden Australia lands AIG veteran Grant Sheppard as head of marine and logistics
Sydney-based Sheppard spent 23 years at the insurer, most recently as head of marine for Australasia.
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- June 10 2025
Exclusive: RiskPoint hires AIG’s George Blackborow as head of W&I in Asia
Blackborow will join the transactional risk team in Singapore to strengthen MGA's regional offering, APAC MD Maria Steeples exclusively confirmed to IAN.
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- June 10 2025
BHSI Australia expands into life science, biotech, pharmaceutical management liability
The new policy, designed for the research and development ecosystem, covers directors and officers, scientific and medical advisory boards and private capital raisings and is not excluded in the event of insolvency.
