News Page 232 / 1058
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- January 5 2024
Howden expands APAC financial lines team with Lockton hire
Deborah Thomasz joins the broker's Singapore office as regional senior manager for financial lines.
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- January 5 2024
WTW strengthens its corporate risk & broking business in Singapore with two senior promotions
Ernest Heng (pictured left) has been promoted to head of specialty while David Ng (pictured right) becomes head of client services.
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- January 5 2024
Tune Protect Re appoints new CEO
Kuala Lumpur-based Janet Chin will report to the group chief executive Rohit Nambiar.
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- January 4 2024
‘Smooth’ 1.1 renewals as ample capacity, earnings rebound drive reinsurer appetite: Aon
Agggregate covers are back on the table but property per risk renewals remain challenging due to loss activity, says the broker.
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- January 4 2024
AIG leads US$130m all-risk cover for Japan Airlines plane: report
The Japanese airline has estimated a US$104m operating loss following the collision of its flight JL516 with a Japan Coast Guard aircraft at Tokyo’s Haneda Airport and complete loss of one aircraft on January 2.
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- January 4 2024
Suncorp and IAG say December wild weather claims tracking below nat cat allowance
While the total cost of the two events have yet to be determined, Suncorp said it has US$459m in natural hazard allowance and IAG has US$114m till December 2023.
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- January 4 2024
IAG renews 2024 cat program with US$7bn protection, adds US$67m New Zealand cover
In conjunction with its 32.5% quota share, the Australian carrier’s retention is flat at US$159m.
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- January 4 2024
Allianz Singapore to accelerate premium growth despite domestic challenges: S&P Global
The rating agency has confirmed the carrier's 'A+' rating with a stable outlook.
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- January 4 2024
WTW appoints Clelia Grech as head of global services and solutions Asia
Grech, who will be part of the broker's international programs team, will be based in Hong Kong.
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- January 3 2024
ICA extends insurance catastrophe declaration to January 3 as extreme weather continues
Almost 38,000 insurance claims have been lodged following the weather that has impacted Queensland, New South Wales, and Victoria since December 23.
