News Page 409 / 1058
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- August 8 2022
Suncorp’s profits fall 34% on nat cats amid US$1.7bn of reinsurance recoveries
The group missed its full year nat cat target by US$70m and had an investment loss of US$131m.
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- August 8 2022
Sompo Japan and Space BD team up for satellite launch cover
The companies want to launch more products related to lunar transportation.
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- August 8 2022
Allianz sees H1 P&C revenue decline in China but rise in Australia
Westpac GI integration in Australia helped GWP but it was hampered by Chinese economic conditions.
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- August 8 2022
AM Best upgrades Singapore Re after Fairfax support and positive 2021 result
The reinsurer's underwriting performance improved after reserve releases.
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- August 5 2022
China Re estimates H1 profit to slide 40-50%
The reinsurer attributed the drop largely to a decline in investment income.
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- August 5 2022
Crawford hires former McLarens exec as head of loss adjusting, GBA
Jackson Zeng is based in the firm's Guangzhou office.
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- August 4 2022
Hannover Re taps Swiss Re’s Sharon Ooi to boost Asia P&C expansion
CEO Jean-Jacques Henchoz says Asia Pacific is "evolving into the world’s largest insurance market."
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- August 4 2022
High Court of Australia to hear BI Covid appeals in October at the earliest: ICA
The Insurance Council of Australia said the market will meet the appeal costs in the ongoing dispute.
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- August 4 2022
Aon appoints Asia director of cyber solutions in Hong Kong
Sabba Manyara was most recently at rival WTW, also in the Special Administrative Region.
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- August 4 2022
Milli Re adds Christine Wong to Singapore underwriting team
Wong is a marine specialist who most recently worked at MS First Capital.
