News Page 24 / 1075
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- May 2 2025
Munich Re appoints Surendra Singupalli as India head of property treaty underwriting
Singupalli was most recently head of property treaty underwriting for Southeast Asia at the reinsurer's Singapore office.
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- May 2 2025
Mobile plant specialist UAA renews 10-year capacity agreement with QBE
Binder agreement also provides capacity to the New Zealand arm of the Steadfast-owned underwriting agency.
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- May 2 2025
Howden Re promotes Cynthia Cui to head of fac for APAC
Singapore-based Cui, who has been at the broker since 2021,will drive expansion cedent facultative reinsurance business in the region.
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- April 30 2025
Peak Re expects stronger year ahead despite dip in profits, revenues in FY24
Reinsurer reported a 6.7% drop in net profits at US$187m in FY24, driven by operating losses from its associate firms and a hike in income tax expenses.
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- April 30 2025
New Zealand insurers’ GWP grows 8.6% to US$6.4bn, COR improves to 78.6%: ICNZ
Following the impact of the Auckland Anniversary Weekend floods and Cyclone Gabrielle in 2023, premiums stabilised in 2024 as global reinsurance rates and inflation eased, the Insurance Council of New Zealand said.
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- April 30 2025
Allianz Commercial Australia appoints Mark Sutton head of client engagement
Sydney-based Sutton joined Allianz Australia in 2013, and he was most recently the head of partnerships and distribution for personal injury.
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- April 30 2025
Peak Re’s US$50m cat bond bring ‘fresh capacity’, covers peak Asia scenarios
Hong Kong reinsurer's new ILS offering supports its ability to grow into its key markets of Japan, China and India.
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- April 30 2025
Howden confirms Mandira Gupta as MD and M&A head
Gupta, who joins from rival Marsh, will lead the broker's private equity and transactional risk insurance solutions as first reported by IAN.
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- April 30 2025
Munich Re Australasia promotes Diana Baer to CFO
She replaces David Field, who has become a member of the management board and CFO of Great Lakes Insurance.
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- April 30 2025
Exclusive: BMS to shut down South Korea, Japan offices
Market sources tell IAN that most of the staff working in both offices of the M&A specialist broker will be let go.
