News Page 23 / 1028
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- February 4 2025
Australian antitrust regulator to probe IAG-RACQ and Allianz-RAAI deals
ACCC, the competition watchdog, will assess whether the acquisitions will substantially lessen competition in the market.
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- February 3 2025
Generali Malaysia promotes Lee Chee Fooi as chief distribution officer
The carrier has also promoted chief commercial lines officer Soo Wai Har as CEO of Generali Life Insurance Malaysia, as incumbent Rebecca Tan heads to Generali Indonesia as chief executive.
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- February 3 2025
Asia Pacific leads the way in Chubb’s 2024 top line growth: Greenberg
Region was Chubb’s standout P&C performer, with net written premium growth of 22% compared with a year earlier.
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- February 3 2025
Cyber specialist Sync Underwriting launches in Australia with Tokio Marine capacity
The MGA, which is part of the Rhodian Group underwriting network, will provide cover for small to mid-sized businesses in the country.
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- February 3 2025
Lockton Asia appoints Lesley Jamieson as regional senior vice president for operations
Jamieson, who will be based in Hong Kong, will report to the broker's regional COO Philip Corrigan.
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- February 3 2025
Suncorp finalises US$231m Asteron Life sale, strengthening focus on P&C
The carrier's general insurance business in New Zealand remains unchanged.
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- February 3 2025
Great American elevates Vanessa Teo to deputy CEO of Singapore branch
Teo, most recently chief financial and operating officer, will continue to oversee finance and operations of the carrier's only Asian office, while also taking on broader strategic responsibilities.
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- February 3 2025
India to remove FDI cap for foreign insurers
Limit for the sector will be increased to 100% from 74% for companies that invest the entire premium in India.
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- February 3 2025
Crawford Australia strengthens account management team with QBE hire
Mark McDermott, who joins the loss adjuster as key account manager in Adelaide, will build strategic connections within the broker community.
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- February 2 2025
ICA declares significant event for northern Queensland floods
Flooding and storms have mostly affected Australian communities in Townsville, Innisfail, Ingham, Gordonvale and Cardwell.
