News Page 3 / 1056
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- May 6 2025
Howden promotes Leo King to regional fac role
A company veteran, King was most recently an executive director, a post he had held for more than four years.
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- May 6 2025
South Korea allocates record US$1.38bn for unprecedented Yeongnam forest fires
Total damage has been estimated at KRW1.818 trillion (US$1.32 billion), marking the most severe forest fire incident since records began.
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- May 6 2025
Allianz Trade’s Rodrigo Jimenez to succeed Paul Flanagan as Asia Pacific CEO
Jimenez, who is currently regional commercial director for northern Europe with the trade credit insurer, will take charge on October 1.
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- May 6 2025
Market Lane rolls out new Australian MGA to offer product recall, environment liability
ML Specialty, to be led by Sam Souso, will offer environmental impairment liability as well as product contamination and product recall products for the food and beverages industry.
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- May 6 2025
Stress test shows Kiwi insurers can meet claims in NZ$100bn earthquake scenario
New Zealand's central bank assessed the responses to a major earthquake and severe cyber-risk incidents by simulating an event well beyond insurers’ solvency requirements, modelled to cost around US$60bn.
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- May 6 2025
Munich Re Specialty steps up diversification in Asia with cyber, specie build out
While select diversification continues, nat cats and cyber remain key emerging risks for clients in the region, Asia head Hui Yun Boo tells IAN.
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- May 5 2025
Sompo appoints Wei Beng Toh to APAC operational excellence role
Toh, who joins from Manulife as assistant vice president, will report to Kent Leong, head of regional project and commercial operations in APAC.
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- May 5 2025
Insurers call for advancing Australia’s resilience as Labor Party secures second term
Constructive collaboration between government, industry, and communities is essential in the face of more frequent and severe extreme weather, the Insurance Council of Australia says.
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- May 5 2025
Product recall specialist BluNiche to enter China with new capacity
The London MGA, backed by Chaucer capacity, has secured an increase in its underwriting capacity for 2025.
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- May 5 2025
Chubb promotes Titus Samuel to head of power and construction for Asia
Singapore-based Samuel, who has been the head of power generation and utilities since 2017, adds a focus on the construction sector.
