News Page 482 / 1349
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- April 18 2024
Australia’s strata insurance sector in ‘race to bottom’ as questionable practices abound: ACIL
A survey by the Australian Consumers Insurance Lobby has found a range of potentially unlawful practices in the industry that warrants regulatory intervention.
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- April 18 2024
Markel Australia expands professional, financial risk team with senior hire
Brisbane-based Jonathan Schroeder will work closely with Kym Beazleigh, head of PFR Australia and head of New South Wales, and Steve Rogers, head of Queensland.
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- April 18 2024
Asia accounts for 40% of nat cat economic losses in Q1: Gallagher Re
Driven by the Noto Peninsula earthquake, Asia had US$17bn in losses for the first three months of the year, making it the only region with above-average Q1 losses.
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- April 18 2024
Korea to provide US$5bn trade cover for defence exports
South Korea has emerged as a leading exporter of defence systems over the past few years with several billion-dollar export deals for fighter jets, armoured vehicles and missile interceptors.
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- April 17 2024
SBI General Insurance appoints Nainoor Desai to head corporate business
Mumbai-based Desai will focus on leading and driving business for the carrier and succeed Meena Subramanian, who will be retiring this year.
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- April 17 2024
India mulls GST exemption for reinsurance: report
The GST Council is likely to issue a clarification that reinsurance is not a supply of service, which will ease the tax burden.
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- April 17 2024
Taiwan’s Financial Supervisory Commission announces Peng Jin-lung as new chair
Peng, who has previously served in the regulator's insurance bureau and was involved in the drafting of the Insurance Act, will assume the top job on May 20.
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- April 17 2024
Everest appoints David Ho as head of financial lines, Asia
Singapore-based Ho has more than 20 years of experience specialising in financial lines and has worked across New York, California, Hong Kong and Singapore.
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- April 17 2024
Ryan Thomas rejoins AIG in Singapore to head APAC financial lines
Thomas will leverage his work experience in New York and Sydney to focus on growing the insurer’s strategy in the Asia Pacific region.
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- April 17 2024
Crypto specialist Qubit appoints QBE’s Wendy Lee as chief commercial officer
In her new role, first reported by InsuranceAsia News last week, Lee will be responsible for the Hong Kong's specialist MGA distribution strategy and implementation.
