News Page 443 / 1222
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- September 5 2023
QBE elevates Peter Burton to group CUO
London-based Burton, who succeeds Sam Harrison, assumes responsibility for all global underwriting, pricing and reinsurance activities for the Australian carrier.
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- September 5 2023
Tokio Marine Kiln lands Joe Pickford as aviation underwriter in Singapore
Pickford, who joins from Gallagher, will focus on providing bespoke solutions for clients and brokers.
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- September 5 2023
Vincent Banton joins Aon as Asia head of construction and infrastructure
Singapore-based Banton reports to Asia head of commercial risks Paul Young and joins the global construction and infrastructure leadership team.
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- September 5 2023
Christine Mau rejoins Zurich as head of its claims express hub
Mau, a former management trainee at the global insurer, will help 'oversee efficient claims processing'.
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- September 5 2023
China’s (re)insurance sector’s solvency ratio ‘adequate’ at Q2 2023: NAFR
At the end of the second quarter, the total assets of China's insurers and reinsurers were up 7.6% from the start of the year to US$4tn.
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- September 5 2023
BHSI Australia appoints Hayden Veanes as underwriting manager for professional lines
Melbourne-based Veanes was most recently senior underwriter with the company, specialising in directors & office and financial institutions.
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- September 5 2023
Sedgwick NZ elevates Mark Crosby to head of property
Crosby led the company’s commercial property response to the Auckland-based floods and Cyclone Gabrielle losses.
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- September 4 2023
Malayan Insurance’s long-term issuer rating downgraded: AM Best
The largest Filipino P&C carrier's five-year average COR up 1.4 points at 102.8% with capital adequacy under negative pressure after increased net retention following changes to its 2023 reinsurance programme.
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- September 4 2023
Jeslyn Tan appointed Singapore Reinsurers’ Association executive director
Tan, who succeeds Jeffrey Yeo, will take charge from September 4.
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- September 4 2023
China P&I eyes overseas expansion, global tie-ups for reinsurance, claims support: AM Best
The rating agency has affirmed an insurer rating of A- (excellent) for the Chinese P&I club with a stable outlook.
