News Page 206 / 1070
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- April 12 2024
Sure raises Northern Queensland residential strata cover to AU$20m to improve access
The move is expected to allow body corporates and lot owners who have been challenged by affordability or under-insuring their complexes to access "alternative strata premium offerings", the insurer said.
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- April 12 2024
Everest appoints Sophie Servera from Vero as senior property underwriter
After a 17-year career with Vero, Sydney-based Servera has started her new role at Everest in April.
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- April 12 2024
LeapFrog Investments taps Indonesia’s reform opportunities with full-stack insurtech
The insurance-focused investor believes that the winners in South-East Asia’s largest digital economy will be those that can steer away from an asset-light broking model, as it backs insurtech PasarPolis in ramping up its underwriting capability.
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- April 12 2024
Sompo Singapore to sustain profitability, expand regional commercial line: S&P Global
S&P Global Ratings affirmed the carrier's "A" local currency long-term insurer financial strength rating with a stable outlook.
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- April 11 2024
Guy Carpenter hires Partner Re’s Richard Chu as managing director for credit, bond & political risk
Singapore-based Chu will be responsible for new business development across Asia Pacific and will report to the head of the division, David Edwards.
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- April 11 2024
Peak Re expands structured solutions team to cover P&C
The new team will be led by Chenwei Li, who has been the head of structured solutions for L&H, and will be joined by senior actuaries Tony Zhong and Min Zhang.
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- April 11 2024
Taiwan earthquake claims unlikely to exceed 2016 Meinong event’s US$500m: AM Best
Carriers will only have to deal with limited commercial and industrial claims such as business interruption as the April 3 quake was quite far from the economic and scientific centres and most of the losses are ceded to the international reinsurance market.
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- April 11 2024
Beazley expands Asia property underwriting team with Axa XL hire
Singapore-based Chun Kiat Goh will help build the Lloyd's player's open market property book across APAC.
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- April 11 2024
Tugu Insurance’s Hong Kong arm sees modest near-term profitability: AM Best
AM Best has affirmed an insurer rating of B+ (good) for the company with a stable outlook.
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- April 11 2024
Super election year fuels demand for political violence cover among MNCs: Allianz Commercial
With half of the world's population going to polls this year, security in many territories is undermined by threats of local unrest and electoral outcomes on foreign policy, trade relations and supply chains.
