News Page 244 / 1073
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- January 16 2024
Delta Insurance Australia hires head of management liability from Chubb
Brisbane-based Downman was most recently senior underwriter for financial lines at Chubb Queensland.
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- January 15 2024
NorthStandard expands Japan P&I collaboration with Tokio Marine
The partnership will see the P&I club handle claims and underwriting matters, while the Japanese carrier will bring its sales network to reach new customers.
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- January 15 2024
Thailand’s Roojai acquires Indonesian online broker Lifepal
Following the deal, the two companies will jointly expand their product offerings, and online and offline distribution.
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- January 15 2024
Etiqa’s ratings affirmed, but underwriting margins may feel pricing reform pinch: AM Best
The Malaysian insurer, rated A- (excellent) with a stable outlook, has reported a five-year average combined ratio of 87%.
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- January 15 2024
Hong Kong’s proposed risk-based capital requirements extend waivers to marine, captive insurers
The Insurance Authority of Hong Kong has proposed a set of rules that seek to lighten the compliance burden for captives and marine insurers under the new capital regime slated for 2024 2H.
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- January 12 2024
Income Insurance to list on private stock exchange: report
The composite insurer’s shares will be listed under Alta and PhillipCapital’s share liquidity programme.
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- January 12 2024
China Taiping former deputy manager Xiao Xing arrested
Xiao was arrested on suspicion of taking bribes after China's top anti-graft watchdogs found 'severe violations of discipline and law' on his part.
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- January 12 2024
Insured losses from Japan earthquake could reach US$6bn: Moody’s RMS
The final estimates could inch upwards as this model does not include losses to non-modelled exposures such as transport and utility infrastructure, government, or automobile lines, the cat modeller said.
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- January 12 2024
Sedgwick Australia brings Crawford veteran Jonathon Vaisey to head major and complex loss property
Vaisey brings over 20 years of experience as a chartered loss adjuster with expertise in the investigation and management of complex property claims.
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- January 12 2024
Insurance Council of New Zealand appoints former cabinet minister as CEO
Kris Faafoi takes over from the current CEO Tim Grafton, who will step down on April 7.
