News Page 417 / 1210
-
- October 10 2023
Reinsurance-driven Indonesian non-life carriers continue to face underwriting challenges: AM Best
AM Best has assigned a negative sector outlook for the Indonesian non-life insurance sector due to heightened reinsurance credit risk.
-
- October 10 2023
TT Club appoints Kamel Tlili regional general manager for Asia Pacific
Singapore-based Tlili joins from British Marine P&I, where he was leading the underwriting division in Asia.
-
- October 10 2023
Strata Community ropes in Shaun Feely as chief executive officer
The Sydney-based industry veteran was CEO of Latitude Insurance prior to this appointment.
-
- October 9 2023
Axa XL strengthens Singapore team with crisis management and special risks underwriter
Grace Yeap joins from Chubb and will be in charge of crisis management, risk appetite and broker relationships across political violence and terrorism business lines.
-
- October 9 2023
Envest acquires majority stake in Brisbane MGA Insuret
Founder Jason McDonnell will continue to remain a co-owner and managing director of the fleet business specialist.
-
- October 9 2023
Observatory raises T9 signal as typhoon slams Hong Kong after Taiwan hit
There have been multiple disruptions across the SAR including 90 flights being cancelled and a further 130 delayed.
-
- October 9 2023
Greensill investor alleges Marsh was aware of serious problems: report
The broker says that there were no breach of duties and puts the onus on private equity firm White Oak for due diligence.
-
- October 6 2023
Steadfast expands into the US with US$55m broker agency buy
The Australian broker has bought the ISU Group, which has 239 independent members across 43 US states controlling more than US$6.5bn in premiums.
-
- October 5 2023
Peak Re scripts a turnaround with H1 profit of US$160m
The Hong Kong reinsurer posted a COR of 82.2% as against 108.4% a year ago.
-
- October 5 2023
Thailand’s Rabbit Care Broker acquires local peer EasyCompare
BTS Group-owned business has added around 30,000 new customers through this acquisition to leverage its extensive product portfolio.
