News Page 143 / 1049
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- July 10 2024
Toa Re FY 2023 net income up six-fold on investment gains
The group's net written premiums dropped 12.5% to JPY280.8bn (US$1.7bn), as its US and European subsidiaries reversed their losses posted a year ago.
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- July 10 2024
ASIC outlines US$14.4m estimated levies for Australian insurance industry
For Australian insurers, the estimated funding levy is US$8.9m. The regulator's focus in FY2023-24 for the general insurance sector was on enforcement action against claims handling and misconduct related with home insurance.
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- July 10 2024
Axa elevates Torsten Blake Bohm as CIO for Hong Kong, Macau
Bohm, who has held a number of senior roles with Axa in Hong Kong, replaces Fanda Ho, who is understood to have left the carrier.
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- July 10 2024
Aon promotes Marguerita Silitonga to Indonesia president director of reinsurance solutions
Jakarta-based Silitonga will be responsible for driving growth and managing all operations in the country. She reports to Musa Adlan, executive director and head of Aon's Reinsurance Solutions in South-East Asia.
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- July 10 2024
India’s ACC approves appointments of executive directors at eight public sector insurance firms: report
These include appointments of top executives with tenures ranging from less than a year to four years.
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- July 10 2024
Crawford hires Curtis Oakes as New South Wales business development manager
With over 15 years of industry experience, Sydney-based Oakes has spent time working at global insurers such as QBE, and Aviva
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- July 10 2024
Chubb promotes Marcos Gunn as head of APAC, Paul McNamee as president of overseas GI
McNamee will be in charge of Chubb's general insurance business in 51 countries outside of North America, as Marcos Gunn will succeed his previous role as head of Asia Pacific, both effective immediately.
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- July 9 2024
Liberty Mutual’s casualty veteran Noel MacCarthy steps down after 25 years
As one of the first employees in Asia Pacific for Liberty Mutual, MacCarthy has been influential in shaping the region's casualty business for the carrier.
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- July 9 2024
Civil unrest, terrorism threats linger as Paris Olympics opens doors to 11 million visitors: WTW
The Games could point to more political violence losses as the anti-pension reform protesters have threatened to undermine the hosting of the event.
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- July 9 2024
Mapfre Re promotes Alberto Estévez Allegue to Tokyo chief representative officer
Estévez Allegue, who has been with the reinsurer for over 12 years, was most recently project development expert director at the carrier's APAC regional management based in Madrid.
