News Page 137 / 997
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- April 3 2024
Andreas Berger to take charge as Swiss Re group CEO as Mumenthaler steps down
Berger, who is currently heading Swiss Re CorSo, will assume the group role from July 1.
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- April 2 2024
Swiss Re CorSo elevates Stephanie Wong as South-East Asia head of casualty and finpro
Singapore-based Wong was earlier a senior casualty underwriter and vice-president at the insurer.
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- April 2 2024
Sompo’s Kenneth Reilly takes over from Daniel Neo as Asia Pacific CEO
Reilly, who will relocate to Singapore, will retain his current role as head of Tokyo office for the carrier.
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- April 2 2024
Noto earthquake is the only billion-dollar event in ‘benign’ Q1: Cresta
The January 1 earthquake in Japan has an estimated US$1.9bn insured loss, according to the insurance industry organisation.
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- April 2 2024
Malakut sets up Japanese insurance brokerage department, names Sogo Yasuda as head
Prior to joining Malakut, Yasuda was the chief commercial officer, Japan Global Solutions (Europe, Middle East and Africa) at AON for more than three years from October 2021.
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- April 2 2024
Markel launches PI cover in Australia with localised wordings
The carrier will write professional indemnity policies for Australian-domiciled businesses across six sectors including construction, accounting, insurance and media.
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- April 2 2024
IAG appoints Robert Cutler as group general counsel
Cutler joins from Clayton Utz, where he was its chief executive partner, and replaces Karen Ingram who has been the interim GC following Peter Horton's departure in December last year.
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- April 2 2024
IAG New Zealand confirms new chief risk officer following executive team rejig
Rachel O’Brien will take over as CRO for the carrier, while former CRO Martin Hunter will take up a new role and Wayne Tippet will return as executive general manager for claims.
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- April 2 2024
Hanoi Re’s expense ratio to stay elevated: AM Best
AM Best has revised the company’s outlook to positive from stable, and affirmed its "B++" (good) which accounts for the enhancement from its parent, HDI Global.
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- April 2 2024
MS&AD completes US$200m dual-tranche Singapore cat bond for Japan nat cats
The bonds will provide Mitsui Sumitomo and Aioi Nissay Dowa with US$100m each of protection for four years.