News Page 206 / 1236
-
- March 20 2025
Regulators approve Samsung Fire & Marine’s transition to subsidiary of Samsung Life
Non-life carrier will maintain independent management and have a separate board of directors.
-
- March 20 2025
Marsh names Brandon Lam as vice president for claims advocacy in Hong Kong
Prior to joining the broker, he worked at Zurich and QBE, holding several claims positions across different lines.
-
- March 20 2025
Cyclone Alfred claims top 74,000, insurer extends pet coverage
Queensland remains the most affected area, with about 69,000 claims following the event earlier this month.
-
- March 20 2025
Howden-owned MGA Dual promotes Damian Browne to deputy general manager for New Zealand
Auckland-based Browne has been at the company since 2021, most recently as an underwriting manager.
-
- March 20 2025
Aon appoints Kevan Johnston CEO of Australia
Sydney-based Johnston succeeds Jennifer Richards, who has been appointed Asia Pacific CEO.
-
- March 20 2025
Exclusive: Flora Fong to rejoin Marsh after short Howden stint
Hong Kong-based Fong had joined Howden last July having worked at Marsh for over 14 years.
-
- March 19 2025
Ping An’s P&C FY24 net profit up 68% to US$2bn, COR improves to 98.1%
Chinese carrier’s insurance revenue rose by 4.7% year-on-year to US$45.4bn.
-
- March 19 2025
Malaysia’s flood losses up 23.5% to US$207.5m in 2024: report
Losses, which equate to about 0.05% of the country’s nominal GDP, were mostly from home, while commercial losses were nearly flat year-on-year
-
- March 19 2025
Review panel urges Australian insurers to implement General Insurance Code recommendations on pricing
The ICA, in its action plan released earlier this week, had disagreed with pricing-related recommendations of the independent panel’s final report.
-
- March 19 2025
Allianz mulls alliance with India’s Jio after Bajaj sale: report
Formal announcement expected only after regulatory approvals, according to The Economic Times.
