News Page 464 / 1211
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- June 9 2023
Beazley, Markel and Newline launch Asia D&O pool
The Lloyd's pool will have US$30m capacity per risk and a single contact for claim management.
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- June 9 2023
Gallagher Australia recruits Richard Malton to bolster mining capabilities
Brisbane-based Malton joins from Marsh and is a mining sector specialist.
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- June 8 2023
GIC Re set to appoint Ramaswamy Narayanan as chairman
The government will also appoint United India Insurance general manager Rajeswari Singh as chairman and managing director of National Insurance.
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- June 8 2023
Sri Lankan insurers’ profits to be hit by inflation, currency devaluation: Fitch
Underwriting profit for P&C insurers to be squeezed by rising motor spare-part costs, while sparse foreign-currency liquidity is hampering firms.
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- June 8 2023
Dual targets cyber growth in Australia and New Zealand with Marsh hire
Melbourne-based Samuel Rogers becomes the MGA's first head of cyber for the countries and reports to Damien Coates, Asia Pacific CEO.
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- June 8 2023
QBE joins New Zealand EQC to expand cat insurance programme
The carrier will be the ninth insurer to partner with the earthquake commission when it starts on July 3.
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- June 8 2023
Neil Dempsey joins 360 Underwriting Australia as head of property, mid market
Sydney-based Dempsey joins from a rival MGA and will work with Jonathan Moss, executive director, mid-market property.
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- June 7 2023
Guy Carpenter hires ex-Scor CEO to head EMEA, India and global capital solutions
London-based Laurent Rousseau will report to the reinsurance broker's president and CEO Dean Klisura.
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- June 7 2023
ICA unveils 187 Disaster Ready Fund projects for disbursement
The Australian industry association says the US$267m resilience investment for items such as flood levee design and improved hazard data and mapping marks a new era and will help reduce premium pricing.
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- June 6 2023
Axa rejigs leadership team, Gordon Watson becomes Asia non-exec chairman
With the reshuffle, Japan and Greater China will report to George Stansfield, group deputy CEO, while South-East Asia and India will be overseen by Hassan El-Shabrawish, CEO of international markets.
