News Page 519 / 915
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- December 10 2019
Brit launches Lloyd’s ILS fund
The (re)insurer is trying to tap institutional investors through Syndicate 2988.
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- December 10 2019
New Zealand’s market hit by volcano, landslide and floods
A large volume of claims are expected over the next few weeks and months.
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- December 10 2019
AUB’s planned acquisition of Coverforce falls apart
The broker was unable to access key documents to finalise a deal valued up to US$136m.
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- December 9 2019
Axa XL’s Asia team hires Stephen Nguyen from Aon
The former broker will serve as client management leader for Asia.
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- December 9 2019
Sedgwick promotes Tang after HK CEO departure
IAN understands that Pierreddy Wong will join a rival adjuster.
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- December 9 2019
AIG’s Alex Todd to switch from Canada to Asia
Todd will become head of commercial property for Asia-Pacific.
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- December 9 2019
Philippines seeks US$20bn cover for P&C exposure
The country is looking to reinsure typhoons, floods and earthquakes.
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- December 9 2019
China approves 51% stakes in life JVs
The announcement speeds up the opening of the market.
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- December 6 2019
Nat cats batter Australia’s underwriting profits
The market saw a 53.4% decline from the same period in 2018, and there are ongoing bushfires.
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- December 6 2019
Lucia Sun joins Generali as Asia head of claims
Sun has switched to the Italian major from Zurich.
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