News Page 517 / 1279
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- July 25 2023
Exclusive: Sedgwick cuts 14 staff in Singapore – sources
Nicki Dunn, Sedgwick's Singapore chief executive, tells IAN that the city-state remains the "focal point" of the adjuster's Asia business.
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- July 24 2023
Allianz Commercial launches in Asia and Australia
The merged division will have 11 regions with Asia led by Christian Sandric and Australia by Phuong Ly.
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- July 24 2023
Indian government assures capital support to state-owned general insurers: report
The three carriers, National Insurance, United India Insurance and Oriental Insurance, have requested US$2.5bn of injection in total.
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- July 24 2023
HDI Global hires Nathan Jones as property, mining underwriting manager for western region
Perth-based Jones joins from Suncorp, where he worked for the past 13 years
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- July 24 2023
Chubb promotes Adrian Habils to Asia head of property
Habils, who is currently deputy property manager for Chubb, Australia and NZ, will be based in Singapore and have an interim reporting line to Paul McNamee, APAC regional president.
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- July 24 2023
ACCC delays Suncorp bank sale decision again
The decision by the regulator about the proposed ANZ takeover will now take place a week later on August 4.
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- July 24 2023
Thai carrier Dhipaya handed negative rating outlook due to stress on capital buffer
AM Best, however, affirmed the A- (excellent) rating for the country's second largest general insurer due to strong operating performance, COR of 83.6%.
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- July 24 2023
Philippines, Hong Kong, China and Taiwan brace for typhoon
The slow-moving storm is picking up strength as it approaches north-eastern Philippines with the government issuing strong wind and rain warnings in Luzon.
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- July 24 2023
Chubb’s Greenberg urges ‘effort to limit bureaucracy’ to help GBA: report
The global CEO said the government has to "take down the financial regulatory borders between Hong Kong and Guangdong".
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- July 24 2023
Toa Re posts 6% growth in net premiums
Toa Re wrote US$2.26bn of premium for the year ended March 31, 2023.
