News Page 631 / 1247
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- March 30 2022
Axa XL appoints new Australia head of distribution
The director is relocating from Hong Kong to Sydney and starts on April 1.
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- March 30 2022
Dual sells Asia financial lines, cyber portfolio to Chubb
The MGA's Hong Kong and Singapore units had used MSIG as an underwriter.
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- March 30 2022
TigerRisk enters Australia, the Pacific
The global reinsurance broker has hired veteran Simon Chandler.
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- March 30 2022
APRA appoints new executive director of insurance
Sean Carmody takes over from Brandon Khoowill, who becomes executive director of cross-industry insights and data.
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- March 29 2022
CPIC P&C arm hits US$1bn net profit in 2021
Agriculture, liability and health lines all saw double digit GWP growth during the year.
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- March 29 2022
Australia floods are an earnings, not capital event: Fitch
Most losses will be borne by IAG and Suncorp, as La Nina conditions are set to continue in Q2.
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- March 29 2022
Losses expected as Thai oil tanker explodes
The Ampar 8 was built in 2007 and is owned by Ayudhya Development Leasing.
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- March 28 2022
ICA calls for Australia cyber market overhaul
A new whitepaper calls for businesses, insurers and government to do more to promote sector.
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- March 28 2022
South Korea non-life net profits increased 65.2% in 2021
As profits hit US$3.53bn, premiums climbed a more modest 2%.
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- March 28 2022
Marsh hopes ESG benchmarking tool will improve Asia capacity access
A lack of corporate disclosure is a particular problem for the region.
