News Page 424 / 1331
-
- July 16 2024
AUB targets New Zealand expansion through equity partnership with Northco
Northco’s management will retain a significant shareholding "to continue to adopt an entrepreneurial focus for the business".
-
- July 16 2024
Munich Re’s Serene Chan takes charge as head of P&C reinsurance for Greater China
Chan, who was previously regional head of cyber for Asia Pacific with the reinsurer, was appointed in the new role following a wider regional leadership reshuffle earlier this year.
-
- July 16 2024
Guy Carpenter expands APAC MGA practice with new Australia, New Zealand leader
The broker has appointed regional fac leader Krystina Wallis as head of GC Access for the region.
-
- July 16 2024
PICC P&C posts 3.7% premium income growth in H1 2024
The premium income for the first half stood at US$42.9bn with motor vehicle insurance accounting for about 45% of the premiums.
-
- July 16 2024
ARPC appoints Karin Rathbone as new chief risk officer
Sydney-based Rathbone was most recently chief risk officer with Colonial First State.
-
- July 16 2024
Bangkok Insurance COR projected at 85%-90% over the next two years: S&P Global
The rating agency has affirmed the carrier's 'A-' local currency long-term issuer credit and financial strength rating to the insurer, with a stable outlook, and expects its capital adequacy to remain above its 99.95% confidence level over the next two years.
-
- July 15 2024
Ping An Insurance eyes US$3.5bn fundraise: report
The insurer will raise the funds through a convertible bond offering, according to a Bloomberg report.
-
- July 15 2024
Peak Re promotes David Menezes as chief risk officer
Hong Kong-based Menezes has been serving as the deputy chief risk officer at the global reinsurer since September 2022.
-
- July 15 2024
China’s nat cat economic losses hit US$13bn in H1 2024 as flood claims rise
95,000 claims from the intense rain across eight southern China provinces have reached CNY3.21bn, according to NFRA's latest data.
-
- July 13 2024
Great Eastern privatisation deal falls short of compulsory acquisition threshold
Trading in Great Eastern shares will be suspended after OCBC failed to garner enough shares from minority shareholders, putting the take-private bid and the insurer's listing status in a stalemate.
