News Page 496 / 1088
-
- December 24 2021
Lloyd’s Asia launches renewable energy consortium
Chaucer, Markel and Munich Re Syndicate developed the new offering that will have a maximum capacity of US$100m per project.
-
- December 24 2021
Korea’s FSC flags health, IFRS 17 as 2022 insurance priorities
The regulator has also introduced measures this year that allow insurers to expand their digital offerings.
-
- December 23 2021
Marsh takes majority control of India JV
The broker has increased its stake from 49% to 92% following similar moves by Aon, Gallagher and WTW.
-
- December 23 2021
Marsh Specialty appoints HK-based aviation risk leader
Rick Howell will join the global broker in January from Cathay Pacific.
-
- December 23 2021
Lancashire launches on Lloyd’s Australia platform
Starting in January, the new operation will initially focus on direct and facultative commercial property cover.
-
- December 22 2021
HKIA fines broker and suspends licence
A HKIA spokesperson tells IAN the regulator plans to focus on misconduct going forward.
-
- December 22 2021
NZ extreme weather claims hit record high
Insurers have paid out US$206m in 2021 so far with home and contents accounting for around two-thirds of the total.
-
- December 22 2021
Guoren P&C’s reduced motor exposure to boost performance
Fitch tells IAN the insurer’s auto business was much lower than the industry average of 54%.
-
- December 22 2021
Munich Re, WTW’s sovereign debt ‘cat wrapper’ a model for SE Asia
The demand for similar style debt protection in the region is likely to grow.
-
- December 22 2021
Hong Kong premium growth returning to normal
At 6%, general insurance sector premium growth is edging back to pre-Covid levels.
