News Page 130 / 1089
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- October 21 2024
Miller reinforces Japan non-marine business with senior Marsh hire
Satoshi Watanabe will be responsible for expanding the broker’s non-marine arm, reporting to Tokinori Kono, head of non-marine broking for the firm's Japanese arm, Lead Insurance Services.
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- October 21 2024
Chubb strengthens Asia climate focus with Aon veteran hire
Singapore-based Yashaswi Sinha joins the carrier as climate+ industry practice leader for Asia.
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- October 21 2024
Starr Insurance receives regulatory nod for Seoul branch
The carrier's new branch will be led by Aon veterean Paul Choi and it will offer commercial P&C products across Korea.
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- October 21 2024
South Korea’s Construction Guarantee members facing liquidity pressure: AM Best
The rating agency has downgraded the surety underwriter's outlook to negative from stable while affirming its rating at A+ (superior).
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- October 21 2024
Material headroom for growth in Asian financial and professional lines: Markel
Despite softening and macro challenges in some markets, areas like Hong Kong, Singapore and India are slightly further afield offering strong opportunities.
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- October 21 2024
Axa XL grows Australia presence with three senior hires in Perth
It has hired senior underwriters Chris McElroy from BHSI for property, Amanda Rattue from Vero for financial lines Trent Jeuring from Chubb for casualty.
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- October 18 2024
WTW taps Tatsuro Nakamura as Japan head of construction
Nakamura, who joins from Starr Indemnity and Liability, will support the broker's One WTW strategy, working with regional and global clients.
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- October 18 2024
China approves BNP Paribas, Volkswagen property insurance JV
The National Financial Regulatory Administration, the country's regulator, has given the nod for the creation of insurance JV in Beijing between the French lender and the German carmaker's financial services arm in the country.
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- October 18 2024
Australian flood inquiry report makes 86 suggestions after insurers’ ‘collective failure’
The Parliamentary inquiry into carriers' flood response highlights mishandling of cases, inconsistent decision making and long delays, and calls for government intervention to mitigate risk related to the fast-growing number of uninsurable properties,
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- October 18 2024
Dah Sing Insurance rebalancing its underwriting portfolio to improve performance: AM Best
The rating agency has affirmed A- (excellent) rating for the insurer with a stable outlook driven by a very strong balance sheet, adequate operating performance and parental support from Dah Sing Financial Holdings.
