News Page 22 / 1002
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- November 28 2024
Kamel Tlili takes over as TT Club’s Singapore chief executive as Yiah Soon Ng retires
Tlili, who joined the insurer as regional general manager for Asia Pacific 12 months ago, has taken on the additional responsibility.
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- November 28 2024
Tower reports strong underwriting gains, COR falls to 79% amidst no major events
The New Zealand insurer's turnaround was primarily due to no large cats in the financial year, driving its NPAT to US$49m up from US$4m a year ago.
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- November 28 2024
IAG to acquire RACQ insurance business for US$555m
The Australian insurer will enter a 25-year exclusive strategic alliance to provide the mutual's general insurance products and services for the members and Queenslanders.
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- November 28 2024
Sompo targeting US$1bn GWP growth from overseas business by FY 2026
It continues to eye geographic expansion and is actively working on M&A, the Japanese insurer said in its mid-term management plan.
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- November 27 2024
India’s Edme continues team buildout with ex-Coface CEO
Mumbai-based Bhavesh Patel joins the broker as executive director, corporate business of financial and credit specialty.
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- November 27 2024
Japanese, Korean trade insurers face US$100m+ exposure in Northvolt bankruptcy: report
The government-owned credit guarantee agencies NEXI and K-Sure had covered loans to the Swedish battery maker that filed for a Chapter 11 reorganisation in the US.
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- November 27 2024
Miller hires ex-UIB Konatsu Watanabe to strengthen Singapore P&C team
Watanabe brings valuable experience in areas such as facultative placements with a particular focus on Japanese business across Asia, according to the broker.
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- November 27 2024
Coface New Zealand expands risk underwriting team with Allianz Trade hire
Seif Nasser joins the trade credit insurer as a senior risk underwriter.
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- November 27 2024
Exclusive: HDFC Ergo’s Hiten Kothari returns to WTW India as senior P&C director
Mumbai-based Kothari joins the broker's insurance consulting & technology business in the first week of December.
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- November 26 2024
QBE Insurance promotes Jamie Kelly to group chief compliance officer
Sydney-based Kelly, who was previously interim executive/group head of risk culture and conduct, will lead the carrier's global compliance function, reporting to group chief risk officer Fiona Larnach.
