News Page 327 / 1000
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- October 31 2022
New South Wales government announces US$513m flood package
Since 2019 insurers have received more than 577,000 claims related to declared flood events to the value of $5.64bn.
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- October 31 2022
Australian insurance regulator names new chair
APRA has elevated John Lonsdale to chair and appointed Margaret Cole as deputy.
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- October 28 2022
AGCS’ Nick Wood steps up to lead APAC property
The deputy APAC property head is replacing Victorio Villar who is leaving the firm at the end of the year to pursue “other interests”.
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- October 28 2022
IRDAI permits FRBs, Lloyd’s India to repatriate excess capital
Foreign reinsurers can withdraw up to 20% of assigned capital once a year, according to the circular.
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- October 28 2022
Brokerslink adds Uncharted as tech affiliate
The Singapore firm provides brokers, MGAs and insurers access to a cloud-based digital platform.
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- October 28 2022
Exclusive: Fosun seeking US$1.25bn for Peak Re
Offers are likely to come in at a substantial discount to Bermudian peers, IAN understands.
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- October 28 2022
Irene Chiu swaps Gallagher for Aon in Hong Kong: sources
She joins as head of growth and Delivering Aon United leader.
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- October 27 2022
Starr hires senior casualty exec as Hong Kong liability head
Jazz Tang was most recently liability underwriting manager at Bank of China Group Insurance.
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- October 27 2022
China P&C grew 10.6% YoY in the last decade
While GWP zoomed 153% to US$192bn in 2021, the share of motor moderated to 56.8% to 72.4% 10 years ago, CBIRC data shows.
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- October 27 2022
Rate rises and healthy pipeline power Lloyd’s Asia renewable consortium
The facility’s US$100m capacity could be increased, says Chaucer Singapore CEO Margaret To.
