News Page 580 / 1119
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- July 6 2021
Ever Given to set sail as parties agree claim payout
Payout set to be far less than the original demand of US$900m.
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- July 6 2021
BI claims saga to hit Australia’s insurers hard
The UK's highest court overturned a long-held global precedent in January.
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- July 5 2021
Aon/WTW: New Zealand regulator further delays decision date
The antitrust watchdog has extended the M&A approval deadline for a third time.
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- July 5 2021
BMS hires Aon financial lines veteran in Australia
Andrew McKenzie has been leading Aon's financial services group in the northern region.
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- July 5 2021
Malaysia plans RBC changes for (re)insurers and takaful firms
The central bank wants to update frameworks to make capital adequacy measures more consistent.
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- July 5 2021
Why Hong Kong will beat Singapore in ILS race
Chinese risks have an obvious home in the Special Administrative Region.
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- July 2 2021
Gallagher takes 100% stake of Indian (re)insurance broker
The US firm has bought a further 70% of Edelweiss Gallagher's shares.
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- July 2 2021
Bolttech raises US$180m for growth push
Insurtech operates in HK, India, Indonesia, Malaysia, the Philippines, Singapore, Taiwan and Vietnam.
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- July 2 2021
GIC Re underwriting improves on aviation, motor initiatives
Indian reinsurer tells IAN aviation COR should be near 100% in 2022.
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- July 2 2021
ZYIC taps Qianhai Re and AnHua for XOL cover
Insurer tells IAN reinsurance expenses increased in 2020 to deal with agri-cat risk.