News Page 152 / 1049
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- June 24 2024
Steadfast promotes Nick Cook and hires Swiss Re veteran Mark Senkevics
The senior management rejig at the Australian broker gives Cook a broader role across Australasian networks, broker and insurer services, as it brings in Senkevics to oversee MGAs, reinsurance and life. It also names new heads of operations and IT.
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- June 24 2024
McLardy McShane lands Aon’s Brendan Wright as Melbourne broking manager
The Australian broker's newly formed role will see Wright managing a portfolio comprising of the branch’s largest accounts and working to grow and develop the remainder of the branch.
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- June 24 2024
Singapore oil spill losses set to rise as slick hits Malaysian waters
Malaysian authorities confirmed oil slick sightings at Sungai Rengit and Teluk Ramunia in Johor; while Singapore said it will seek compensation from owners of British Marine-insured Marine Honor.
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- June 24 2024
MS First Capital appoints Vikas Shukla as CEO
He assumes the role at the MSIG Asia company following the passing away of chief executive Ramaswamy Athappan last month.
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- June 24 2024
InsuResilience expands India parametric rainfall cover with further premium support
In 2020, ISF co-funded the development and implementation of the excess rainfall cover for India north-eastern state of Nagaland.
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- June 24 2024
Australian cyclone pool kicks off strata premium rate review
The main change being considered is the introduction of mitigation discounts on wind premium rates for eligible strata policies to improve incentives to reduce and mitigate risk.
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- June 21 2024
China Re extends US$85.4bn cover to Belt & Road projects via reinsurance pool: report
Through China Belt & Road (B&R) Reinsurance Pool, the reinsurer has been providing risk protection to over 1,000 Chinese corporates' offshore projects over the past three years, president Zhuang Qianzhi says.
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- June 21 2024
Chinese insurtech Huize to buy controlling stake in Vietnamese startup Global Care
The deal marks Nasdaq-listed Huize's foray into the South-East Asia market and will introduce VinaCapital as a strategic shareholder of the Shenzhen-based insurtech.
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- June 21 2024
Aon promotes Tracy-Lee Kus as head of its global broking centre
Kus, who was most recently head of commercial risk for Asia Pacific and head of North Asia at the broker, will relocate to London for the new role.
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- June 21 2024
Ansvar’s reinsurance program limits downside risks from PSA, weather claims : AM Best
AM Best has affirmed insurer rating of A- (excellent) with a stable outlook.
