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- October 19 2022
Ongoing Australian floods unlikely to trigger reinsurance cover: S&P
Insurers will be largely able to finance the claims themselves, though there are more flood warnings as rain and thunderstorms spread to other states.
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- October 18 2022
Guy Carpenter reinforces Australia treaty broking with Hannover Re hire
Bo Jiang, who was a senior underwriter at the reinsurer, joins the broker in Sydney as senior vice president.
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- October 18 2022
The Hartford swoops for Starr’s APAC head of financial lines
Hong Kong-based Ethan Tay will lead the financial lines team in the region for its Lloyd's arm Navigators.
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- October 17 2022
Latest Australian floods declared ‘significant event’ by ICA
Suncorp said it received about 1,000 claims in total, mostly from Victoria, and that it expects the numbers to increase in the coming days.
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- October 17 2022
Tokio Marine invests US$50m in bolttech’s Series B fundraising
The Japanese insurer will help the insurtech's distribution, product innovation and balance-sheet capacity.
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- October 17 2022
BHSI hands Singapore chief executive role to Mary Bruce-Kahn
Bruce-Kahn will double up her responsibilities by retaining her previous role as regional head of operations and IT.
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- October 17 2022
Covid BI decision: IAG readies US$218m buy-back, Suncorp to release around US$112m
The two insurers are communicating with customers and brokers about outstanding claims after the High Court dismissed appeals on second test cases.
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- October 17 2022
Berkley strengthens Greater China casualty team with Aon hire
Evelyn Pang joins the insurer’s Hong Kong branch as an underwriter.
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- October 16 2022
Peak Re’s outlook revised to negative by AM Best
Despite contagion risks from the Fosun ownership, the reinsurer's standalone business fundamental remains stable, said the rating report affirming its A- credit rating.
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- October 16 2022
Pakistan floods place credit pressure on P&C players
EFU General Insurance, Jubilee General Insurance and Adamjee Insurance have relatively small exposures to the flooding.
