News Page 271 / 1279
-
- February 10 2025
MG Non-Life owner to move court as talks with union break down: report
Korea Deposit Insurance Corporation's sale of the insurer to Meritz Fire & Marine has been stuck over the labour union's opposition.
-
- February 8 2025
Full capacity: Trump comes knocking; India opens doors
In this week's Full Capacity newsletter from InsuranceAsia News, we look at the state of the market, nat cats, Donald Trump and India, as well as our weekly roundup of people moves.
-
- February 7 2025
Aon, Sompo, Lockton, FM, Crawford: 10 APAC insurance people moves of the week
Great American Insurance Group, Great Eastern General Insurance Malaysia, Allianz Partners, Allianz Commercial, Berkley Insurance Asia, Generali Insurance Malaysia, HDI Global and domo also made personnel changes over the last week.
-
- February 7 2025
LA wildfires unlikely to impact APAC (re)insurers due to ‘limited’ exposure: Fitch
Rating agency expects insured losses from the wildfires to significantly exceed previous records, with industry estimates ranging from US$35-50bn.
-
- February 7 2025
India’s employees’ unions oppose ‘irresponsible, derogatory’ FDI hike: reports
All India Insurance Employees Association demands 'immediate' withdrawal of the proposal to increase the foreign direct investment (FDI) limit to 100%.
-
- February 7 2025
Great Eastern General Insurance Malaysia names Jeremy Yeap as CEO
Yeap succeeds Ng Kok Kheng, who retired at the end of January having served as CEO for 17 years.
-
- February 7 2025
HDI Global names Joanna D’Silva as senior underwriter for engineering in Melbourne
D'Silva previously spent over eight years at AIG, working in Melbourne and Malaysia.
-
- February 7 2025
Allianz Commercial promotes Horace Gon to deputy Hong Kong CEO
New role in addition to responsibility as head of financial lines for Hong Kong and greater China.
-
- February 6 2025
California fires losses to exceed Hannover Re’s Q1 large-loss budget
The reinsurer estimates a US$500-700m hit from the event and an industry loss of US$30-40bn.
-
- February 6 2025
KB Insurance income up 17.5% to US$676m in FY24
Long-term was the only line registering growth, while the Korean carrier's general business recorded a US$18.4m loss and its motor line fell 82.2%.
