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- November 24 2022
Tokio Marine raises stake in Indonesia JV to 80%
The Japanese giant has bought an additional 20% equity from its partner Jasindo for US$33m.
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- November 24 2022
Tower’s FY 2022 COR improves to 90.1% but profits slip
The company said the strengthening of Canterbury earthquake reserves and a customer remediation provision impacted results.
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- November 24 2022
ICA warns New South Wales, Queensland floods could become the costliest
236,000 claims worth US$3.67bn have been reported across the states for the February/March disaster.
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- November 23 2022
Generali confirms Cecilia Chang as head of Hong Kong life, P&C units
InsuranceAsia News first reported the appointment in September.
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- November 23 2022
Ardonagh snaps up Australia’s Envest for US$320m
The Brisbane-based firm, which owns broker consolidator the Aviso Group, will continue to be led by Greg Mullins and trade under the same brand.
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- November 23 2022
China Huanong on rating watch over rapid growth in risky assets: Fitch
The Chinese non-life insurer's risk-assets ratio nearly doubled in nine months to 49% by the end of Q3.
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- November 23 2022
Aon Indonesia appoints Inti Amaliah as head of reinsurance
Amaliah joins the global broker after a four-year stint with Willis Re.
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- November 23 2022
Fosun mandates Deutsche Bank for Peak Re sale: report
The formal process has yet to kick off, and information memorandums to potential buyers are likely to be sent by year-end, the report said.
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- November 23 2022
Allianz to join Australian cyclone reinsurance pool in January 2023
The insurer said the average premium offered to existing customers exposed to cyclone and related flooding risk will be around 6% lower.
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- November 22 2022
Hanwha General’s performance helps outlook improve to ‘stable’: Moody’s
Lower claims on motor and long-term medical insurance have helped the Korean firm.
