News Page 28 / 1347
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- September 1 2026
Seadrif triggers US$1.14m parametric payout for Laos floods
Insurer disburses US$1m to the government under its US$8m annual coverage and US$137,500 to the UN's World Food Programme under its US$1.1m policy.
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- September 1 2026
QBE completes sale of trade credit and surety business to Swiss Re CorSo
Two firms had struck a deal in February for the portfolio that is expected to generate annual revenues of approximately US$200m, according to Swiss Re.
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- September 1 2026
Reinsurers roar to near-record H1 returns as global reinsurance capital hits US$688bn
Gallagher Re’s composite index of leading global reinsurers delivered a 19.9% ROE in H1 2026, the second-highest half-year result in a decade.
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- September 1 2026
Adva Group launches Singapore reinsurance platform, led by veteran Jim Attwood
Adva Risk specialises in sophisticated, multi-year structured reinsurance solutions.
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- September 1 2026
Coface names 14-year veteran Antoine Pachoud head of commercial in Japan
He was most recently Coface Global Solutions (CGS) director for France and Western Europe, based in Paris.
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- September 1 2026
IFFCO Tokio promotes Tatsuya Fujimoto to managing director, CEO
Gurugram-based Tokio Marine veteran takes over from Subrato Mondal at the India JV, bringing more than two decades of experience across Japan, the US, Malaysia and India.
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- September 1 2026
Australian cyber specialist Emergence launches US operations
Steadfast Underwriting Agencies’ MGA taps Keith Savino to lead the new operations.
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- September 1 2026
Soaring construction costs outpacing inflation, straining disaster recovery and insurance premiums: ICA
Building cost surge widens protection gap as 145,000 homes damaged in past years, according to the Insurance Council of Australia (ICA).
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- September 1 2026
QBE Asia appoints internal leaders to strengthen wholesale markets business
Barry Robinson assumes newly created role head of portfolio solutions, while Melissa Anthony relocates to Singapore from Australia to lead the corporate liability unit.
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- September 1 2026
Great American Insurance boosts market development, marine capabilities
Insurer promotes Larry Kwok to head of the North Asia market (excluding South Korea), while Er Jun joins from Lockton as head of the marine major market division
