News Page 127 / 1031
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- July 9 2024
+8 Partners ropes in Eric Fady as strategic advisor
With over 20 years of experience, Fady will advise the (re)insurance intermediary on financial strategy, acquisitions and major financial transactions.
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- July 8 2024
Tokio Marine Kiln taps Zurich’s Yang Yixiang as head of Asia Pacific A&H
The appointment is aligned with the specialty insurer's strategy of doubling its premiums written in the region through its Lloyd’s Asia platform by 2027.
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- July 8 2024
Insurance claims from southern China heavy rain and floods hit US$344m: report
Insurers have settled about a third of the total claims filed. The heavy rain and floodwaters in Hunan breached a stretch of the dyke of China's second-largest freshwater lake.
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- July 8 2024
India’s general insurers pull back from state flagship crop insurance scheme in FY 2024: report
Gross premium fell 4.2% to US$3.7bn for the 12 months ended March 2024, at a time when farmers were grappling with heavy crop losses due to floods, unseasonal rains and heatwaves.
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- July 8 2024
Marsh promotes Katie Stephenson to head of corporate & commercial for Queensland
Brisbane-based Stephenson has held various positions at Marsh and was its corporate commercial leader for Northern Territory before the promotion.
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- July 8 2024
Pacific Islands captive PCRIC’s FY2023 net underwriting profit down 5%
Thanks to a World Bank grant support it recorded a US$1.4m surplus for the year. The company sold a total of eight policies while incurring zero claims.
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- July 8 2024
PSC Insurance Brokers elevates Kylie Stephens to managing principal
Darwin-based Stephens was previously a senior account manager at the Australian broking group which she joined in September 2023.
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- July 8 2024
HDI Global hires Sangeeta Chandra as Queensland marine underwriting manager
With over two decades of the industry experience, Brisbane-based Chandra joined from Steadfast Group-backed NM Insurance.
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- July 8 2024
Australian MGA Artisan Underwriting partners with Liberty Specialty Markets on finpro cover
The MGA, set to launch in August, has signed a three-year binding agreement with the specialty insurer to provide financial lines cover for start-ups and SMEs.
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- July 6 2024
APAC to account for 8% of non-US cyber premium growth by 2030: Howden
Despite cyber insurance pricing dropping by 15% from the 2022-peak, growth opportunities abound especially among new geographies such as Asia Pacific, and niche segment such as SMEs, Howden said in its annual cyber report.
