News Page 273 / 1086
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- November 28 2023
IAG blames Credit Suisse’s due diligence failures for Greensill losses: reports
The insurer, in an Australian court filing, said that the Swiss bank should have known that the Bond and Credit company did not have the authority to issue the policies.
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- November 28 2023
Berkshire Hathaway ropes in Alex Zhang as senior property underwriter
Zhang, prior to this move, had spent over 17 years with QBE Insurance, most recently as senior underwriter.
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- November 27 2023
Over 85% of Australian carriers on track to achieve net-zero by 2050: ICA
An updated climate change roadmap provides goals and best practice guidelines to reduce greenhouse gas emissions for operations by the end of this decade and across the entire value chain by 2050.
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- November 27 2023
Latitude Brokers makes two senior hires to expand P&I team, creates superyacht division
The shipping specialist has appointed James Gargrave in Singapore as P&I director and Hong Kong-based Kevin Overton will head the new superyacht team.
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- November 27 2023
HDI Global onboards marine underwriting manager in Melbourne
Joel Richards joins from Australian specialist transport insurer NTI, where he was most recently national strategic underwriter - marine.
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- November 24 2023
Axa Hong Kong gets Casper Kam as casualty underwriter
Prior to this move, Kam was servicing Asia clients for AIG as its underwriting manager - casualty department.
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- November 24 2023
Reinsurance rates to moderate during January renewals: Fitch
Insured natural catastrophe claims are likely to exceed US$100bn again in 2023 but global reinsurers have been far less affected than in 2022.
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- November 24 2023
Swedish Club to offer cyber cover to all members
The cover will be available at preferential rates to all vessels insured for hull and machinery and/or P&I through the club.
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- November 24 2023
Opinion: The Asia casualty conundrum – curious case of underwriting results lagging rating
Rating uplifts in sectors such as general liability or cyber will take time to really kick in and feed into the bottom lines for carriers.
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- November 24 2023
Everest hires Liberty’s Michael McCarthy as senior casualty underwriter in Australia
Sydney-based McCarthy joins the insurer from Liberty Specialty Markets where he was most recently senior underwriter, casualty.
