News Page 41 / 909
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- April 19 2024
Tower upgrades FY 2024 profit outlook to US$20m
The updated guidance assumes full utilisation of the FY 2024 large events allowance, which is set at US$26.5m.
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- April 19 2024
Generali streamlines insurance division in group restructure
The insurer will separate insurance and asset management businesses from June 1 and the insurance division will be led by Giulio Terzariol with country and regional leaders, including Rob Leonardi-led Asia, reporting to him.
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- April 19 2024
Axa XL hires Jack Hullah as Asia underwriting manager for political risk, credit & bond
Hullah will focus on expanding the company's political risk, credit platform in Asia, after joining the insurer from Mitsubishi UFJ Financial Group.
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- April 19 2024
Australia’s specialist broker Bellrock hires Aon’s Sahalya Uthappa to lead M&A practice
Sydney-based Uthappa will lead the specialist broker's M&A and contingent risks team as she joins the firm after her departure from Aon in March.
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- April 19 2024
Liberty to combine Asian specialty and retail businesses under Matthew Jackson’s leadership
The new unified division, Liberty International Insurance, will continue to go to market under its existing brands, including Liberty Specialty Markets and Liberty Insurance.
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- April 19 2024
Allianz Commercial’s Sandric targets double-digit growth in Asia but cautions on market softening
The carrier aims to be a leader in the region's competitive commercial risks space and expand its alternative risk transfer solutions and multinational program offerings, the Asia chief executive told InsuranceAsia News.
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- April 19 2024
Boutique finpro brokerage PLI Brokers launches in Australia
The brokerage, founded by Melbourne-based managing director David Martin, will offer financial services and accounting professions products.
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- April 18 2024
Munich Re names Hitesh Kotak and Roland Eckls as regional CEOs in major leadership reshuffle
The move will see new chief executives take charge in Japan, Korea, India and P&C heads for South-East Asia, Greater China.,
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- April 18 2024
Karen Leslie returns to Crawford Australia as senior strata adjuster
Joining from loss adjuster and consultant Technical Assessing, Brisbane-based Leslie reports to head of strata Ryan Neville.
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- April 18 2024
Exit-bound Lotte Insurance owner shopping for overseas private equity buyers: report
South Korea’s JKL Partners is reportedly in talks with JC Flowers to sell the Korean non-life carrier in a sale process run by JPMorgan.ts valuation.
