News Page 531 / 1223
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- December 22 2022
RACQ challenges current cyclone pool structure
It has asked for amendments such as including all types of floods and motor in the scheme, extending the claim period and reconsidering the budge-neutral principle.
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- December 22 2022
Easing of crop cover solvency norms, lower Covid payouts to drive Indian P&C growth
Indian general insurers are likely to see a premium growth of up to 15% in the medium term, said Care Ratings.
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- December 22 2022
Korean P&C carriers to improve profitability: S&P Global
Insurers have limited catastrophe exposure, and this comes with effective reinsurance protection.
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- December 21 2022
Bernardo López named CEO of Axa Philippines
He was most recently heading Axa Colpatria, the French giant’s Colombia operations.
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- December 21 2022
Burning costs are not mandated risk rates, clarifies IRDAI
Industry breakeven cost is only a reference point to understand claims experience in fire perils across the industry, the regulator said.
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- December 21 2022
Lloyd’s Asia CEO Tom Haddrill named WTW broking head for CEEMEA
Lloyd's hasn't announced a replacement for Haddrill in Singapore, who takes on Central and Eastern Europe, Middle East and Africa for the broker.
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- December 21 2022
Marsh names Nisala Weerasooriya head of APAC captive solutions
He replaces Stuart Hebert, who assumes a new role as international captive consulting practice leader.
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- December 21 2022
Electric carmaker Nio ramps up brokerage arm with Huiding acquisition
The firm joins peers Byd and Li Auto in expanding their broking arms with China's EV premiums expected to double to US$10bn in 2022.
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- December 20 2022
Typhoon Nanmadol losses up at US$906m: Perils
The estimates, which cover property losses excluding motor and transport-related damages, are much lower than first expected.
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- December 20 2022
Claire Wong returns to Zurich Singapore as senior casualty underwriter
Wong was most recently a liability underwriter at Allianz Global Corporate & Specialty.
