News Page 255 / 1175
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- August 7 2024
QBE Australia Pacific elevates Declan Moore to chief governance and executive operations officer
Moore will oversee first line risk, customer remediation, marketing and customer insights, legal and executive operations for the regional business as Jonathan Groves succeeds him as CEO and managing director for New Zealand and Pacific.
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- August 7 2024
Hyundai Insurance China outlook downgraded over operating losses, underwriting risk: AM Best
The rating agency has affirmed the insurer’s B++ (good) rating, noting that its risk-adjusted capitalisation has benefitted from the capital injection from strategic investors.
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- August 7 2024
NFRA releases rules to propel Shanghai’s role as international reinsurance hub
China's top financial watchdog announced the setting up of a US$4m fund to support reinsurance in targeted sectors, including aerospace, green shipping and semiconductors, and policy directions to attract more reinsurers to the free trade zone.
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- August 7 2024
Howden Re sets out long-term Japan plan, in no hurry for results: Kentaro Tada
The reinsurance broker that announced its market entry last month is eyeing life and ILS build-out in the country, says the newly installed CEO.
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- August 6 2024
MAS defends Allianz’s US$1.6bn cash offer for Income Insurance: report
The regulator's incoming deputy chairman Chee Hong Tat said during a parliamentary session that the central bank was satisfied with the process around the deal and that the potential deal won't adversely impact competition.
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- August 6 2024
Kieran Curtis returns to Aon as regional director, construction and infrastructure, Asia
Hong Kong-based Curtis will oversee the broker's construction and infrastructure business across Asia, reporting to Vincent Banton, regional head of construction and infrastructure.
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- August 6 2024
Hyogo hail losses dampen Tokio Marine Japan P&C Q1 underwriting performance
The Japanese P&C insurer’s combined ratio deteriorated 5.9 percentage points year-on-year to 99.5% for the quarter ended June.
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- August 6 2024
Marsh Pacific names Samantha Scarlato as transaction advisory head
Sydney-based Scarlato has been with Marsh for over five years and was previously a senior project manager at the global broker before the promotion.
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- August 6 2024
QBE promotes Jonathan Groves to CEO and managing director, New Zealand and Pacific
Sydney-based Groves (pictured) was chief risk officer for the carrier's Australia Pacific business since December 2018.
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- August 6 2024
Crawford strengthens Australia operation with three senior hires
The loss adjuster has appointed Stephen Toomer as head of construction, power & energy, Josephine Princi as NSW forensic accounting division team leader and Werner Gibson as senior adjuster within the global technical services team.
