News Page 557 / 1237
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- November 18 2022
Nasional Re downgraded over poor governance, weak financials
Fitch has handed Indonesia's largest domestic reinsurer a CC rating and placed the firm on negative watch.
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- November 18 2022
Aviso Group buys marine specialist Australian Risk Applications
It is the fourteenth deal by the Envest-backed broking house, which controls over US$300m GWP.
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- November 18 2022
Water-related losses highest in Asia, more stress likely, warns WMO
In Asia, the highest adaptation cost is estimated for China at US$189bn, followed by India at US$46bn.
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- November 17 2022
J.B. Boda appoints former Edelweiss exec to lead Chennai
Manoj Menon has also previously worked at Bharti Axa.
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- November 17 2022
Petrolimex may see margin pressure rise as claims frequency normalises: AM Best
The Vietnamese general insurer, rated B++, has posted a five-year average combined ratio of 97.7%.
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- November 17 2022
Gallagher Australia’s Mark Rudman to lead marine specialty
Sydney-based Rudman was the broker's manager for marine, transport and logistics.
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- November 17 2022
Ex-Aon Securities MD Shinji Yamamoto launches ILS boutique
He was head of capital markets and ILS divisions in Asia for the global broker, based in Japan.
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- November 17 2022
WTW aids Indonesia with low carbon transition
A new sovereign risk management programme has been designed to help the world’s largest thermal coal exporter.
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- November 16 2022
AA Insurance names Michelle James as CEO
James, who joins from Tower Insurance, will assume office in February 2023.
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- November 16 2022
Korean property insurers raided over price rigging: report
The seven property insurers, including Samsung Fire & Marine and KB Insurance, were fined by the Fair Trade Commission in April.
