News Page 475 / 1088
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- March 18 2022
New Zealand introduces nat cat Bill for disaster response
The move helps clarify the current Earthquake Commission Act and takes lessons from 2010-11.
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- March 17 2022
MS Amlin expands in Singapore with two appointments
The Lloyd's syndicate has hired from Willis Re and promoted a claims specialist from Malaysia.
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- March 17 2022
Generali grows APAC P&C book by 16.3%
The Italian giant is expanding in India and Malaysia.
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- March 17 2022
Suncorp sees 34,000 flood claims, ups nat cat allowance
The group is forecasting a net retained loss of US$54m as it seeks recoveries from reinsurance.
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- March 17 2022
Vietnam GI market to reach US$3.5bn in 2026: GlobalData
The South-East Asian economy is set to see increasing amounts of cumpulsory insurance.
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- March 16 2022
PSC in talks to acquire Hong Kong specialty broker: sources
The Australian group already owns three brokers in the territory.
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- March 16 2022
Standard Club and North P&I merger talks piques interest in Asia
The two P&I giants have already started reaching out to members and brokers.
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- March 16 2022
Claims dent profits at HK insurers
Axa retained its crown as the city’s biggest general insurer, but the market saw profits fall 19%.
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- March 16 2022
Evergreen container ship runs aground, insured loss remains unknown
One year after a sister ship was stuck in the Suez Canal, the Ever Forward is stranded near Maryland.
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- March 15 2022
Senior China official calls for insurers to issue ILS in HK: report
Samuel Yung suggests the SAR and GBA develop a climate and disaster data sharing framework.
