News Page 373 / 1060
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- December 7 2022
Confronting inflation to avoid playing catch up at renewals
Insurers must anticipate higher rates and increasing retentions, and engage early to avoid missing out or paying a heavy price, says Swiss Re’s Mark Senkevics.
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- December 7 2022
China Taiping UK completes transfer of EU book to Darag
The legacy decision was taken as a result of the UK's decision to the EU.
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- December 7 2022
Japan, Korea and China stable as global P&C outlook turns negative: Moody’s
In most regions across the globe claims inflation is hurting underwriting profitability.
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- December 6 2022
China non-life carriers to see steady premium growth, sound solvency buffer: Fitch
Non-motor to be the growth driver due to regulatory initiatives and low market penetration.
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- December 6 2022
Gallagher continues M&A push with Brisbane broker buy
Ausure Coast & Country is the seventh Australian acquisition in as many months for the global broker, which says there are more deals 'to come'.
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- December 6 2022
HKIA’s roadmap to help build regional connectivity and mobilise private capital
Tech, talent and data are the enablers of sector growth, according to Hong Kong's secretary for financial services and treasury.
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- December 5 2022
Suncorp New Zealand hires Tower underwriting head
Nicholas Meister has joined the Australian insurer's arm as executive manager for broker business and channel partnerships.
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- December 5 2022
Meritz Fire & Marine’s loss ratio outperformed domestic peers: AM Best
The rating agency upgraded Korea’s fifth largest non-life carrier's rating to A on its strong profitability.
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- December 5 2022
WTW names William Miller as head of APAC for new crisis management unit
The broker is merging its special contingency risk and terrorism and political violence teams from January 1.
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- December 5 2022
Hotai Insurance downgraded by AM Best over ‘significant’ pandemic claims
The Taiwanese general insurer has been rated at B++ as Covid-19 claims wiped off US$853m capital injection by parent Hotai Motor.
