News Page 318 / 1164
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- February 29 2024
Shipowners, IOPC settle over 8000 claims one year after MT Princess Empress oil spill
The newest estimate of total damage to environmental and coastal communities exceeds US$731m, including environmental losses of US$712m and socioeconomic losses totalling US$19.5m.
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- February 29 2024
Chubb New Zealand country president Andrew Brooks leaves
Auckland-based Brooks has accepted a six-month contract role at Insurance Advisernet as national manager partnerships & development, effective March 4.
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- February 28 2024
Hong Kong reiterates pledge to develop as ILS hub in 2024-25 budget
The city's financial secretary repeated its goal of developing insurance-linked securities such as cat bonds, and attracting captives as key to developing its specialty insurance market.
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- February 28 2024
Fusion Specialty announces new APAC M&A leader
Tokyo-based Steven Harwood has taken charge as APAC managing partner for the specialist MGA, overseeing operations from New Zealand to India.
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- February 28 2024
Lloyd’s rejigs Australia leadership following Chris Mackinnon promotion
Tracey Bryan is set to take on additional role as Lloyd’s Australia general representative, and Peter Plustwik will be promoted to general manager, both effective April 1.
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- February 28 2024
Gallagher plans APAC fac buildout with Singapore, Sydney hubs
The broker, which is hiring a new team in the hub, wants to support the underwriters locally while writing business from around the world as it brings the offering under one international platform, according to Malcolm Payton.
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- February 28 2024
Steadfast H1 revenue grows 19% to US$517m
The Australian broking and underwriting group is on target to complete AU$183m of trapped capital acquisitions in FY 2024.
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- February 28 2024
Marsh appoints Jason Howard as finpro risk management leader for Pacific
Sydney-based Howard will assume the new role in addition to his current position of chief client officer finpro - Pacific.
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- February 28 2024
Aon names Tracy-Lee Kus as head of North Asia
Singapore-based Kus will assume the new role in addition to her current position of head of commercial risk solutions, Asia Pacific.
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- February 27 2024
Allianz Malaysia’s 2023 non-life GWP up 13.1% on higher motor premium
Profit before tax for the general business rose 7.9% to US$116.4 million, while COR edged up to 85.7%.
