News Page 25 / 1059
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- March 27 2025
India infrastructure boom builds reinsurance demand at 1.4
Property, engineering and liability lines see growth, but rates remain flat to down, says Howden’s Prateek Singhal.
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- March 26 2025
VIG Re hires Asia veteran Marc Haushofer to strengthen international footprint
The former Validus Re APAC head will start at the European reinsurer as executive director of international business development from May 1.
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- March 26 2025
Carbon credit specialist Kita expands capacity to US$24m
MGA's capacity is provided by Chaucer, Munich Re Syndicate, RenaissanceRe and Tokio Marine Kiln.
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- March 26 2025
Swiss Re CorSo promotes Nupur Sharma to senior property underwriter
Singapore-based Sharma has been with the company for eight and a half years, having previously worked for Allianz Global Corporate & Specialty.
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- March 26 2025
Arch Insurance Australia increases property capacity limit to US$31.5m
The carrier's property team offers property and business interruption coverage, with target markets being low-hazard occupancies with active risk management practices.
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- March 26 2025
Japan P&I Club overall tonnage falls 3% during 2025 renewal
The club had announced a 7% premium hike in 2025 for owners’ and charterers’ entries.
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- March 25 2025
Generali completes acquisition of China P&C business
The Italian insurer has received all regulatory approvals to take full ownership of the mainland P&C business
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- March 25 2025
Lloyd’s coverholder Salt promotes Iain Sharples to head of underwriting
He has been with the Australian MGA since April 2023, having previously worked at Zurich Financial Services Australia and Thomas Miller.
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- March 25 2025
South Korea’s P&C insurers’ net income up 3.1% to US$5.8bn in 2024
Insurance income marginally down by 1% to US$5.6bn due to higher loss ratios for motor insurance, according to preliminary statistics from the Financial Supervisory Service.
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- March 25 2025
Specialist Risk Group formally launches in APAC with Singapore hub
Business says it will focus on delivering solutions for difficult and hard-to-place risks, with an emphasis on specialty lines and complex P&C.
