News Page 43 / 1060
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- February 24 2025
WTW hands Joule-Tobias Howard new role as lead fac broker in Asia
He has been with the broker for almost eight and a half years, and was most recently head of pacific property for Asia.
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- February 24 2025
Evergreen Partners takes minority stake in New Zealand’s Delta International
Amy Ellis, director at Auckland-based private equity firm Evergreen Partners, will also join the MGA's board in a non-executive capacity.
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- February 23 2025
AUB Group enters into equity partnership with New Zealand’s OFS Insurance Brokers
'Strategic acquisition aligns with AUB’s commitment to expanding its footprint in New Zealand', AUB said in a LinkedIn update.
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- February 22 2025
Full capacity: Deal or no deal? Private equity deals; K-drama, and Australia’s insurers ‘on notice’
In this week's Full Capacity newsletter from InsuranceAsia News, we look at Sompo, nat cats, Twelve Securis, private equity, South Korea and Australia, as well as our weekly roundup of people moves.
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- February 21 2025
Hyundai Insurance’s FY24 underwriting income slumps 22% to US$245m
Commercial business' underwriting income more than doubles, while long-term lines grow by 247.6%.
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- February 21 2025
DB Insurance underwriting profit up 4.5% to US$1.1bn
Underwriting profit went up only because of the commercial line performance that saw a US$71m profit compared with US$85m loss last year.
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- February 21 2025
Gallagher Re, Aon, QBE, Howden Re: 10 APAC insurance people moves of the week
Tokio Marine Holdings, Markel, Allied World, Labuan Re, Chubb Malaysia, Austbrokers Corporate, Global Asia Insurance Partnership and Swiss Re Corporate Solutions also made personnel changes over the last week.
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- February 21 2025
QBE FY24 GWP up only 3% to US$22.4bn on portfolio exits, lower crop premium
Insurer reports an improved COR of 93.1%, supported by a favourable catastrophe experience, alongside a more stable central estimate reserve development.
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- February 21 2025
Australia’s US$8.9bn terrorism reinsurance pool finalises 2025 retrocession program
Australian Reinsurance Pool Corporation (ARPC) chief executive Christopher Wallace says it was important to maintain the pool's strong position in the global terrorism reinsurance market.
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- February 21 2025
P&I clubs report tonnage growth during renewals despite industry turbulence
Gard, UK P&I and NorthStandard announced successful completion of the 2025 renewal after marine insurers worldwide saw a rise in the number of large claims.
