News Page 478 / 1064
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- December 2 2021
Indonesia’s Tugu ‘dominates’ energy, aviation and marine: AM Best
The company has "high reinsurance usage" to support the underwriting of large commercial risks.
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- December 2 2021
Cyclone claims to rise unless house designs improve: ICA
New report says construction methods need updating amid an evolving climate change threat.
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- December 2 2021
McLarens expands Asia team with senior appointments
The loss adjuster appoints Kevin Yu and Yee-Su Tsai to lead operations in China and Taiwan.
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- December 2 2021
GIC Re takes premium hit amid ‘bottom-line’ focus
The reinsurer tells IAN classes with higher claims are being avoided as health and marine business drops.
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- December 2 2021
AIA appoints former Sun Life president as Asia chief
Leo Grepin will also lead group strategy and corporate development effective January 3.
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- December 1 2021
Gallagher closes Willis Re deal
The US$3.25bn acquisition will give the US broker a significantly expanded APAC reinsurance footprint.
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- December 1 2021
Japan property rates to keep rising: Fitch
The increases are set to continue in part due to higher reinsurance costs.
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- December 1 2021
Howden acquires specialty HK broker Expat Marine
The firm is also a Lloyd’s coverholder and focuses on fine art, yachts and pleasure craft protection.
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- December 1 2021
Australia ups state flood mitigation funding by US$35m
Applications opened this week to access money from the country's National Flood Mitigation Infrastructure Program.
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- December 1 2021
Hong Kong premiums down 1.1% over first nine months
HKIA data shows the sector recorded total GWP of US$58.5bn as mainland visitors continued to be impacted by travel restrictions.
