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- January 24 2024
AIG appoints head of accident & health in Singapore
Ann Wong rejoins the insurer after a 10-year break.
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- January 23 2024
Hong Kong Insurance Authority appoints Clement Lau as executive director
Lau, who had worked at the city's central bank prior to the latest appointment, will be in charge of reviewing regulatory frameworks and policies affecting the insurance sector.
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- January 23 2024
Thai Re to improve underwriting results in 2024 with COR below 100%: Fitch
The rating agency has affirmed the reinsurer's rating at 'A-' (strong) with a stable outlook based on strong capitalisation, favourable company profile and expectation of steady earnings from FY 2024.
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- January 23 2024
Sompo Holdings CEO Kengo Sakurada to step down in March over BigMotor scandal: report
President and chief operating officer Mikio Okumura is expected to succeed Sakurada as CEO at the insurance group holding company.
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- January 23 2024
Carbon specialist Lloyd’s coverholder Kita enters Singapore
The niche player, which has operations in the US, Canada, Switzerland and the UK, covers carbon credit risks by protecting buyers against delivery risk.
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- January 23 2024
Australia braces for rainstorm, floods as cyclone Kirrily heads to Queensland
The second tropical cyclone to hit the country's eastern coast in as many months is forecast to bring intense rainfall that may lead to 'life-threatening flash flooding', according to the Bureau of Meteorology.
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- January 23 2024
Nepal’s Himalayan Re granted India reinsurance licence
The privately owned reinsurer has been granted a reference number by IRDAI allowing the company to do reinsurance business from India.
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- January 23 2024
Chris Mackinnon named Lloyd’s regional director with Iain Ferguson set to retire
Mackinnon will start in his new role on April 1, while Ferguson will retire on December 31, InsuranceAsia News can reveal.
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- January 22 2024
NorthStandard to open Korea office as it expands APAC presence
The Seoul office will be operational from late spring 2024 and will initially be staffed by Shang Doe Shim, a claims director currently based in the club’s Singapore office.
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- January 22 2024
Lockton makes India foray, appoints Sandeep Dadia as country CEO
The US-based broker has been awarded a licence to start insurance broking operations in India.