News Page 49 / 1363
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- August 25 2026
New Lloyd’s-backed MGA Angel Underwriting taps Aaron Whiteley as first head of underwriting
Australian MGA will underwrite contract works and public liability, as well as life sciences risk.
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- August 25 2026
Jocelyn Lee joins Lockton as cargo and logistics assistant vice president in Singapore
She was most recently a marine underwriting manager at Starr in Thailand and Singapore.
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- August 25 2026
AUB Group hails ‘strong progress’ as net profit after tax grows 12.2% in FY26
AUB Group's growth in FY26 was powered by its Australian broking, international, BizCover and agencies divisions.
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- August 24 2026
West P&I confirms MV Ocean Winner coverage, while H&M claim could top US$25m
Panama-flagged cargo vessel went off the tracking systems and lost communication about 290 nautical miles off India's coast on Friday.
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- August 24 2026
Structural reforms key driver of Japanese reinsurance market softening: AM Best
Japan's insurers are better positioned to weather reinsurance market cycles following diversification and improved underwriting discipline, according to AM Best.
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- August 24 2026
Saudi Arabia joins list of countries exploring state-backed insurance for marine war cover: report
Ministry of Finance is exploring creating a pool capable of offering up to US$186m in commercial marine risk cover per event.
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- August 24 2026
Sompo appoints Winnie Chau as senior financial lines underwriter for Hong Kong, Macau, Taiwan
Hong Kong-based Chau brings over 14 years of underwriting experience in financial lines, including cyber and professional indemnity.
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- August 24 2026
‘Buyer friendly’ reinsurance market to endure in APAC despite super El Nino: AM Best
Cedents in APAC have used the softening reinsurance market during recent renewals to enhance their protections and support their growth, according to AM Best.
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- August 24 2026
Vietnam’s Asia Commercial Bank receives licence for new non-life insurance arm
ACB Insurance is licensed to operate for 99 years and provide non-life and health products.
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- August 24 2026
Tonga receives additional parametric drought payouts from PCRIC
Pacific Catastrophe Risk Insurance Company (PCRIC) makes a short-term preparedness payout for the island of 'Eua, as well as a rapid response payout for Tongatapu.
