News Page 138 / 1037
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- June 27 2024
Japanese non-life industry underwriting income tops US$1bn in 2023: GIAJ
The industry’s combined ratio in 2023 decreased by 0.6 percentage points to 96.9% from a year ago, data from the industry body shows.
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- June 27 2024
Japanese insurers may raise voluntary motor premiums in 2026: report
General Insurance Rating Organisation of Japan, the country's only premium rating organisation, plans to raise its reference premium rates for voluntary motor insurance by an average of 5.7% as early as January 2026.
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- June 27 2024
UIB Asia expands regional team with senior Aon and Marsh hires
The reinsurance broker has brought in Aon's Richard Oh as head of operations and marine reinsurance and Marsh's Tong Nee Saw as head of the facultative and specialty division.
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- June 26 2024
Zurich to buy AIG travel insurance business for US$600m
The Swiss insurer will add AIG's Travel Guard brand to Cover-More, which will take the business to a combined annual GWP of about US$2bn.
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- June 26 2024
SBI General Insurance appoints former banker Naveen Jha as managing director and CEO
Jha was formerly deputy managing director of the insurer's parent, state-owned lender State Bank of India.
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- June 26 2024
Mitsui Sumitomo plans to merge continental European subsidiaries
The Japanese insurance group has announced that it will integrate MS Amlin Insurance and MSIG Insurance Europe by summer next year.
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- June 26 2024
HDI Global hires Natalie Miladinski from Chubb for APAC cyber build-out
Sydney-based Miladinski has been appointed cyber underwriting manager for Asia Pacific.
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- June 26 2024
HDI Global combines ANZ commercial, specialty leadership with Stefan Feldmann in charge
Feldmann has been handed the additional charge after Mark Fleiser left the business following an organisational restructure in the region.
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- June 26 2024
Zurich aims to grow India headcount 40% following Kotak acquisition: report
In three years, the insurer will hire people in commercial underwriting, distribution and digital development, according to APAC chief executive Tulsi Naidu.
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- June 26 2024
Taiwanese insurers set to debut dedicated EV insurance in July: report
Cathay Century Insurance, MSIG Mingtai, Shinkong Insurance, Union Insurance, and Taian insurance are preparing to launch the specialised cover with premiums at 5-10% higher than conventional gas-powered cars.
