News Page 562 / 1237
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- November 2 2022
Nexus seals MGA deal, eyes APAC expansion
Spectrum Risk Management focuses on marine and property (re)insurance in Asia Pacific and MENA.
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- November 2 2022
Arch Insurance Australia bolsters liability underwriting with AIG hire
Louise Lumley becomes Northern Region underwriting manager, executive assurance.
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- November 2 2022
Cover Genius raises US$70m in fresh funding round
The insurtech wants to invest in its global distribution platform XCover.
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- November 2 2022
2023 target is to use data connectivity to build a vibrant ecosystem: HKIA CEO
Open API, improving data gaps and cybersecurity will be priorities, according to Clement Cheung.
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- November 2 2022
Credit and motor challenges behind negative Indonesia non-life outlook: AM Best
There has been premium rate inadequacy and weaknesses in underwriting risk management.
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- November 1 2022
Typhoon Nanmadol losses expected at US$775m: Perils
Claims are lower than initially feared from the powerful Japanese storm.
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- November 1 2022
‘Loss-propping capital’ is drying up for insurtech start-ups
APAC-based insurtechs have raised a total of US$1bn across 76 deals in Q3.
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- November 1 2022
Lockton Korea buys financial lines broker, appoints Ben Son as CEO
Son established ESOP in 2019 and will join with his 20-strong team.
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- November 1 2022
Vietnam’s non-life market saw 14% growth in H1 2022
The market has promising signs in the context of a favourable economic outlook, says AM Best.
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- November 1 2022
Perils decreases loss estimate for October 2021 Southern Australia storms
The final loss figure is US$621m, down from US$650m.
