News Page 30 / 1134
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- August 14 2025
Suncorp underwriting result soars 54% to top US$1bn in FY25
Australian insurer's profit after tax was up 53% to US$1.2bn, boosted by asset sales and a 'favourable' natural hazard experience.
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- August 14 2025
Australian broker McLardy McShane seeks to ‘build the next generation’, unveils new look executive structure
Meg Long becomes CEO of McLardy McShane Partners, while Nick McLardy takes over as CEO of McShane Insurance Advisers.
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- August 14 2025
Crawford eyes India, China potential amid regional consolidation drive: Scott Reichelt
Asia president also tells InsuranceAsia News about the appointment of Tony Chapman as head of global technical services in Asia, the importance of training younger talent, and new nat cat trend events in unexpected locations.
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- August 13 2025
Samsung Fire & Marine’s H1 insurance profit down 16% at US$730m
South Korea’s largest carrier’s insurance revenue was up 9.4% to US$6.7bn, while reinsurance revenue increased by 89% to US$363m.
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- August 13 2025
Aon’s reinsurance solutions promotes Jocelyn Po to Philippines head
Po has been at Aon's reinsurance solutions for almost 12 years.
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- August 13 2025
Australia’s Envest targets heavy motor fleet sector with new agency
Led by managing director Pat Miller, TLI Underwriting is set to launch on August 31 to deliver specialised, BHSI-backed insurance solutions.
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- August 13 2025
IAG FY25 net profit surges 51.3% to US$887m, COR improves to 87.2%
Strong uplift in profit driven by 'disciplined approach to pricing, underwriting and claims efficiencies, combined with favourable perils experience'.
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- August 12 2025
Hannover Re’s H1 APAC revenue growth lags broader group
Reinsurer's APAC revenues fell 4.8% year on year in the first half of 2025, versus a 3.3% gain for the group.
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- August 12 2025
360 Underwriting hires CGU’s Pegah Vaghaye as Australian agencies’ COO
Sydney-based Vaghaye will oversee the optimisation of operational processes, integration of new agencies, and digital enablement initiatives.
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- August 12 2025
Lockton India appoints Darshan Parikh as senior director to corporate solutions group
Mumbai-based Parikh joins the broker following seven years at Marsh, and will be responsible for driving growth and expansion within the marine, aviation, and space practices.