News Page 27 / 1347
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- September 2 2026
PICC P&C terminates PIB brokerage pact, shifts mandate to ZSIB
Move comes as PICC Group plans to exit the wholly-owned intermediary in third-party sale.
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- September 2 2026
Thai government approves new US$465m insurance facility: report
New facility follows the flooding in Thailand's northern and southern regions, and the Bangkok earthquake in March last year.
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- September 2 2026
Zurich bolsters APAC commercial leadership with key hires in Singapore
Patrick Fyson joins as head of property for Asia, while Dylan Bryant returns to a newly created role leading the carrier's multinational and captives business across Asia Pacific.
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- September 2 2026
Aon Australia promotes Hayley Pettit to chief broking officer for specialty
She will also continue to lead the Queensland financial institutions team.
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- September 2 2026
Record capital, underwriting discipline to keep non-life reinsurers profitable through 2027: AM Best
Market positioned to absorb accelerating property rate softening, US casualty reserve uncertainty, and ongoing catastrophe and macroeconomic risks while sustaining profitability.
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- September 2 2026
360 Underwriting Solutions hires Ben Church as general manager for commercial classes
Sydney-based Church joins from Allianz, where he spent over 13 years across a range of senior distribution roles, most recently as general manager of distribution.
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- September 2 2026
Generali Central Insurance appoints Prem Sivadas as chief commercial officer
Mumbai-based Sivadas will lead the corporate sales function, with a focus on strengthening broker partnerships and expanding corporate portfolios, including Generali Corporate and Commercial.
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- September 2 2026
Moody’s keeps stable reinsurance outlook as strong capital, discipline offset softer prices and rising risks
Record profits posted by the reinsurance sector expected to moderate in 2027 as the global market softening continues, according to Moody's.
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- September 2 2026
Anna Scott replaces Toni Ferrier as Marsh New Zealand CEO
Scott will retain her role as president of the newly-rebranded Marsh People and Investments in New Zealand.
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- September 2 2026
Insurers to brace for US$171bn of annual property cat losses: Verisk
The increasing global insured average annual loss is driven by the ongoing global expansion in property and insured values, according to Verisk's 2026 Global Modeled Catastrophe Losses Report.
