News Page 61 / 910
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- March 6 2024
Analytics: Motor results shore up Korean majors’ FY23 underwriting performance
While the carriers have seen strong premium growth in the past year, their long-term and commercial businesses' underwriting returns remain under pressure and weighed on overall results.
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- March 6 2024
China Re, PICC team up to form rule-setting body for typhoon, flood risks: report
The state-backed working group seeks to build a risk assessment platform to offer tailored insurance coverage for the two perils.
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- March 5 2024
Fitch cuts Construction Guarantee’s outlook to stable on member firm’s debt woes
The rating agency has maintained its "A" rating due in part to its strong underwriting performance. Its combined ratio averaged 62% during FY 2020-2022.
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- March 5 2024
Cyber, marine cargo and property to drive Singapore wholesale market in 2024: Howden
Claims inflation, war/conflict and talent are the three factors most likely to impact the market in the coming year, according to the broker's survey of insurers in Singapore and Malaysia.
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- March 5 2024
Assured Guaranty hires managing director for Australia expansion
The financial guarantee insurer has appointed Melissa Gribble as part of its move to grow origination activities in the country with a focus on the infrastructure, utilities and structured finance markets.
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- March 5 2024
Mustard Underwriting partners with Sovereign Insurance Australia for personal lines roll-out
The MGA will start with home and contents, landlords, contents cover and motor products for the Australian and New Zealand markets.
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- March 5 2024
Arch Insurance Australia hires professional indemnity expert
Melbourne-based Aaron Green, founder of a PI-focused broker for 10 years, has now joined the insurer as a senior underwriter.
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- March 4 2024
Miller taps Marsh for Asia head of operations
Singapore-based Frédérique Champvillard will support the firm’s strategic expansion into Asia with a focus on client service.
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- March 4 2024
Charles Taylor expands APAC aviation team with two senior hires
Singapore-based Bob Battoo returns to Charles Taylor as managing director to lead aviation risk and claims team for the insurance and leasing markets; Dennis San Jose joins to launch aviation asset management service in the region.
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- March 4 2024
Insured losses from Australia summer cat events reach US$1bn: ICA
While damage from both Jasper and the Christmas and New Year storms was widespread across three states – Queensland, New South Wales and Victoria - the average claim cost was under A$10,000, lower than from similar events.
