News Page 274 / 1075
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- October 31 2023
SIRC kicks off with focus on Asean co-operation, data and cyber, climate risks
The 19th Singapore International Reinsurance Conference (SIRС) themed ‘reinsurance reset’ has welcomed 2,772 delegates from 72 countries.
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- October 31 2023
ICA accepts seven recommendations from post-flood review
Global consultancy Deloitte has highlighted several areas where insurers fell short of best practices while dealing with the February to March 2022 floods.
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- October 31 2023
Allianz Trade’s Tricia Koh named commercial director for Hong Kong, Taiwan and South Korea
Koh is replacing Hassan Omaish who has taken up the role of global head of brokers and partnerships from Paris.
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- October 31 2023
Markel makes three appointments in Australia
Ahmed Farag joins as head of casualty, Kym Beazleigh becomes head of professional and financial risk and head of Sydney and Arné Booysen a senior PI underwriter.
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- October 31 2023
SIRC: Low-level aggregate covers will not be in our appetite — Hannover Re’s Sharon Ooi
Talking to IAN, Ooi, who oversees APAC, says markets that don’t want to address pricing disconnects will struggle, but that she expects 'disciplined' capacity to be available.
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- October 31 2023
SIRC: SIRC kicks off with focus on Asean co-operation, data and cyber, climate risks
Ravi Menon, managing director of the Monetary Authority of Singapore, warns there is not enough data on economic exposure to perils such as nat cats and cyberattacks.
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- October 30 2023
SIRC: Reinsurance capacity squeeze higher this year for APAC insurers — Gallagher Re
The region's insurers are optimising their balance sheets and considering new operating models, according to the global broker.
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- October 30 2023
Craig Buckle to lead Lockton New Zealand from January
The head of the corporate risk business division replaces the retiring Peter Lowe as chief executive from the beginning of 2024.
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- October 27 2023
Sompo International hires from Axa XL for APAC head of crisis management, commercial P&C
Pei Ru Chiew was previously in Axa XL’s Singapore team as a senior underwriter of war, terrorism and political violence.
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- October 27 2023
Perils increases south-east Australia flood loss estimate to US$613m
The October event mainly impacted Victoria and NSW with property losses contributing 91% of the loss, while 9% were motor losses.
