News Page 325 / 1049
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- April 3 2023
AUB and PSC postpone Tysers UK retail JV launch to May 1
The Australian brokers told the stock exchange that the start date has been delayed by a month as the deal finalisation continues.
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- April 3 2023
Munich Re quits net-zero alliance citing antitrust risks
The reinsurer claims it will pursue its own climate targets focusing on reducing greenhouse gas emissions.
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- March 31 2023
Marsh veteran Ramon Zandueta joins Oona Philippines as CEO
Marsh Philippines chairman since 2021, Zandueta will spearhead take charge at the Filipino general insurer on May 1.
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- March 31 2023
Hollard Insurance’s underwriting to benefit from lower expenses and rate hikes: AM Best
The rating agency has affirmed an insurer rating of A- (excellent) with a stable outlook for the company.
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- March 31 2023
Malaysian Re promotes Ahmad Noor Azhari to CEO
The former chief underwriting officer will take over from Zainudin Ishak from April 1.
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- March 31 2023
Swedish Club hires Thorbjorn Emanuelsson as director underwriting for Hong Kong
The appointment of Emanuelsson, who joins the P&I club from Gard, follows the recent promotion of Lars A Malm to managing director of the SAR office.
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- March 31 2023
Mitsui Sumitomo’s underwriting to improve to pre-pandemic levels: Fitch
The rating agency has affirmed an insurer rating of 'A+' (strong) with a stable outlook to the company.
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- March 31 2023
Bolttech ties up with Tune Protect for digital devices cover in Malaysia
The insurer will underwrite protection for cracked screens, accidental and liquid damage for mobiles and the insurtech will provide device support services.
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- March 31 2023
Cyclone Gabrielle initial losses at US$940m: Perils
This is substantially higher than ICNZ data which came out a week ago at US$555.3m.
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- March 30 2023
Medibank served another lawsuit for cyber security lapse
Law firm Quinn Emanuel Urquhart & Sullivan has initiated a class-action lawsuit for breach of disclosure obligations.