News Page 382 / 1210
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- January 11 2024
ILS fund Leadenhall hires Yuko Hoshino to grow Japan, Asia fundraising
London-based Hoshino will report to Lorenzo Volpi, managing partner and deputy CEO of the Mitsui Sumitomo-backed ILS investment manager.
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- January 10 2024
Generali takes 100% ownership of China P&C JV
The global insurer has bought out the 51% stake owned by CNPC Capital in Generali China Insurance for US$108m through a public auction.
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- January 10 2024
Australian government is ‘planning to review’ cyclone reinsurance pool, says minister
Murray Watt, the country's minister for emergency management, said that over the next five years the federal government will allocate US$671m in disaster mitigation funding to be matched by state and territory governments.
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- January 10 2024
Oona Insurance Indonesia appoints new CEO
Jakarta-based Vincent Soegianto was most recently the merchant business head at Indonesian Bank Jago where he was leading the finance solution for SMEs.
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- January 10 2024
Minimal impact seen on insurers following Japan earthquake: Fitch
The three non-life carriers have limited net retention on residential earthquake risk, which is run by the government, and on commercial risks, which is largely reinsured.
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- January 10 2024
NIBA CEO Philip Kewin resigns, set to leave in April
The Australian broker industry body has commenced an executive search to find its next CEO.
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- January 10 2024
Howden Hong Kong chief executive Mark Johnson set to leave; Alfred Sham named interim CEO
Johnson will remain with the firm to ensure an orderly transition until the spring.
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- January 9 2024
Typhoon Doksuri tops APAC nat cat overall losses at US$25bn: Munich Re
Two major disasters in New Zealand – Auckland floods and Cyclone Gabrielle – topped APAC insured losses at around US$4 billion.
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- January 9 2024
Duncan Ainsby returns to WTW corporate risk and broking team
Hong Kong-based Ainsby, who comes from Acrisure Re, joins as head of large accounts practice, north Asia.
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- January 9 2024
Guy Carpenter’s global property cat rate-on-line index up 5.4% in 1.1 2024
This is the seventh consecutive year-on-year increase for the index, but it was significantly lower than the 27.5% rise seen last year.
