News Page 522 / 1176
-
- August 26 2022
QBE veteran to take reins at 360 Underwriting Australia
Jason Clarke is set to join as CEO at the Lloyd's coverholder and specialty MGA in November.
-
- August 26 2022
Tune Protect sees strong H1 premium growth but losses widen
Covid claims at its Thai subsidiary drove up total claims to US$10.7m.
-
- August 25 2022
Former regulator to lead Crawford’s Japan cyber team
Norikatsu Suzuki, who was a deputy director at Financial Services Agency, will help expand services in Asia.
-
- August 25 2022
AM Best revises Covid-hit Taiwan non-life sector outlook to negative
Gross pandemic policy claims of US$2bn over the last six months have left carriers struggling to pay out.
-
- August 25 2022
Tencent takes 32% stake in Samsung P&C China
The tech company becomes the second largest shareholder after CBIRC approved the insurer's plan to more than double its registered capital.
-
- August 24 2022
Unprecedented rise in need to place risks internationally: AUB Group CEO
AUB saw 22.2% profit growth in FY 2022 as M&A and rising GWP drove Australia revenues, but NZ earnings hit by BWRS challenges.
-
- August 24 2022
PSC agrees US$5.4m Hong Kong broker deal; posts 30% EBITDA growth
Underlying revenue in FY 2022 grew 22.8% to US$175.4m including 13% of organic growth.
-
- August 24 2022
Japan infrastructure spending set to spur property GWP growth
The country's general insurance market set to reach US$133bn in 2026, GlobalData forecasts.
-
- August 23 2022
Ping An’s H1 P&C combined ratio deteriorates to 97.3%
The operating profit for the segment fell 22.3% to US$1.2bn.
-
- August 23 2022
Korea’s new standards regime and IFRS 17 to squeeze insurers’ capital buffers: Fitch
K-ICS will not materially change the underlying risk structure and will have limited rating impact.
