News Page 181 / 1175
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- January 7 2025
China’s big 3 motor insurers poised for further growth as NEVs pick up pace: AM Best
People’s Insurance Company of China (PICC), China Pacific Property Insurance and Ping An Insurance command over 70% of the motor premium share in China.
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- January 7 2025
2024 insurance M&A: Key deals, trends, and regional insights
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- January 7 2025
IAG renews 2025 cat program with US$6.25bn protection
Program from Australian insurer has attachment point of AU$500m, while its quota share and a multi-year program will provide AU$1bn in additional protection annually.
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- January 7 2025
Chubb elevates Carles Tondo as head of property and technical lines in Singapore
In his new role, Tondo will be responsible for fire, terrorism, construction, power generation and energy.
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- January 7 2025
Adi Salleh returns to Samsung Re as senior property underwriter
Salleh had previously worked for nine years at Samsung Fire & Marine Insurance, which included just over five years as a fac underwriter for its reinsurance arm.
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- January 7 2025
Chubb promotes James Brown to head of global broking for Asia
Singapore-based Brown was most recently head of Chubb's major accounts division Singapore.
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- January 7 2025
Markel hires Zurich’s Jack Taylor to lead new APAC broker engagement role
Singapore-based Taylor will report to the Lloyd's carrier's Asia Pacific managing director, Christian Stobbs.
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- January 6 2025
Coface names Supanwongse Weeraworawit as Thailand country manager
Bangkok-based Weeraworawit will report to the trade credit insurer’s Asia Pacific CEO Hugh Burke.
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- January 6 2025
IRDAI seeks a listing roadmap from large insurance carriers: report
The Insurance Regulatory and Development Authority of India wants large carriers, including Bajaj Allianz, Kotak Mahindra Life and HDFC ERGO, to present a plan to list on the country’s bourses within the next two to three years.
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- January 6 2025
Guy Carpenter’s global property cat ROL index down 6.6% in first fall since 2017
Asia Pacific experienced the steepest decline at the renewals, down 7.2%, while the US fell by 6.2% and Europe by 5.3%, the broker said.
