News Page 148 / 1070
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- August 9 2024
Marsh elevates Eliza Grant to head of transactional risk for Pacific
Sydney-based Grant joined Marsh in 2021 as a senior transactional risk advisor for private equity and M&A.
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- August 9 2024
Opinion: WHO’s call for concerted push to prepare for next pandemic a timely warning
As infectious diseases remain a key risk for the region, having learned from the Covid-19 pandemic, insurers must not take eyes off the ball.
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- August 9 2024
Nexus strengthens Asia A&H reinsurance practice with Chubb hire
Low joins Nexus from Chubb where she was product manager, Bancassurance (Asia Pacific) for more than six years.
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- August 9 2024
Tower upgrades FY 2024 NPAT guidance to US$27m
The updated guidance assumes full utilisation of the FY 2024 large events allowance, which is set at US$27m.
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- August 8 2024
Zurich APAC H1 premiums up 9%, COR climbs marginally to 93.7%
Top line increase driven by strong retail growth, however, rising commission costs from a recovery in travel business in the region hurts bottom line.
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- August 8 2024
Asia’s buyer-friendly market to stay as pricing remains flat in Q2: Aon
US-related and nat cat-exposed property risks remained challenging across most markets in the region, although Hong Kong and China stood out with modest price reductions, the broker said in its Q2 market insights report.
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- August 8 2024
Japanese insurers to raise fire insurance premiums from October: report
The big four plans to corporate premiums by up to 15% because of deteriorating profitability in their fire insurance line.
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- August 8 2024
Nepal’s Air Dynasty helicopter crash leads to US$1.4m total loss
The chopper was insured with Sagarmatha Lumbini Insurance, which already had four helicopter losses in the country in 2023, and Nepal Reinsurance is the reinsurer involved in the latest crash, IAN understands.
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- August 8 2024
Lockton New Zealand takes Marsh’s Colin McCulloch as client director
Auckland-based McCulloch has been with Marsh for more than 28 years as principal providing insurance broking and risk advisory services to large and complex public sector and corporate organisations.
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- August 8 2024
Hiscox terminates sale of DirectAsia to Ignite Thailand
The deal was pulled due to failure in meeting customary conditions and regulatory approvals, however, the Lloyd's player said it is "exploring other options" for the Asian retail business.
