News Page 382 / 1106
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- April 4 2023
Allianz Trade makes Singapore B2B e-commerce tie-up in Asia first
The trade credit specialist has agreed to underwrite risks for buy-now-pay-later fintech Bueno.money, the first time it has entered this market in the region.
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- April 4 2023
Target Insurance withdraws review plea against Insurance Authority
The Hong Kong insurer, which has been ordered by the High Court to be wound up, has agreed to pay the regulator's costs of the tribunal proceedings.
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- April 4 2023
Chubb-parent deal to benefit Huatai P&C ratings: Fitch
Huatai P&C ceded about 29% of its premiums written in H12022 through several reinsurance treaties to a portfolio of reinsurers.
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- April 3 2023
Rate hikes, significant structural changes make April 1 renewals challenging: Gallagher Re
"We certainly didn’t see any meaningful new capacity, or any other indication that reinsurers are prepared to cede their hard-won pricing territory any time soon," says global chief executive James Kent.
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- April 3 2023
QBE Asia names regional manager for claims operational governance
Kuala Lumpur-based Kamiseah Earnewati Wasli has been promoted to the role while Ken Siu to claims technical head for Asia.
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- April 3 2023
AUB and PSC postpone Tysers UK retail JV launch to May 1
The Australian brokers told the stock exchange that the start date has been delayed by a month as the deal finalisation continues.
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- April 3 2023
Munich Re quits net-zero alliance citing antitrust risks
The reinsurer claims it will pursue its own climate targets focusing on reducing greenhouse gas emissions.
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- March 31 2023
Marsh veteran Ramon Zandueta joins Oona Philippines as CEO
Marsh Philippines chairman since 2021, Zandueta will spearhead take charge at the Filipino general insurer on May 1.
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- March 31 2023
Hollard Insurance’s underwriting to benefit from lower expenses and rate hikes: AM Best
The rating agency has affirmed an insurer rating of A- (excellent) with a stable outlook for the company.
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- March 31 2023
Malaysian Re promotes Ahmad Noor Azhari to CEO
The former chief underwriting officer will take over from Zainudin Ishak from April 1.
