News Page 370 / 1278
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- July 16 2024
Australian MGA ATL appoints Allianz’s Jason Hawksworth as CEO
Sydney-based Hawksworth will succeed Allan Smith who has become executive chairman of the firm.
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- July 16 2024
Munich Re promotes Chris Baker to APAC cyber practice lead
Singapore-based Baker takes over the role from Serene Chan, who will head the carrier's P&C reinsurance business in Greater China.
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- July 16 2024
AUB targets New Zealand expansion through equity partnership with Northco
Northco’s management will retain a significant shareholding "to continue to adopt an entrepreneurial focus for the business".
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- July 16 2024
Munich Re’s Serene Chan takes charge as head of P&C reinsurance for Greater China
Chan, who was previously regional head of cyber for Asia Pacific with the reinsurer, was appointed in the new role following a wider regional leadership reshuffle earlier this year.
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- July 16 2024
Guy Carpenter expands APAC MGA practice with new Australia, New Zealand leader
The broker has appointed regional fac leader Krystina Wallis as head of GC Access for the region.
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- July 16 2024
PICC P&C posts 3.7% premium income growth in H1 2024
The premium income for the first half stood at US$42.9bn with motor vehicle insurance accounting for about 45% of the premiums.
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- July 16 2024
ARPC appoints Karin Rathbone as new chief risk officer
Sydney-based Rathbone was most recently chief risk officer with Colonial First State.
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- July 16 2024
Bangkok Insurance COR projected at 85%-90% over the next two years: S&P Global
The rating agency has affirmed the carrier's 'A-' local currency long-term issuer credit and financial strength rating to the insurer, with a stable outlook, and expects its capital adequacy to remain above its 99.95% confidence level over the next two years.
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- July 15 2024
Ping An Insurance eyes US$3.5bn fundraise: report
The insurer will raise the funds through a convertible bond offering, according to a Bloomberg report.
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- July 15 2024
Peak Re promotes David Menezes as chief risk officer
Hong Kong-based Menezes has been serving as the deputy chief risk officer at the global reinsurer since September 2022.
