News Page 29 / 1028
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- January 19 2025
Update: Eastern Australia battered by deadly storms, tennis ball-sized hail
A tropical cyclone has formed off Australia’s western coast, as eastern states deal with the fallout from damaging storms and continuing rain.
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- January 17 2025
Tokio Marine, Gallagher, Markel, AIG: 10 APAC insurance people moves of the week
Miller, Aon, Hydor, the Australian Securities and Investments Commission, Crawford, Marsh Asia, WTW, Newline Group and Coface also made personnel changes over the last week.
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- January 17 2025
AIG appoints Chubb’s Fery Hakim as Indonesia CEO
Hakim spent almost 11 years at Chubb, most recently as head of broker, bancassurance and multi-finance.
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- January 17 2025
Vietnam’s PTI to benefit from remedial measures, portfolio revamp: AM Best
The rating agency has affirmed rating of B++ (good) and upgraded the carrier´s outlook from negative to stable reflecting its strong balance sheet.
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- January 17 2025
India’s non-life segment set for robust growth: AM Best
Despite underwriting losses, the industry posted double-digit premium growth in FY2024, the global rating agency says.
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- January 17 2025
Liquidation on the cards as MG Non-Life sale hits union roadblock
Korea Deposit Insurance Corporation says preferred bidder Meritz Fire & Marine has been unable to conduct due diligence due to labour union opposition.
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- January 17 2025
Marsh Asia rejigs renewable energy team in Singapore
Martin Beck has been elevated to energy transition leader, with Robert Jones taking up the new role of renewable energy leader.
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- January 17 2025
Crawford strengthens Malaysia team with Sedgwick hire
Global loss adjuster Crawford appoints Tony Kan as director for large and complex loss.
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- January 16 2025
Aon rejigs Asia transaction solutions team
Broker promotes Xianwei Lee to head of Mergers & Acquisitions & Transaction Solutions (AMATS) amid four changes to its Singapore-based team.
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- January 16 2025
Hong Kong’s Nova Insurance in ‘unique’ position with acquisition of Chinese broker
Beijing Nova Insurance Services has become an indirect wholly-owned subsidiary of FSE Lifestyle Services, and will operate as part of Nova Insurance Group.
