News Page 29 / 992
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- October 28 2024
Marsh appoints Shahrezal Wan as placement manager
Singapore-based Wan was previously vice president, senior client underwriter with Swiss Re.
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- October 28 2024
Tokio Marine Kiln taps Starr’s Alexandros Ampatzis as head of marine, APAC
Ampatzis will primarily focus on deepening the carrier's presence in target markets across the region and continuing the team’s rapid growth, reporting to TMK’s regional underwriting director Jamie Tang.
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- October 28 2024
Insurers cover 99% of eligible under cyclone pool scheme: ARPC
The annual in-force cyclone pool premiums were approximately US$343m for home policies, US$34m for strata and US$16m for SME policies.
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- October 28 2024
Lockton expands in India with Arihant acquisition
The acquisition by the global broker that entered the Indian market earlier this year has received regulatory approval.
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- October 28 2024
NZ’s Maritime Mutual clarifies its coverage of dark-fleet tanker involved in fire ceases on violation of sanctions
The Lloyd's backed P&I club that is believed to be the insurer to tanker that caught fire off Malaysian coast in July, said in a statement said that no payment is made to any party to a claim it would breach international sanctions.
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- October 27 2024
Allianz Singapore likely to achieve earnings breakeven in 3-5 years: S&P
The Singapore government blocking its Income acquisition will have no implication on its rating, the rating agency said affirming the insurer's A+ financial strength rating with a stable outlook.
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- October 25 2024
Dali owner, operator reach US$100m settlement over Baltimore bridge collapse
Singapore-based Grace Ocean and Synergy Marine, the owner and operator of the cargo ship that struck the Francis Scott Key Bridge in the US earlier this year, have agreed to pay the amount to the US federal government.
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- October 25 2024
Exclusive: Aon bolsters India treaty team with ICICI Lombard hire
Vidisha Singhal joins the broker as head of account management and will lead the team to support placements for property, agriculture and life and health clients.
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- October 25 2024
Dual Australia promotes Daniel Brown to head financial lines team
Sydney-based Brown was most recently New South Wales manager for the Howden-owned MGA.
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- October 25 2024
Taiping Singapore could see volatile underwriting, investment results impact earnings: AM Best
AM Best has affirmed an insurer rating of A (excellent) with a stable outlook for the company, primarily driven by a strong balance sheet.