News Page 250 / 1279
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- March 19 2025
Review panel urges Australian insurers to implement General Insurance Code recommendations on pricing
The ICA, in its action plan released earlier this week, had disagreed with pricing-related recommendations of the independent panel’s final report.
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- March 19 2025
Allianz mulls alliance with India’s Jio after Bajaj sale: report
Formal announcement expected only after regulatory approvals, according to The Economic Times.
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- March 19 2025
‘Narrower, deeper’: US specialty insurer not resting on its laurels with energy, marine, specialty plans for Asia
The Hartford opened its third operation in Asia earlier this year, with Hartford Underwriting Agency CEO Carl Bach telling InsuranceAsia News that it also has one eye on adding cyber to its offering in the region.
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- March 18 2025
Bajaj Finserv to evaluate listing of insurance arms after Allianz exit: report
The financial services group is not looking for another partner to run the non-life and life businesses, and it will relieve Allianz from a non-compete clause, chairman Sanjiv Bajaj said.
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- March 18 2025
Howden Specialty continues APAC energy buildout with Sedgwick veteran hire
Singapore-based David Chin joins the broker as head of energy claims for its natural resources team.
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- March 18 2025
South Africa’s Sanlam upping stakes in Indian ventures a ‘moot point’ despite FDI change: reports
Financial services group is looking to revive its asset management business with Indian partner Shriram Group, while also venturing into wealth management.
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- March 18 2025
Axa XL announces key promotions in APAC, Europe construction and energy underwriting team
Paris-based Olivier Croese will lead the team, while Madrid-based Susana Huete Santos becomes regional product leader.
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- March 18 2025
Cyclone Alfred insured losses to reach US$1.6bn, flood modeller predicts
JBA says 'previous concerns about a high number of severe wind damage claims were not realised' following the event earlier this month.
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- March 18 2025
Howden Private Wealth bolsters APAC team with double leadership promotion
The high net-worth insurance broker has elevated Bryan Pee to Singapore and Malaysia CEO, while Shirley Sy has been named Hong Kong deputy CEO.
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- March 18 2025
APAC business insolvencies to grow by 5% in 2025: Allianz Trade
Taiwan (+8%), South Korea (+3%) and Hong Kong (+2%) will see insolvencies continue to rise in 2025 due to weaker external demand and lagging effects of prolonged high interest rates.
