News Page 6 / 992
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- December 10 2024
Korea’s Wise expands reinsurance team with two hires
The broker has hired Jae Bok Cheong as director and Yerim Park as assistant manager.
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- December 10 2024
Japan P&I Club announces 7% premium hike for 2025 renewal amid inflation and uncertainties
The increase applies for owners’ and charterers’ entries, while rates for Japanese coastal vessels and FD&D cover remain unchanged.
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- December 10 2024
IAG subsidiary hit with yet another class action suit over ‘loyalty tax’
The insurer says it will defend the second group proceeding commenced by Slater and Gordon this year.
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- December 9 2024
China to ‘open up’ to foreign P&C players as part of industry reform action plan
The NFRA plan for the industry will also support the development of Hong Kong as an international financial centre.
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- December 9 2024
Miller powers up APAC energy team with Howden hire
The specilaist broker has hired Elizabeth McGonagle as head of power for the region based in Singapore.
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- December 9 2024
Exclusive: Marsh McLennan Hong Kong and Macau CEO Rohan Bhappu departs
Bhappu was given regional chief executive-level role last year as part of a group-wide senior management overhaul.
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- December 9 2024
KDIC picks Meritz Fire & Marine as preferred bidder for MG Non-Life sale
The bidder gets an exclusive negotiation period to complete the acquisition of the state-owned insolvent carrier.
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- December 9 2024
Meritz Fire & Marine’s strong earnings to support its risk-adjusted capitalisation: AM Best
The rating agency has affirmed financial strength rating of ‘A’ (excellent) and a long-term issuer credit rating of “a” (excellent) of the carrier with a stable outlook.
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- December 9 2024
HDI Global Australia brings onboard ex-QBE Geoff Pratt as aviation underwriting manager
Pratt, who was aviation manager for the northern region and business relationship manager for the Australian insurer based in Brisbane, will relocate to Sydney for the new role.
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- December 9 2024
Charles Taylor strengthens Australasia presence through associateship with Carter Briggs Hurle
The associateship will support management of large and complex claims across Australia, New Zealand and the Pacific Islands.