News Page 4 / 1066
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- May 23 2025
SMBC Aviation’s insurance settlements for jets stranded in Russia reach US$1.4bn
Japanese aircraft lessor says it received US$24m in FY25 and US$630m, in addition to a US$756m settlement from Russian insurer NSK in 2023.
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- May 23 2025
Axa ‘among the first’ to utilise new Hong Kong re-domicile regime, to move Bermudan unit
Hong Kong government passed the inward company re-domiciliation regime last week.
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- May 23 2025
Asia warming to MGAs as regulators, capacity providers embrace niche underwriting: Qubit’s Helen Ye
Hong Kong MGA eyes regional expansion as it plans to 'become a leading underwriter in the digital asset space across Asia Pacific'.
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- May 22 2025
German insurer SV partners with Japan’s Zenkyoren to debut US$100m earthquake bond
The 3-year bond covers losses from Japan on an indemnity basis and across Germany on a parametric basis.
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- May 22 2025
AIG Australia & New Zealand CEO Grant Cairns to depart, Kathleen Warden appointed GM
Warden and New Zealand GM Liam Pomfret will report directly to regional president Chirs Colahan.
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- May 22 2025
Lockton promotes Piers Hughes to head of placement for Asia
Singapore-based Hughes has been with Lockton for almost five and a half years.
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- May 22 2025
Lloyd’s elevates Janus Cheung to head of market development for Asia
Singapore-based Cheung has been with Lloyd's for almsot two and a half years.
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- May 22 2025
Philippines’ insurance penetration grows to 1.89% in Q1 2025: IC
The Insurance Commission attributed the improvement to the faster premium growth, with the non-life NWP rising 19.3% to US$365m, mostly supported by the motor and fire lines.
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- May 22 2025
Axa XL gives Jamie Chambers expanded role as greater China CEO
Chambers will continue to lead Hong Kong business while also taking on broader leadership responsibilities across China, Macau, and Taiwan.
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- May 22 2025
Australian competition watchdog clears IAG’s RACQ acquisition
ACCC said Suncorp, Allianz and QBE, and newer entrants such as Youi, Auto & General, and Hollard will continue to compete in Queensland.
