News Page 244 / 999
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- July 4 2023
Guy Carpenter rejigs South-East Asia and Korea leadership
Bengt Johnsen is promoted to chairman, while Les Loh takes over as CEO.
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- July 4 2023
Talanx-backed Roojai buys bolttech’s Thai non-life carrier
With the acquisition of FWD General Insurance, the Thailand-based insurtech becomes a full-stack player.
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- July 4 2023
RACQ joins Australian cyclone reinsurance pool
The carrier's statement said that while it supported the pool, its design and implementation of the current model will only deliver marginal benefits to members living in the north.
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- July 4 2023
Vrs Adjusters ropes in James Ong to launch APAC hub in Singapore
The global loss adjuster's new office will serve clients in the Lion City as well as support its 13 network partners across the region.
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- July 3 2023
New capital, moderated demand lead to orderly 1.7 renewals: Gallagher Re
There were significant year-on-year rate increases and reinsurers sought to bring terms and conditions in line 1.1 and 1.4 renewals.
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- July 3 2023
WTW hires from Aon for regional head of large accounts
Singapore-based Alan Duffy will also take charge as the broker’s head of Brunei.
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- July 3 2023
Generali promotes Blake Sowerby to head of special projects, finance – international
Hong Kong-based Sowerby will lead finance projects across Asia, Central and Eastern Europe, Mediterranean and Latin America for the Italian insurer.
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- July 3 2023
IAG-backed CGU and ANZ enter bancassurance deal
The partnership will see the personal lines insurer underwrite home, landlord and motor insurance products for the bank's retail customers.
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- July 3 2023
Korean regulator mulling separate licence for reinsurers
The revised licensing regime will only apply to new players and is intended to bring more capacity and competition to the market, according to a Korean Re report.
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- June 30 2023
Australian court fines IAG record US$26.5m for pricing misconduct
The insurer said that it will pay the penalty from the A$123m customer refund provision made earlier this financial year.