News Page 36 / 909
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- April 30 2024
China’s insurers see US$96.5m in reported claims from week-long Guangdong rainstorm
As of April 28, a total of 34,700 cases were filed to insurers in the southern province of China and the carriers have paid out a third of it amounting to US$28.4m.
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- April 30 2024
HDI Global hires Richard Upton to head financial lines in New Zealand
Joining from Zurich, Auckland-based Upton will focus on building the company’s financial lines portfolio in the New Zealand market.
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- April 30 2024
APAC accounts for nearly half of global economic losses in Q1 2024: Aon
The global (re)insurance sector is bracing for an "extremely active" Atlantic hurricane season driven by record-breaking land and ocean temperatures.
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- April 30 2024
Australian MGA Market Lane expands New Zealand team with BHSI hire
Auckland-based Luke Scott joins as regional development manager for the MGA's specialty commercial insurance underwriter The Barn New Zealand and will help deliver broker partner solutions.
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- April 30 2024
Dual launches title insurance for real estate, M&A deals in select APAC markets
The MGA's new offering will focus on commercial property deals in Australia, New Zealand, Hong Kong, Singapore and M&A transactions will also extend to Japan and South Korea.
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- April 30 2024
Exclusive: Mark Johnson set to take charge as Starr Hong Kong CEO
The former Howden Hong Kong chief executive will start at the insurer from early May, IAN understands.
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- April 30 2024
QBE elevates Nicola Schroder to group head of sustainability
Melbourne-based Schroder will be responsible for sustainability governance, strategy implementation, human rights, and modern slavery initiatives, and driving social impact through the QBE Foundation.
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- April 30 2024
Insurers’ switch to risk-based pricing makes insurance unaffordable: RBNZ
Climate change and rising reinsurance costs are prompting more insurers to switch to a risk-based pricing approach, but the Reserve Bank of New Zealand warns that this is also making property insurance unaffordable and leave customer underinsured.
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- April 29 2024
Chris Kempton joins Marsh Australia as managing principal for Northern Territory
Darwin-based Kempton brings expertise in broking both conventional programs and discretionary trusts, workers compensation claims management and loss adjusting.
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- April 29 2024
Indonesian broker Axle Asia rebrands as bolttech
The rebrand and renaming are expected to boost bolttech's solutions in the largest economy in South-East Asia.