News Page 252 / 1261
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- February 11 2025
Who pays for climate change adaptation is the elephant in the room, says Tower chairman
Kiwi insurer's Q1 FY25 GWP rose by 6% to US$87.5m on strong volume growth as rating increases flattened on average.
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- February 11 2025
Queensland flood claims top 5,600, but more rain expected as clean-up begins
Suncorp said it has received more than 1,400 claims across its brands as of Tuesday morning.
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- February 11 2025
Gallagher-owned specialist MGA Pen Underwriting promotes new head of distribution
Melbourne-based Nick Best initially joined in March 2022 as property team manager, having previously spent 10 years at QBE.
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- February 11 2025
Assurex Global bolsters APAC presence through Huatai partnership
Beijing-based Huatai, majority-owned by China Re, will join the broker's global network of over a hundred independent partners.
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- February 11 2025
MS Amlin launches credit, political risk offering in Dubai with India, MENA markets in sight
New business line will be led by Osama Elshiekh, senior underwriter for credit and political risk, reporting to senior executive officer for MENA Vipul Gupta.
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- February 10 2025
Solomon Islands sue Korea P&I Club, MS Amlin Marine in oil spill lawsuit: report
The residents of the island are seeking up to US$38m in compensation for a 2019 grounding of a cargo ship.
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- February 10 2025
Australia’s upcover secures US$12m in Series A round funding
Round was led by RealVC, with investments from Antler Elevate's Global Fund, Betterlabs and Gandel Invest, and US$5m debt from Marshall Investments.
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- February 10 2025
Allianz Commercial taps Aon’s Josephine Tam to lead financial lines, cyber in Asia
Singapore-based Tam was most recently regional director for cyber solutions and financial institutions at Aon.
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- February 10 2025
Liberty Specialty Markets’ Dipam Pandit handed expanded Asia role
Singapore-based Pandit named regional head of broker distribution with the global (re)insurer.
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- February 10 2025
Australian MGA Market Lane promotes property team pair
Joanna Hayes and Anand Narayanan promoted within specialty commercial insurance underwriting arm, The Barn.
