News Page 633 / 1049
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- March 4 2020
Australia’s January hailstorm losses jump 26% to US$528m
There have been 87,500 claims filed of which 60,000 related to motor vehicle damage.
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- March 3 2020
Canopius’ Mark Newman on marine, growth and talent
The specialist player is seeing rate increases, greater demand and more regional expertise.
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- March 3 2020
Timaru hailstorm was NZ’s third costliest nat cat in 100 years
The November storm will cost insurers over US$50m in a nat cat heavy Q4.
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- March 3 2020
Consumer group lobbies against PE bids for Prudential Life Korea
MBK Partners, Hahn & Company and IMM Private Equity are in the running to acquire Prudential.
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- March 2 2020
Munich Re’s chairman bullish as Japan renewals to rise
The German giant had a positive financial result for 2019 despite some major losses.
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- March 2 2020
MS&AD confirms Hara’s top role and more senior appointments
The appointments will be given a seal of approval in June at the group's shareholders meeting.
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- March 2 2020
1,500 workers engaged in improper sales at Japan Post
The company is undergoing an internal review and investigation at a cost of US$32m.
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- February 28 2020
Jon Hancock to lead AIG international GI
The Lloyd's performance director will oversee AIG's Asia Pacific operation.
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- February 28 2020
ACR’s underwriters depart
The move had been expected since the sale to run-off player Catalina last year.
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- February 28 2020
Munich Re confirms US$1bn buyback timetable
The plan involves 3.9 million shares and 2.7% of the share capital.
