News Page 34 / 1089
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- May 9 2025
Lloyd’s, Allianz Trade, Chubb, Howden, Axa XL: 10 APAC insurance people moves of the week
Global Asia Insurance Partnership (GAIP), Everest, AIG Australia, MSIG Asia, Sompo and IAG's Intermediated Insurance Australia also made personnel changes over the last week.
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- May 9 2025
India to revive plan to merge 4 general insurers: report
Merger would create a non-life carrier with the highest market share in India and help the government’s mission of 'insurance for all' by 2047.
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- May 9 2025
Favourable underwriting to help VinaRe deliver strong operating performance: AM Best
Global rating agency affirms financial strength rating of B++ (Good) and long-term issuer credit rating of bbb+ (Good), with a stable outlook for the national reinsurer of Vietnam.
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- May 9 2025
Opinion: With great expectations, will India’s growing but potentially vulnerable surety bond sector avoid the mistakes of past markets?
Decision by India’s regulator to allow insurers to write surety bonds goes hand-in-hand with a booming construction sector.
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- May 8 2025
GAIP appoints Min Hung Cheng as CEO
Singapore-based Cheng was most recently the interim CEO following the departure of John Maroney.
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- May 8 2025
Taiwan’s FSC revises digital insurer regulation to boost innovation, reduces capital requirement to US$16.5m
Key changes include allowing physical service locations and permitting foreign digital carriers to apply for a licence.
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- May 8 2025
IAG to centralise specialist functions of intermediated businesses CGU and WFI
As part of the revamp, the Australian insurer has appointed Fiona Geddes as executive general manager operations.
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- May 8 2025
Patrick Tiernan appointed Lloyd’s CEO, succeeding John Neal
Current chief of markets will start in the new role from June 1.
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- May 8 2025
Loss of key contract could impact Australian LMI specialist Helia: S&P
Global rating agency revised its outlook to negative from stable after Helia Insurance said it would likely lose a key contract with the Commonwealth Bank of Australia.
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- May 8 2025
Ex-Tropical Cyclone Tam 15th event to top AU$10m for Suncorp
The 15 events and other attritional natural hazard costs have meant natural hazard costs for the 10 months to April 30 are expected to be AU$1.1bn,
