News Page 272 / 911
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- July 1 2022
Philippine Crop Insurance placed under close regulatory supervision
PCIC was found to be “very exposed to catastrophe losses which are not reinsured.”
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- July 1 2022
China’s Henan province launches pilot cat scheme
Local government wants to boost protection in six cities after dramatic floods last year.
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- June 30 2022
Tobias Frenz becomes Munich Re’s Singapore CEO as James Park departs
In addition Surbhi Goel has been given a wider P&C remit at the reinsurer.
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- June 30 2022
Asian firms register privacy breach as top cyber concern: Marsh
Data shows there is a lack of cybersecurity risk controls in place.
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- June 30 2022
Malaysia’s regulator approves Liberty’s purchase of AmGeneral
The P&C deal is set to be formally completed next month and signals IAG's exit from the country.
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- June 29 2022
Acrisure Re signs India fac partnership with Mahindra Insurance Brokers
The deal will help Acrisure expand in India and Mahindra to access global markets.
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- June 29 2022
China Taiping Insurance appoints Singapore CEO
Zhang Zhongyi replaces Yang Yamei who has been assigned a group position.
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- June 29 2022
Australia’s Feb, March floods now third costliest nat cat: ICA
The floods in Queensland and New South Wales have caused over US$3.3bn of insured losses.
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- June 28 2022
Sompo makes coal underwriting pledge and joins Net-Zero Insurance Alliance
The insurer commits to ruling out underwriting and investment in certain coal companies by 2025.
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- June 28 2022
The London P&I Club appoints Deborah Yu as Hong Kong manager
Fiona Pounds to become deputy general manager amid four other appointments.