News Page 43 / 1162
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- September 12 2025
Perils cuts Cyclone Alfred loss estimate to US$1.25bn
Ex-Tropical Cyclone Afred struck Australia's Southeast Queensland and northeastern New South Wales in February and March, leaving over 300,000 homes and businesses without power.
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- September 12 2025
Lockton India taps Howden’s Hanmant Dudle as senior director for property and construction
He will be responsible for leading the practice and delivering bespoke insurance solutions.
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- September 12 2025
Kiwi insurer Tower upgrades FY24 NPAT guidance, downgrades GWP growth outlook
Kiwi insurer expects underlying net profit after tax (NPAT) of US$59.7-65.45 million.
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- September 12 2025
Berkley Insurance Asia appoints Jennifer Yeoh as marine claims manager
With extensive in maritime claims, Yeoh will enhance the (re)insurer's claims operations and support its continued growth.
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- September 11 2025
Opulence launches cell captive in Labuan with China Re backing
The captive insurance cell is endorsed by the Labuan Financial Services Authority and operates under Goldman Insurance PCCC, a protected cell company.
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- September 11 2025
Sompo Japan hires Heiko Thienenkamp as commercial business COO, Hiroki Ohashi as head of financial lines
Appointments form part of Sompo Japan's plan to expand its commercial business underwriting and operational capabilities.
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- September 11 2025
Strategic sale, international growth hold Tokio Marine & Nichido Fire Insurance in good stead: AM Best
AM Best expects proceeds from disposals to provide additional flexibility for new business investments to strengthen operating performance over the long term.
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- September 11 2025
Asia’s power sector attracts insurer appetite amid transition to clean energy, soft market: Willis
Insurers are offering more long-term agreements for buyers, with infrastructure hotspots such as Indonesia, Vietnam and the Philippines attracting capacity.
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- September 11 2025
China Pacific Insurance secures US$2bn to fund internationalisation, AI
Hong Kong-listed Chinese insurer issues a zero-coupon convertible bond due in 2030 with a conversion premium of 25%.
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- September 11 2025
Victor Insurance Australia names William Tien as underwriter
Tien previously spent over five years as an underwriter for Strata Community Insurance.
