News Page 269 / 1059
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- October 2 2023
Howden renames Asian specialist arm as it unveils global rebrand
IPG Howden, the group's Asian high-net-worth life insurance broker, will be renamed Howden Private Wealth.
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- October 2 2023
Taiping Re’s ratings affirmed as operating performance turnaround continues: AM Best
The reinsurer is building on its leadership position in Greater China and expanding in South-East Asia.
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- October 2 2023
Union Medical underwriting to remain robust as Covid-19 impact subsides: AM Best
The rating agency has affirmed the Kiwi insurer a rating of A (excellent) with a stable outlook.
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- October 2 2023
ECGC improves claims experience despite volatility: AM Best
AM Best has assigned a rating of B++ (good) with a stable outlook considering its strong capital position.
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- September 29 2023
Cathay Century to sustain turnaround as motor revenues pick up: AM Best
The global rating agency has affirmed an insurer rating of A (excellent) for the Taiwanese P&C player with a stable outlook.
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- September 29 2023
McLarens hires Eugene Goh from Sedgwick as technical director in Singapore
Goh's appointment is part of the adjuster's expansion of the specialist leadership team.
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- September 29 2023
Roojai’s South-East Asia M&A play to see GWP double
Group CEO Nicolas Faquet refocuses after snapping up DirectAsia from Hiscox this week, FWD General Insurance in Thailand in the summer and launching in Indonesia in 2022.
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- September 29 2023
Hong Kong’s Nova Insurance posts 10.8% FY revenue growth
The broker saw an uplift in PI and trade credit lines and reported revenues of US$14.1m during the year until the end of June.
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- September 29 2023
ICA urges New South Wales to drop fire services levy after Tasmania axe
The NSW state levy is forecast to collect US$900m in revenue from insurance customers in FY 2023-24.
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- September 28 2023
Tower ups reinsurance excess for first two events to US$10m
An excess of US$11.9m applies for a third event in FY 2024, while the Kiwi P&C player has decreased its upper cat limit to US$447m from US$557m.
