News Page 130 / 1123
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- January 6 2025
IRDAI seeks a listing roadmap from large insurance carriers: report
The Insurance Regulatory and Development Authority of India wants large carriers, including Bajaj Allianz, Kotak Mahindra Life and HDFC ERGO, to present a plan to list on the country’s bourses within the next two to three years.
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- January 6 2025
Guy Carpenter’s global property cat ROL index down 6.6% in first fall since 2017
Asia Pacific experienced the steepest decline at the renewals, down 7.2%, while the US fell by 6.2% and Europe by 5.3%, the broker said.
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- January 6 2025
Lockton taps Price Forbes’ Christina Ong as Asia executive director
Singapore-based Ong will help strengthen specialty offerings in the region, the broker said.
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- January 6 2025
Sedgwick shuffles Asian leadership group with key moves in Taiwan, Japan
Global adjuster promotes Cameron Lee to chief executive officer in Taiwan, with Shuji Tanaka taking up a new role in Japan.
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- January 3 2025
India’s Tata AIG appoints Amit Ganorkar as MD, CEO
Ganorkar, who rejoins the firm, had officially taken charge as of January 1 after succeeding Neelesh Garg.
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- January 3 2025
Labuan Re names Zaid Aziz Ibrahim as officer in charge following CEO exit
Kuala Lumpur-based Ibrahim currently serves as the chief underwriting officer and has been with the company since 2020.
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- January 3 2025
Exclusive: Tyson Vickery takes up role as global placement leader for Marsh Europe
Vickery, who was placement leader for Marsh Asia, officially started in the new role on January 1 and is relocating to Zurich, he confirms to IAN.
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- January 3 2025
India’s GIC Re to see underwriting losses come down in 2025: chairman
Ramaswamy Narayanan says India’s national reinsurer will look to improve its combined ratio to 110% by March.
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- January 3 2025
Hong Kong-based MGA Hawkes Bay Underwriting resumes status as Lloyd’s coverholder
Resumption will enhance marine capacity to US$10 million, chief operating officer and head of marine specialty Manson Ma says.
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- January 2 2025
2024 ‘the year of the floods’, Cresta says, as 8 cat events top US$1bn
Noto earthquake in Japan in January last year only event in Asia to meet US$1bn threshold, according to the industry loss data provider.