News Page 348 / 1075
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- April 13 2023
ARPC declares cyclone event as Ilsa upgraded to category 5
The strongest tropical cyclone in the region in a decade is likely to hit Port Hedland, which is one of the largest iron ore ports in the world.
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- April 13 2023
J.B. Boda Viva Indonesia Reinsurance Brokers names Ricky Natapradja as CEO
He has held senior positions in Sompo Insurance Indonesia and Mitra Proteksi Madani.
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- April 13 2023
Opinion: India’s non-life players edging towards international systemic risk status
Home-spun big beasts GIC Re and New India will soon have more of an impact on the global stage.
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- April 12 2023
PVI Insurance leads consortium of insurers for crashed Vietnamese chopper
Bao Viet Insurance and Military Insurance are other members of the consortium that provides cover to the Vietnam Helicopter Corporation fleet.
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- April 12 2023
AIG Asia Pacific hires Cassandra Chua as a senior property underwriter
Based in Singapore, Chua, a former Swiss Re underwriter, specialises in property and casualty risks.
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- April 12 2023
Crawford partners with Vietnam’s NorthStar
The tie-up between the loss adjusters is designed to strengthen service and improve customer experience across the region of Cambodia, Laos, Myanmar and Vietnam (CLMV).
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- April 11 2023
Gallagher appoints Ralph Sherbahn as Asia financial lines leader
Sherbahn, who joins from Zurich, is based in Hong Kong and reports to North Asia CEO Thomas Wang.
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- April 11 2023
Taiwan regulator orders four insurers to raise capital or risk being taken over: report
Fubon, Tokio Marine Newa, Hotai and CTBC must restore their solvency levels by the end of June, or they would be taken over by the Financial Supervisory Commission within 90 days.
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- April 11 2023
AM Best upgrades CMB Wing Lung Insurance over CMI deal closure
The Hong Kong carrier to maintain a robust level of risk-adjusted capitalisation over the short to intermediate term.
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- April 11 2023
Enstar completes US$1.9bn LPT deal with QBE Insurance
The transaction covers a diversified portfolio of business, covering International and North America financial lines, European and North American reinsurance portfolios, and several US discontinued programs.
