News Page 322 / 1088
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- August 2 2023
Sompo International takes BHSI’s Emily Poh to head APAC professional lines
Singapore-based Poh will report to Paul O'Neill, regional head of commercial lines.
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- August 2 2023
Japan insurance price-fixing scandal escalates as multiple complaints come to light
Reports suggest the country's big four non-life carriers may have colluded to fix premium rates in co-insurance contracts involving Tokyu Group, Keisei Electric Railway, ENEOS and East Japan Railway, among others.
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- August 2 2023
Scandal-hit Vesttoo to close Asian offices: report
The insurtech will close its Tokyo, Hong Kong and Seoul offices, and lay off around 75% of its global staff.
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- August 2 2023
Crawford’s Jonathan Hubbard to replace Tim Jarman as Australia president
The senior technical adjuster is set to start the role on August 21, with Jarman retiring at the end of the year.
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- August 2 2023
QBE betting on specialty, GBA to drive north Asia growth
The carrier is looking to leverage its global expertise, build regional partnerships and 'supercharge' distribution channels, says region chief Lei Yu.
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- August 2 2023
Chubb reshuffles senior Asia Pacific P&C leadership
Chris Gough is leading P&C lines in Asia and Hayden Baker has taken over Gough's role as head of P&C for Australia & New Zealand.
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- August 1 2023
Howden appoints Amit Agarwal India CEO in leadership rejig
Mumbai-based Agarwal takes over from Praveen Vashishta, who has been appointed to the role of chairman.
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- August 1 2023
Asian aircraft lessors set for June 2024 trial over insurance claims on jets in Russia: report
SMBC Aviation, BOC Aviation and CDB Aviation are preparing for the hearing in cases involving several leading global (re)insurers.
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- August 1 2023
Axa XL bolsters north Asia marine team with two senior promotions
Shirley Kwok has been promoted to head of marine cargo, North Asia, with Gary Tin elevated to senior underwriter.
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- August 1 2023
Asia saw ‘double-digit’ D&O price decreases in Q2 as cyber rose 8%: Marsh
Composite insurance pricing in the region was flat as hikes in property and cyber were offset by a decline in casualty and financial and professional lines rates.
