News Page 47 / 1162
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- September 4 2025
IAG’s acquisition of RAC Insurance sparks antitrust concerns
Antitrust regulator warns of reduced competition in the supply of motor and home insurance in Western Australia.
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- September 4 2025
Allied World names Jolene Chua vice president for Asia A&H
Chua was previously employed at Sompo Insurance Singapore, where she held various roles for over five years.
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- September 4 2025
MG Non-Life’s bridge insurer starts operations
South Korean regulator transfers all insurance contracts and assets to Yebyeol Non-Life Insurance and all MG Non-Life Insurance operations have been suspended.
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- September 4 2025
BHSI promotes Anna Spink to head of marine for Australasia
Sydney-based Spink joined BHSI in 2018 and was most recently national manager for corporate property.
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- September 4 2025
Typhoon Wipha, flooding unlocks US$2m Seadrif parametric payout in Laos
Payout was made under the new sovereign parametric insurance policy issued by the Asian risk pool in May, which features an annual aggregate trigger.
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- September 3 2025
Chinese insurers surge ahead in global renewable premium race
People’s Insurance Company of China, Ping An Insurance, and Yingda Taihe Property Insurance added over US$200m in new renewable energy premiums between 2023 and 2024, according to Insure Our Future.
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- September 3 2025
Etiqa General Takaful promotes Khairoel Faiezy Hasnan to CEO
Kuala Lumpur-based Hasnan replaces Shahrul Azuan Mohamed, who has retired after 20 years with Etiqa.
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- September 3 2025
New South Wales strata managers to phase out insurance commissions
Move follows allegations in Australia last year that brokers and strata management firms were colluding to mislead clients by recommending more expensive policies and hiding cheaper offers from rival firms.
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- September 3 2025
Tokio Marine launches green transition underwriting platform
Tokio Marine GX is a fully operational underwriting business offering up to US$500m of capacity on any single risk.
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- September 3 2025
Australian MGA Lion Underwriting taps Chris Edwards to lead professional lines buildout
Veteran joins from Steadfast Group-backed MGA Quanta Insurance.
