News Page 6 / 1109
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- August 13 2025
IAG FY25 net profit surges 51.3% to US$887m, COR improves to 87.2%
Strong uplift in profit driven by 'disciplined approach to pricing, underwriting and claims efficiencies, combined with favourable perils experience'.
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- August 12 2025
Hannover Re’s H1 APAC revenue growth lags broader group
Reinsurer's APAC revenues fell 4.8% year on year in the first half of 2025, versus a 3.3% gain for the group.
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- August 12 2025
360 Underwriting hires CGU’s Pegah Vaghaye as Australian agencies’ COO
Sydney-based Vaghaye will oversee the optimisation of operational processes, integration of new agencies, and digital enablement initiatives.
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- August 12 2025
Lockton India appoints Darshan Parikh as senior director to corporate solutions group
Mumbai-based Parikh joins the broker following seven years at Marsh, and will be responsible for driving growth and expansion within the marine, aviation, and space practices.
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- August 12 2025
Chinese lessor Avmax secures US$29m from Liberty-led insurers for planes lost in Russia
Company had leasing contracts with Russian carriers for three Dash 8 turboprop regional airliners, which are now irretrievable due to sanctions.
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- August 11 2025
Howden brings on board Shipowners’ Hari Subramaniam in Asia marine leadership role
Singapore-based Subramaniam has been appointed chief commercial officer for marine, cargo and logistics Asia.
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- August 11 2025
Aon names Murali Raj as complex property claims advocate for Asia
Singapore-based Raj joins from WTW, where he spent more than 13 years in senior claims leadership roles.
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- August 11 2025
Richard Jones starts at Gallagher Re as chairman for Southeast Asia, Taiwan and South Korea
Kyung Won and Vinay Ananthanarayanan have also started at the reinsurance broker, as revealed by IAN in February.
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- August 11 2025
State Bank of India mulls listing general insurance arm: reports
State-owned lender is planning to IPO SBI General Insurance and SBI Mutual Fund, chairman says.
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- August 11 2025
Swiss Re CorSo’s Preeti Sawalani swaps London for Singapore role
Sawalani returns to the city to lead the customer and distribution strategy in Southeast Asia.