News Page 23 / 992
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- November 5 2024
New Zealand central bank warns of premium hikes for high-risk properties: reports
For vulnerable properties, flood risk premiums are becoming more common as the trend towards risk-based pricing continues, RBNZ noted.
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- November 5 2024
Queensland and NSW most vulnerable going forward for natural disasters: CGU Insurance
Currently there are 1.2 million properties at risk of flooding in Australia, while 230,000 properties face a 1-in-20 risk of flooding each year, the insurer said.
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- November 5 2024
Hallmark Insurance’s parent St Andrew’s Australia Services get APRA nod as holding company
The registration allows the firm to oversee one APRA-authorised life insurer and one general insurer under the regulatory framework.
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- November 4 2024
Price Forbes Singapore appoints Jennifer Gray as director of professional risks and healthcare
Gray will focus on managing and expanding the broker's regional portfolio, leveraging her experience to drive growth through both domestic and international markets, and will be reporting to APAC CEO Philip Johnson.
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- November 4 2024
Liberty Mutual names APAC head of claims for international insurance business amid regional leadership reshuffle
The carrier has expanded its recently formed commercial and specialty (re)insurance team with the appointment of Robert Mercer, who is succeeding Carlos Alberto Martinez who will retire by the end of the year.
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- November 4 2024
Axa XL bolsters Asia fine art & specie team with a senior hire
Hong Kong-based Rhiannon Alban-Davies joins the specialty carrier as regional head of fine art & specie.
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- November 4 2024
Nawaz Imam joins Blackpanda as chief financial officer
Imam has over 18 years in investment banking, asset management and technology experience.
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- November 4 2024
Arch Indemnity could see underwriting results moderate as claims set to pick up: Fitch
The rating agency has assigned an 'A+' (strong) rating with a stable outlook to the carrier due to its moderate company profile, very strong capitalisation, financial performance and earnings, and support from the parent Arch Capital Group.
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- November 4 2024
Reinsurers are again looking for growth, but stability is key: Mapfre Re’s Sanchez Cea
The reinsurer expects the market to maintain discipline in underwriting and risk selection despite the increasingly competitive market.
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- November 4 2024
Rate erosion in non-property classes likely over increased competition: Markel
Pent-up interest across some new markets for access to business in Asia Pacific likely to dominate and drive longer-term growth, says Markel’s Kevin Leung.
