News Page 57 / 1074
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- February 24 2025
Sompo reshuffles APAC commercial lines team in Singapore, Hong Kong
Kelly Koh, Victoria Soo and Szeto Ophelia will be 'instrumental in driving their respective lines of business across the region', according to the carrier.
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- February 24 2025
Nepal’s Himalayan Re to generate ‘positive’ FY24 underwriting margins: AM Best
Rating agency affirms financial strength rating of B+ (Good) and a long-term issuer credit rating of bbb- (Good), with a stable outlook.
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- February 24 2025
Exclusive: Axa XL names Alok Shukla as India reinsurance branch CEO
Shukla will join from Munich Re on April 1, with ex-CEO Joseph Augustine supporting the transition as senior advisor until the end of March.
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- February 24 2025
Munich Re names Hanh Nguyen head of treaty P&C underwriting for Southeast Asia, India
Nguyen has been deputy head since July, and will succeed Joachim Zagrosek on March 1.
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- February 24 2025
Australia’s higher premiums may stifle new policy growth, lead to underinsurance: S&P Global
Insurance is already very costly in Australia's high-risk areas, and premiums are unlikely to fall anytime soon, S&P Global Ratings said in a report.
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- February 24 2025
WTW hands Joule-Tobias Howard new role as lead fac broker in Asia
He has been with the broker for almost eight and a half years, and was most recently head of pacific property for Asia.
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- February 24 2025
Evergreen Partners takes minority stake in New Zealand’s Delta International
Amy Ellis, director at Auckland-based private equity firm Evergreen Partners, will also join the MGA's board in a non-executive capacity.
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- February 23 2025
AUB Group enters into equity partnership with New Zealand’s OFS Insurance Brokers
'Strategic acquisition aligns with AUB’s commitment to expanding its footprint in New Zealand', AUB said in a LinkedIn update.
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- February 22 2025
Full capacity: Deal or no deal? Private equity deals; K-drama, and Australia’s insurers ‘on notice’
In this week's Full Capacity newsletter from InsuranceAsia News, we look at Sompo, nat cats, Twelve Securis, private equity, South Korea and Australia, as well as our weekly roundup of people moves.
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- February 21 2025
Hyundai Insurance’s FY24 underwriting income slumps 22% to US$245m
Commercial business' underwriting income more than doubles, while long-term lines grow by 247.6%.
