News Page 408 / 1061
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- August 23 2022
Crawford bolsters Australian team with two senior hires
Andrew Webb joins from Charles Taylor in Sydney while Lynn Lappin joins in Brisbane from Sedgwick.
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- August 23 2022
Marsh’s new hydrogen facility will place Asia risks
The collaboration with AIG and Liberty provides US$300m cover per risk for construction and start-up phases.
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- August 22 2022
Andrew Bicknell’s Singapore return boosts Clyde & Co’s energy and marine team
The move follows the promotion of city-based (re)insurance dispute resolution specialist Vanessa Lim.
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- August 22 2022
Cambodia to pilot fish-farming insurance by year-end: report
The programme will be introduced in Pursat, Battambang and Siem Reap provinces.
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- August 22 2022
AM Best downgrades Korea P&I Club due to large claims
The Club is exposed to high severity losses or increased claims frequency over the medium term.
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- August 22 2022
‘Significant’ volume of claims expected from NZ flooding: McLarens
'Landslides, road closures, wastewater overflows and water supply challenges reported across South Island'.
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- August 19 2022
ADB signs US$1bn capacity deal with Tokio Marine, Chubb, Liberty, Allianz and Axa XL
The three-year agreement transfers credit risk from the bank's portfolio to the insurers’ balance sheets.
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- August 19 2022
Credit Suisse arm files 18 Greensill-related claims totalling US$2.2bn
The asset manager has filed claims for "all insurable losses", according to document reviewed by IAN.
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- August 19 2022
China non-life market on road to recovery but margin pressures remain: Fitch
Nat cat events are likely to test underwriting returns in the second half of the year.
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- August 19 2022
Hundreds of homes at risk as ‘one-in-100-year’ flood hits NZ’s South Island
Extreme weather insured losses were US$123m in the first six months of 2022.
