News Page 234 / 1314
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- July 1 2025
Chaucer hires Emily Brand as deputy class underwriter for energy in Singapore
Brand, who relocates from London, will be responsible for supporting the underwriting strategy for the Lloyd's carrier's energy business.
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- July 1 2025
IAG lifts profit outlook as nat cat bill comes in below forecast
Australian insurer revealed that natural peril costs for FY2025 had come in roughly US$132m below expectations.
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- July 1 2025
APAC 1.7 renewals see ‘significantly more reinsurance capacity than demand’: Gallagher Re
Loss-free cat programs in Australia and New Zealand saw 5-12.5% risk adjusted reductions, while loss-free risk programs saw rates down 2.5-10%.
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- July 1 2025
Suncorp trims reinsurance tower even as rates soften, locks in multi-year deal
Despite exposure growth in its portfolio, Australian insurer expects the total cost of the program to be lower than in FY25, aided by reduced pricing, minor structural changes.
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- July 1 2025
Aon names Jarut Sukkhawadee head of commercial risk for Thailand
The broker bolstered operations in the Asean market with a series of key appointments.
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- July 1 2025
Allianz Asia Pacific names Vojtěch Pivný as regional CFO
Pivný was CFO at Allianz Poland previously, where he led the successful consolidation of Allianz and Aviva’s operations.
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- July 1 2025
Chubb strengthens global broker division in Australia with key leadership changes
Jennifer Vanek appointed national strategic relationship manager, global brokers division; John De Felice and Ryan Spettigue national relationship managers.
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- July 1 2025
BMS Australia snaps up Corporate and Commercial Insurance Brokers
Queensland-based broker specialises in risk management advice and insurance broking services to large, privately owned organisations.
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- July 1 2025
Allianz Commercial names Alex Shi as regional head of liability
Shi joins from Allianz Insurance Singapore, where he was the chief underwriting officer.
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- July 1 2025
Record capital, increased reinsurer appetite drive rate reductions at July 1: Aon
In Australia and New Zealand, property cat XoL renewals see up to low double-digit risk-adjusted reductions.
