News Page 24 / 1047
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- March 5 2025
Cyclone Alfred could be US$1.25bn hit on Australian insurers: S&P Global
Cyclone could be worse than some of Australia's largest nat cats in the past 10 years.
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- March 5 2025
Marsh Taiwan appoints veteran Arthur Lee as president
He has been with Marsh for almost 28 years, and most recently held the role of senior vice president.
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- March 5 2025
M Pallonji Group-led consortium applies for Indian general insurance licence: report
Group appoints Aditya Sharma, chief distribution officer at Bajaj Allianz, as CEO of proposed venture, according to the The Economic Times.
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- March 5 2025
Lockton continues regional reshuffle, taps Marsh’s Marcus Pearson for Pacific CEO role
Brisbane-based Pearson replaces Paul Marsden, who will become a consultant and manage key client relationships.
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- March 5 2025
Jacquelynn Chuc returns to AIG as A&H regional underwriter manager for Asia
She brings over 20 years of technical underwriting expertise, having served at Chubb Australia and Singapore in various A&H underwriting roles.
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- March 5 2025
Seoul Guarantee prices IPO at bottom end of range to raise US$124m
KDIC-owned surety and credit insurer will offer shares at US$17.8 apiece and will start trading on March 14.
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- March 5 2025
Axa XL names Sylvie Gleises Asia CEO, replaces Gilles Fromageot
She will continue to serve as CEO for Axa XL Singapore insurance operations having joined AXA Group in 2006.
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- March 5 2025
Canopius hands Paul Hackett expanded role as APAC head of distribution
Expanded role in addition to existing portfolio as head of marine for APAC and Middle East and North Africa (MENA).
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- March 4 2025
Allianz APAC P&C business total business volume tops US$2bn
The insurance group's regional total operating profits rose 6% to EUR795 million despite less favourable health claims experience.
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- March 4 2025
Lockton taps Jay Sharma as regional head of specialties, Asia
Sharma will relocate to Singapore from New York and report directly to Asia CEO Tony Hardy, having previously worked for Marsh, Aon, and WTW.
