News Page 547 / 1163
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- April 1 2022
P&C players well placed as Japan steps up capital demands: Moody’s
The rating agency notes transparency, diversification and public scrutiny has helped.
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- March 31 2022
Only 11% of Asia flood losses insured in 2021: Swiss Re
Between 2011 and 2020, economic losses from regional flooding have averaged US$30bn annually.
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- March 31 2022
Aussie insurers prioritise governance as product design rules bite
Moves to redefine 'retail' may make this even more important.
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- March 31 2022
Cyclone reinsurance pool legislation passes in Australia
ICA urges details about the impact on premiums to be released.
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- March 30 2022
Axa XL appoints new Australia head of distribution
The director is relocating from Hong Kong to Sydney and starts on April 1.
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- March 30 2022
Dual sells Asia financial lines, cyber portfolio to Chubb
The MGA's Hong Kong and Singapore units had used MSIG as an underwriter.
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- March 30 2022
TigerRisk enters Australia, the Pacific
The global reinsurance broker has hired veteran Simon Chandler.
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- March 30 2022
APRA appoints new executive director of insurance
Sean Carmody takes over from Brandon Khoowill, who becomes executive director of cross-industry insights and data.
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- March 29 2022
CPIC P&C arm hits US$1bn net profit in 2021
Agriculture, liability and health lines all saw double digit GWP growth during the year.
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- March 29 2022
Australia floods are an earnings, not capital event: Fitch
Most losses will be borne by IAG and Suncorp, as La Nina conditions are set to continue in Q2.
