News Page 6 / 1076
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- June 9 2025
Kiwi insurer Tower strengthens tie-up with key external loss adjusting partner Sedgwick
Chief claims officer Steve Wilson says the partnership will provide Tower with additional support from Sedgwick’s loss adjusters across New Zealand and the Pacific.
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- June 9 2025
Former CCB manager faces bribery charge in Hong Kong over US$470,000 from Vesttoo employee
The new charge by the Independent Commission Against Corruption alleges that the relationship manager at China Construction Bank accepted cryptocurrency Tether from the insurtech employee, a middleman, and others in exchange for authenticating false letters of credit and collateral letters.
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- June 9 2025
Chubb hands James Brown expanded role as head of major accounts for Asia
Singapore-based Brown will focus on driving business direction of the division, while remining in his current position as global broking head in the region.
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- June 9 2025
Japan’s Mitsui Sumitomo Insurance domestic operations performance to remain stable: AM Best
The rating agency has affirmed financial strength rating of A+ (Superior) and long-term issuer credit rating of “aa” (Superior) to MSI.
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- June 9 2025
Putting Markel on the map: International president Andrew McMellin eyes US$500m APAC premiums written by 2030
Specialty insurer also targets US$5bn of premiums across its international markets, while trying to get a 50/50 balance between London and non-London books of businesses.
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- June 9 2025
Manulife unit to re-domicile to Hong Kong from Bermuda in November
Second insurer after Axa to shift its base under Hong Kong's new company re-domiciliation regime.
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- June 9 2025
Miller expands in Korea as Marsh’s Justin Roh takes on senior vice president role
Seoul-based Roh brings over two decades of marine insurance and legal expertise to support Miller’s Asia expansion strategy.
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- June 9 2025
Aon Singapore names Tisha Soh as head of client services, health solutions
For the last 11 years, Soh has been focused on employee health benefits, having worked at Great Eastern, WTW and Cigna Healthcare.
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- June 9 2025
New Zealand’s Natural Hazards Commission secures US$6.3bn in reinsurance cover
The cover, renewed on June 1, includes NZ$225 million from a multi-year catastrophe bond issued in 2023.
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- June 7 2025
Full capacity: Asset-intensive life reinsurance: setting stage for a regulatory showdown?
In the latest issue of our Full Capacity newsletter, we look at Rokstone's Asia foray, loss adjuster M&A, insights into the Asian broking market, challenges to agri insurance and our weekly round up of people moves.
