News Page 179 / 1070
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- June 11 2024
Starr Insurance names Coface’s Jun Minorikawa as Japan CEO
Tokyo-based Minorikawa takes over from Ryohei Nakazawa, who left Starr earlier this year to join broker WTW as head of Japan.
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- June 11 2024
Howden India appoints Hanmant Dudle as head of large account practice for property and construction lines
Prior to joining the broker, Mumbai-based Dudle was vice president in charge of large account practice at insurer ICICI Lombard.
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- June 11 2024
Mitsui Sumitomo, Aioi Nissay Dowa to improve underwriting profitability: AM Best
The rating agency has affirmed an A+ (superior) to Mitsui Sumitomo, its US-based operating companies and to Aioi Nissay Dowa Insurance and A- (excellent) to Aioi Nissay Dowa Insurance (China) Company.
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- June 10 2024
AUB picks up 40% stake in UK retail broking network Momentum
The deal gives the Australian intermediary access to an authorised representative network with over 100 partners placing more than US$114m in premium.
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- June 10 2024
Global reinsurance outlook upgraded to “positive” on strong profit margins: AM Best
Global reinsurers' strong underwriting margins and return-on-equity enable them to absorb large losses seen in the first quarter 2024, as the sector outlook improved from "stable" to "positive".
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- June 10 2024
Miller eyes Japan non-marine buildout with senior hire
The specialist broker has appointed Tokinori Kono as head of non-marine broking at its Japanese unit, Lead Insurance.
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- June 10 2024
Bolttech Hong Kong sees service results improve on lower expenses, reserve release: Fitch
The rating agency affirmed the Hong Kong general insurer's BBB+ (good) rating with a stable outlook.
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- June 7 2024
Marsh takes Gallagher’s Christine Francis as mining practice lead for Asia
For her new role, Francis, who was most recently client manager - national mining team at Gallagher, will relocate from Perth to Singapore.
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- June 7 2024
Rachael Pettigrew joins WTW New Zealand as head of risk advisory
She was most recently insurance lead for water services and reform, a government division responsible for public water infrastructure across the country.
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- June 7 2024
Philippine regulator places two local non-life insurers under conservatorship
The Premier Life and General Assurance and Travellers Insurance and Surety have received cease-and-desist orders from the Insurance Commission.