News Page 36 / 1101
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- May 29 2025
‘Recovery doesn’t happen overnight’: NSW floods claims top 7,000
Claims related to the Mid North Coast and Hunter Regions floods have risen to 7,014 on Thursday, up from 6,109 on Wednesday.
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- May 29 2025
Exclusive: Swiss Re CorSo reshuffles APAC leadership as China CEO, Southeast Asia head depart
China CEO Jeffrey Pan will depart by the end of the year, while Singapore-based Didier Bélot will leave the company by the end of August.
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- May 29 2025
Berkley Insurance Asia hires AIG’s Vivian Chow as commercial PI lead
Chow will join the specialty (re)insurer in Hong Kong, as first reported by IAN, and will manage a newly established commercial professional liability practice.
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- May 29 2025
Asian Re to sustain sound underwriting profitability, rating upgraded: AM Best
AM Best upgrades the reinsurer's insurer rating to B++ (good) from B+ (good), while also revises its outlook to stable from positive.
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- May 28 2025
Tokio Marine sets up green unit amid push for decarbonised society
Tokio Marine GX will build on the existing work of GCube, Tokio Marine's renewable energy-focused MGA.
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- May 28 2025
NSW floods claims jump 20%, clean up and recovery expected to be long-term
Insurers have received more than 6,000 claims relating to the Mid North Coast and Hunter region floods as of Wednesday, according to the Insurance Council of Australia.
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- May 28 2025
Markel Australia launches FI solutions, begins with expanded finpro cover for investment managers
Team will be co-led by senior underwriters Lan Pham, based in Melbourne, and Daisy Galvin, who has transferred to Sydney from London.
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- May 28 2025
Peak Re expands to North America with Bermuda subsidiary led by Gene Zhang
With a focus on underwriting casualty reinsurance, Peak Re North America 'is a significant step in our group’s global growth strategy', group CEO Franz-Josef Hahn says.
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- May 28 2025
Aon promotes Mary-Catherine Hamill to head of construction in Australia
She has been with Aon for over nine and a half years, most recently as specialty solutions placement leader.
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- May 28 2025
Gallagher Re taps Aon Re’s Chulmin Jang as Korea CEO
Jang succeeds Phil Won Jeong, who will become chairman of Gallagher Korea.
