News Page 20 / 1109
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- July 18 2025
Opinion: How far must temperatures rise before APAC commercial market really walks away from climate risk?
Region is right in the firing line when it comes to climate risk given the increasing scale and frequency of insured losses in recent years.
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- July 17 2025
Toa Re’s FY24 net income grows 83% to US$190.4m, driven by investment gain
Net premiums written, however, fell by 1.8% year on year to US$1.8bn.
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- July 17 2025
Allianz Trade promotes Ivy Wanda Sthefvanie to Indonesia commercial manager
Sthefvanie has been with Allianz Trade for nearly seven years since July 2012, most recently as an account manager.
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- July 17 2025
Envest targets New Zealand expansion, winds up PSC Connect network offering
Envest Group says it will focus on building its branch network under the PSC Insurance Broking banner after the 'difficult decision' was made to wrap up the PSC Connect network after 13 years.
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- July 17 2025
Fusion Specialty names Robert Underhill as head of Americas
New York-based Underhill previously led the M&A transactional liability business across the US, Europe, Asia, and Australia for nine years at Berkshire Hathaway.
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- July 16 2025
Aon promotes APAC veteran George Attard to global head of strategy for reinsurance in senior leadership rejig
Broker also announced appointments of Alfonso Valera as CEO of international for reinsurance, responsible for UK, EMEA and APAC, and Tomas Novotny as chairman of international for reinsurance.
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- July 16 2025
Ex-Lloyd’s CEO John Neal changes course, set to join AIG as president
Lloyd's had confirmed Neal’s departure for Aon in January, after he had served as CEO of Lloyd’s since October 2018.
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- July 16 2025
MSIG paid out claims totalling US$44.3m in Hong Kong and Macau in 2024
Insurer's claims settlement ratio reached 94.5%, rising for the third consecutive year, up from 92.4% in 2021.
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- July 16 2025
India’s insurance regulator sets up committee to vet licence applications: reports
Insurance Regulatory and Development Authority of India also approves the first stage of an application from Kiwi General Insurance.
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- July 16 2025
MSIG Asia snaps up Marsh’s Tijen Joshi for energy, power and construction role
Singapore-based Joshi spent the last two years at Marsh as a senior vice president for claims solutions.
