News Page 279 / 1198
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- August 5 2024
South Korean digital carrier Carrot gets exclusive rights to use behavioural-based motor insurance
Motor insurance, sold by 12 general insurers in Korea, is typically standardised with minimal differentiation, and therefore, exclusive rights are rare.
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- August 5 2024
Markel strengthens APAC team with four hires in Hong Kong and Singapore
Jenny Choi and Anna Tan join the carrier in Hong Kong as senior underwriters for casualty and fine art & specie, respectively, and Olga Wong and Isabelle Wong have been hired as senior underwriter for professional financial risk and cargo underwriter in Singapore, respectively.
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- August 5 2024
Markel takes Liberty Specialty’s Alvernia Xu as APAC head of operations
Singapore-based Xu will be in charge of the carrier's operational infrastructure reporting to APAC MD Christian Stobbs.
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- August 5 2024
Tesla renews bid for China insurance broking licence: report
The electric car maker has registered a new broking company after the firm it had initially set up in Shanghai in 2020 to apply for an intermediary licence was "cancelled" in April this year.
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- August 5 2024
BMS expands Australia energy team with Marsh hire
In his new role, Brisbane-based Toby Lucas will be responsible for supporting clients in the renewables, power and energy sectors across the country.
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- August 5 2024
Vietnam non-life insurers to benefit from higher infrastructure spending: AM Best
The rating agency maintains a stable outlook on the country's non-life insurance segment, as demand for commercial lines insurance is set to rise.
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- August 5 2024
China P&I eyes South-East Asia expansion, global tie-ups for reinsurance, claims support: AM Best
AM Best has affirmed the financial strength rating of A- (excellent) for China Shipowners Mutual Club with stable outlook.
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- August 3 2024
Maritime energy transition: Data dialogue key to achieving decarbonisation goals
Collaboration and shared learning amongst stakeholders will be vital to getting full value from the data captured as well as in achieving regulatory goals. The International Maritime Organisation’s (IMO) greenhouse gas (GHG) strategy is to reach net-zero emissions from international shipping by or around 2050, and there are various checkpoints to meet along the way. […]
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- August 2 2024
Lockton promotes Chris Brown to CEO of Lockton International
In his new role, London-based Brown will drive Lockton's strategy and growth across Europe, Latin America, Asia, Pacific (Australia & New Zealand), Middle East and North Africa.
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- August 2 2024
Talcott secures first Japan flow reinsurance deal with Dai-ichi Frontier Life
The global life reinsurer Talcott announced the appointment of Yasuhisa Watanabe as chief representative, Asia Pacific.
