News Page 14 / 1076
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- May 22 2025
Lockton promotes Piers Hughes to head of placement for Asia
Singapore-based Hughes has been with Lockton for almost five and a half years.
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- May 22 2025
Lloyd’s elevates Janus Cheung to head of market development for Asia
Singapore-based Cheung has been with Lloyd's for almsot two and a half years.
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- May 22 2025
Philippines’ insurance penetration grows to 1.89% in Q1 2025: IC
The Insurance Commission attributed the improvement to the faster premium growth, with the non-life NWP rising 19.3% to US$365m, mostly supported by the motor and fire lines.
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- May 22 2025
Axa XL gives Jamie Chambers expanded role as greater China CEO
Chambers will continue to lead Hong Kong business while also taking on broader leadership responsibilities across China, Macau, and Taiwan.
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- May 22 2025
Australian competition watchdog clears IAG’s RACQ acquisition
ACCC said Suncorp, Allianz and QBE, and newer entrants such as Youi, Auto & General, and Hollard will continue to compete in Queensland.
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- May 21 2025
Axa XL promotes Tavpraneet Singh to CUO for international financial lines, APAC and Europe
Singh will be responsible for the underwriting strategy for professional indemnity, management liability, financial institutions, cyber, and M&A.
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- May 21 2025
‘One-in-500-year’: ICA declares NSW flooding a significant event
Event may be escalated to an insurance catastrophe if there is a significant increase in claim numbers or complexity, the Insurance Council of Australia (ICA) says.
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- May 21 2025
Marsh appointed broker for Royal Australian Navy’s maritime insurance program
Program may include six new Hunter-class frigates, three Hobart-class destroyers, 11 new general-purpose frigates, six new large optionally crewed surface vessels, as well as naval infrastructure precinct in South Australia.
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- May 21 2025
India’s competition regulator approves Bajaj’s acquisition of Allianz JV stakes
Allianz CFO Claire-Marie Coste-Lepoutre affirmed that the insurer is considering deploying a portion of the proceeds into the Indian market over time.
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- May 21 2025
MSIG Singapore names Jerry Pai as senior vice president, head of corporate distribution
Pai, who has over 20 years of senior leadership experience in financial services, joins from St. James' Place.
