News Page 304 / 1075
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- August 17 2023
Chubb announces new country heads for Japan, Korea
Edward Kopp has been named regional president for the Far East and country president, Japan, and Janice Mo takes over as country president for Korea.
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- August 17 2023
Perils ups Cyclone Gabrielle insured property losses to over NZ$2bn
The February storm on New Zealand's North Island was cited in several global reinsurers' H1 results as a major claims event.
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- August 17 2023
Steadfast registers strong FY revenue, profit boost; eyes A$445m of M&A ‘opportunities’
The Australian group's broking arm saw 12.7% of organic growth as the division contributed A$891.6m of revenue, up 24.5% over FY 2022.
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- August 17 2023
Exclusive: Ted Hodgkinson exits BMS — sources
IAN understands the Hong Kong-based Asia chairman has left the global broker.
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- August 17 2023
Opinion: India’s delayed insurance reforms will hurt growth agenda
With the much-anticipated parliamentary bill shelved, the government needs to act fast to ensure that the industry gets its due.
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- August 17 2023
ASIC review pushes insurers to fix claims handling lapses
The regulatory review covering 218,000 claims lodged with six carriers, including Insurance Australia Group, QBE and Suncorp, saw shortcomings in communication, project management and resourcing.
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- August 16 2023
Insurance Brands Australia appoints Scott Leis as chief executive
The Steadfast-owned broker also appointed Danielle Ritchie as chief operating officer and Rob Currenti as general manager for Insurance House.
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- August 16 2023
Shanghai international reinsurance hub set for August 20 launch: reports
The regulator has granted licences to seven insurers, including two foreign-owned carriers, to start reinsurance operations from the centre.
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- August 16 2023
Hawaii wildfire insured property losses to hit US$3.2bn: KCC
Tokio Marine, DB Insurance and MS&AD have exposure to the state's 'most destructive' ever fire, which has burned over 2,200 structures in the historic town of Lahaina.
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- August 16 2023
Sompo International eyes ‘wholesale’ route for APAC commercial lines growth
The carrier is exploring new markets and industries such as renewables and semiconductors, and is planning to double the wholesale team.
