News Page 455 / 1063
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- March 1 2022
Axa Singapore to quit motor, commercial lines after HSBC purchase
Unit will continue to underwrite all life, wealth and health business, says new owner.
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- March 1 2022
Australian market counts cost of ‘unprecedented’ flooding
Parts of Queensland and NSW impacted, with Suncorp reporting US$54m of claims already.
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- March 1 2022
More government support needed for crop risk pools
Asian Development Bank official argues for market-based hybrid solutions.
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- February 28 2022
Swiss Re names new Asia CEO as global P&C profits hit US$2.1bn
Global head of L&H Paul Murray to start in April as Russell Higginbotham handed CEO, Reinsurance Solutions role.
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- February 28 2022
Gallagher Re taps Munich Re for Australia chief exec
Sydney-based Heather Bone will join the global broker on March 16.
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- February 25 2022
Crawford appoints Nathan Hannah as Malaysia head
Current CEO Hon Mun Choong will transit to a non-executive director on the Malaysian board.
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- February 25 2022
China rule change led to 1% fall in motor revenue for Axa
CBIRC carried out a reform of motor insurance in 2020.
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- February 25 2022
HKIA reports 13% increase in complaints against insurers
Majority of cases (28%) were for misconduct.
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- February 24 2022
Tugu Hong Kong CEO departs
Kenny Pang had joined the P&C player last year.
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- February 24 2022
Delta Insurance re-engages with Asia
The MGA shelved its Asia plans when Covid-19 arrived - now they're back.
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