News Page 49 / 1120
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- June 12 2025
SBI General Insurance appoints Mohd Arif Khan as deputy CEO
Khan joins the carrier from the State Bank of India, where he was most recently general manager.
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- June 12 2025
Brett Kenyon joins construction team at Gallagher-owned specialist MGA Pen Underwriting
Kenyon joins the Australian underwriting agency as a senior underwriter from Sura Engineering.
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- June 12 2025
QBE Asia first carrier to join IFC’s resilience program to close APAC protection gap
International Finance Corporation's (IFC) Building Resilience Index (BRI) program focuses on hazard mapping and a resilience assessment framework and evaluates climate-related risks for real-estate projects and portfolios.
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- June 12 2025
Watershed moment as insurers told to cover jets stranded in Russia
AerCap, which owns 116 of the planes, was awarded US$1bn after the judge ruled that the cause of the loss was 'an act or order of the Russian government' and should be covered by war risks policies.
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- June 12 2025
John Philipsz named MD and ANZ head at Howden Re, succeeds Stuart Beatty
Beatty is stepping back having held the role of head of APAC for over five years, but he will remain at Howden Re, focusing on its MGA.
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- June 12 2025
Competition regulator greenlights Allianz Australia’s RAAI acquisition
ACCC found that other suppliers will continue to compete with, and constrain, a merged Allianz and RAAI after the acquisition.
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- June 11 2025
South Korea slashes recommended CAR for insurers to 130%: report
Financial Services Commission will remove requirements related to net loss and insurance operating loss from the conditions for reversing emergency risk reserves.
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- June 11 2025
Samsung Fire & Marine to buy additional 21% stake in Canopius
Transaction will increase the Korean insurer's total share to 40%.
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- June 11 2025
Kiwi insurer Tower confirms Paul Johnston as CEO
Johnston, who has been interim CEO since February, will start in the new role from Wednesday.
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- June 11 2025
Australia’s NTI names Janelle Greene as CEO
Greene, currently NTI’s chief customer officer, will succeed veteran Tony Clark, who has served as CEO for 18 years.