News Page 42 / 1075
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- March 25 2025
Taiping Re’s FY24 service results double to US$75m, COR improves to 92.7%
Hong Kong-based reinsurer’s total premium for the last financial year decreased by 5.1% to US$2bn.
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- March 25 2025
FSA issues business improvement orders to Japanese non-life insurers over information leaks
Regulator says 2.7m sets of information on rivals' clients were leaked by employees on loan to multi-client insurance agencies.
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- March 25 2025
Everest hands Henry Ang dual PVT, property role
Singapore-based Ang assumes role of head of political violence and terrorism for Asia, as well as property underwriting.
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- March 25 2025
Howden names Rajesh Singh as head of property in India
He has been with Howden since October 2023, having previously worked for the likes of Hero Insurance Broking, Alliance Insurance Brokers and Marsh.
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- March 25 2025
Wongi Kim to succeed Andy Ryoo as Allianz Trade’s South Korea country manager
Ryoo, who has worked at the trade insurer for 22 years, is retiring.
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- March 25 2025
Chinese insurers could benefit from DeepSeek, albeit with risks: AM Best
Several smaller insurers might be able to bring down their operating costs due to DeepSeek’s lower cost and operational features.
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- March 24 2025
GIC Re’s terrorism risk rate cut could slash premiums by up to 15%: report
India has not faced a major terrorism loss since the Mumbai terrorist attacks in 2008.
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- March 24 2025
Allianz Australia appoints 25-year veteran Julie Mitchell as chief commercial GM
Allianz also appoints Anna Stavropoulos as its new chief people and culture officer.
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- March 24 2025
Korean insurers chalk out overseas expansion plans as domestic growth stalls: report
Samsung Fire & Marine and Hyundai Marine & Fire are eyeing acquisitions and investements to grow their international footprint.
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- March 24 2025
WTW taps Ryan Transactional Risk’s Reuben Lee as associate director for broking, regional M&A
Lee had joined as senior underwriter in October following Ryan's acquisition of Transact Risk Partners.
