News Page 228 / 1137
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- July 17 2024
Allianz makes US$1.6bn offer for 51% of Singapore’s Income Insurance
The offer is subject to the approval of the shareholders of Income Insurance for the amendments to the constitution and the proposed name change.
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- July 17 2024
Malaysian Re proposes new global climate models in assessing South-East Asia climate risk
The company's most recent report suggests that newer climate models, which acknowledge global warming, may be more effective in predicting climate losses than legacy models that only rely on historical weather data.
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- July 17 2024
Munich Re elevates Thibault Imbert as principal for digital solutions P&C
He will support Munich Re's clients on their primary insurance challenges and ambition and report to Weihao Choo, head of consulting.
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- July 17 2024
Opinion: Insurers in Asia need to heed shadow banking warning
Given the scale of the casualty offering which has been rolled out to financial institutions across Asia in recent years, it would be surprising if more fall-outs don’t emerge given the volatile nature of many of the risks assumed by the sector.
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- July 17 2024
Mitsui Sumitomo-backed Haven Underwriting launches in Australia
Sydney-based MGA, founded by Barnaby Williams, will offer industrial special risk property cover.
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- July 17 2024
GCube backs BESS sector growth with a new US$100m Lloyd’s consortium
The consortium will also have six Lloyd’s syndicates as members, and will offer capacity to global attery energy storage system developers and asset owners.
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- July 16 2024
Chubb elevates Ben Howell as country president for Australia and New Zealand
Howell replaces Peter Kelaher, who has been appointed division president of continental Europe, Middle East and North Africa at Chubb.
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- July 16 2024
GIAJ calls for revision of reserve rates for fire insurance policies
A review of catastrophe contingency reserve system is critical in light of rising nat cats losses, the industry body says.
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- July 16 2024
AUB-owned Tysers Singapore ropes in Surabhi Mehrotra as associate director, reinsurance
Mehrotra joins from JB Boda, where she spent almost a decade as assistant general manager of treaty and facultative reinsurance broking.
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- July 16 2024
ICNZ calls for proactive approach on climate adaptation
The council has urged the government to take a leadership role on climate adaptation and build New Zealand’s resilience against the impact of climate change on lives and property.
