News Page 213 / 1220
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- February 6 2025
Queensland flood claims near 4,000, but too early to estimate total damage
Insurance Council of Australia says many communities remain isolated after the region was battered by heavy rain since last week.
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- February 6 2025
Arundo Re grows Asia business 33% at January 1 renewals
French reinsurer’s total GWP at the 1.1 renewals topped US$1bn.
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- February 6 2025
Aon appoints Terence Williams as head of commercial risk solutions for APAC
WIlliams, who was most recently the chief broking officer for the EMEA region based in London, will relocate to Singapore for the new role.
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- February 6 2025
Sompo appoints Lily Claydon as chief risk officer, Asia Pacific
Claydon joins from AIG, where she was the APAC chief risk officer.
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- February 6 2025
Aon bolsters Pacific M&A and transaction solutions team with new head
Kris Karlsson will be based in Sydney and report to Eden Fletcher, head of specialty solutions, Australia.
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- February 6 2025
Aon elevates Helen Lockwood to head of affinity and small business, Australia
Sydney-based Lockwood was previously head of strategic platforms and technical at Aon since October 2022.
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- February 5 2025
IAG, Allianz said to be in the race for RAC Insurance: report
The Royal Automobile Club of Western Australia had hired boutique advisory firm Barrenjoey to conduct a strategic review including for its insurance arm.
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- February 5 2025
Tower increases FY25 profit guidance on ‘better-than-expected’ claims performance
Guidance on COR for the financial year has improved to between 84-86%, down from 87-89%.
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- February 5 2025
Aon: Asian market continues to soften, Japan bucks the trend
While most markets in the region saw up to 10% reduction in Q4, Japan had a 10% increase in rates, the broker's report said.
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- February 5 2025
Asia insurance rates decline 3% in Q4 2024, driven by cyber and finpro lines: Marsh
Cyber rates drop by 11%, while finpro falls 9%, both extending the previous quarterly declines in 2024, according to the latest Global Insurance Market Index by the broker.
