News Page 545 / 1195
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- August 12 2022
P&C boosts Zurich’s H1 APAC profits
Regional COR improved to 91% as firm benefited from travel rebound with profits climbing 30%.
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- August 12 2022
Renae Gilbert starts at Axa XL as senior property underwriter
Sydney-based Gilbert joins from Australian carrier Vero Insurance.
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- August 11 2022
QBE COR climbs to 94.1% as H1 profits slump 66%
US$840m in investment losses due to wider credit spreads and market volatility.
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- August 11 2022
Scott Jerome takes over as head of Brooklyn Underwriting
Jerome is joining from his role as head of operations at Axa XL in Australia.
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- August 11 2022
Chubb Singapore appoints head of claims and head of transformation
Kho Yen Wei and Norma Wu have been tasked with improving efficiency.
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- August 10 2022
Mitsui Sumitomo seals US$400m Transverse deal
The fronting carrier gives the Japanese insurer access to the US$66bn American MGA market.
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- August 10 2022
Aon confirms Sucheng Chang as head of Hong Kong
The move for the ex-Liberty Mutual chief distribution officer was first reported by IAN in May.
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- August 10 2022
FWD GI’s improved COR could be impacted by higher IT spend: Fitch Ratings
The Hong Kong P&C player is gradually exiting group medical business.
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- August 10 2022
Seoul flooding leaves Korean P&C players facing thousands of claims: report
Insurers including Samsung Fire & Marine and DB Insurance said the damages amount to several billion won.
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- August 9 2022
Japan and India drive up Munich Re’s 1.4 renewals
H1 operating profits down 34% on Australian flood hit and poor investment returns.
