News Page 326 / 1075
-
- June 16 2023
Axa XL Re’s Japan CEO to step down
Takashi Oka will leave the global specialty (re)insurer on July 1 after seven years in the role.
-
- June 15 2023
Fewer cyclones to make landfall in China, Korea, Taiwan and Vietnam in 2023: Guy Carpenter
The Philippines is set see a 'near normal' number make landfall as the weather shifts from La Niña to El Niño conditions.
-
- June 15 2023
India proposes sweeping changes to insurance rules: report
Several amendments around capital and broker registration have been proposed by the regulator to improve insurance penetration.
-
- June 15 2023
Lloyd’s to reverse losses this year, affirms AA- rating, including for China: Fitch
Fitch expects Lloyd’s to maintain its improved global underwriting results in 2023-4 as pricing conditions remain 'favourable', although volatility will remain.
-
- June 15 2023
Howden Australia ups its sport and entertainment game with broker hire
The global broker has appointed Ben Hand, most recently a manager at CorpSure Insurance Broking, to lead the team.
-
- June 15 2023
TA Associates explores Honan exit at US$300-400m valuation: report
The private equity firm took an undisclosed stake in the acquisitive Australian P&C broker in 2020.
-
- June 15 2023
IAG hikes rates substantially in New Zealand and Australia
The carrier said price rises of up to 30% were a result of unprecedented nat cats, claims' inflation and reinsurance costs.
-
- June 15 2023
McLarens-owned Australia and NZ specialist adjuster rebrands
GKA Investigations Group, which provides fire forensics and forensic engineering services, has become Halliwell as an extension of the US operations.
-
- June 14 2023
Zurich eyes US$400m stake in India’s Kotak General Insurance: report
The Swiss insurer has expressed interest in a 49% or 51% stake in the Kotak Mahindra Bank-owned general insurer, according to Reuters.
-
- June 14 2023
‘Very severe’ Cyclone Biparjoy to hit India, Pakistan
The powerful storm is intensifying and has triggered large-scale evacuations and shuttered oil and container ports.
