News Page 146 / 1070
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- August 14 2024
Exclusive: Marsh McLennan Singapore CEO Collin Yap set to leave
The industry veteran is understood to be on gardening leave till end of the year.
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- August 14 2024
KDIC revives Seoul Guarantee Insurance’s listing plans: report
The state-run parent of the Korean guarantee insurer announced that it has filed for a preliminary IPO review on the Korea Exchange.
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- August 13 2024
Sri Lanka central bank chief expects economic recovery to boost insurance demand: report
With the sector contributing just 0.8% to the country’s GDP and penetration rates hovering below 2% over the past decade, there is much room for further growth, according to governor Nandalal Weerasinghe.
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- August 13 2024
PSC Insurance acquires specialist broker Eastern Prudential Insurance
The low-cost accommodation specialist wholesale broker has joined the Sydney office of the ASX-listed broking group.
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- August 13 2024
Newline continues Sydney expansion with Andrew Yeung hire
Yeung, who has been promoted to Australia head of D&O, will relocate to Sydney from Melbourne and work closely with Nick Beswick, head of professional indemnity.
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- August 13 2024
HDI Global raises bet on APAC with specialty, renewable push
The carrier has dialled up its political and credit risks capabilities in Singapore and is eyeing energy transition in ANZ, say APAC head Stefan Feldmann, and Alex Tarantino, MD for Singapore.
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- August 13 2024
New Caledonia unrest claims hit global (re)insurers
Allianz reported about US$284m exposure to the event, with its reinsurance arm also seing losses from the event, while Hannover Re and Scor saw EUR90m and EUR42m in claims, respectively.
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- August 13 2024
Sedgwick strengthens Australia liability team with Crawford hire
Sydney-based Filip Damjanovski joined from Crawford & Co where he was a senior liability general adjuster.
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- August 12 2024
Korea may ask EV makers to declare battery suppliers as car fire claims pile up: report
Insurers have received 600 motor claims from a fire sparked by a Mercedes EV on August 1, forcing the government to consider regulatory changes including battery reliability certification.
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- August 12 2024
Australia’s Colonial First State seeks to add cat bonds to pension portfolio: report
Australian pension fund managers, including Insignia Financial's MLC Asset Management, see robust returns from allocating capital to insurance-linked investments.
