News Page 635 / 1176
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- July 12 2021
Aon/WTW offer to divest large local clients to secure NZ approval
Divestitures equal two-thirds of the GWP placed by WTW’s New Zealand CRB business.
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- July 12 2021
Australia’s second BI test case gets August 30 start date
The case pits Allianz, IAG, Chubb, Guild and Swiss Re against a variety of small businesses.
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- July 12 2021
Generali Hong Kong chief steps down: sources
IAN understands Cillin O’Flynn departed both life and P&C roles on July 8.
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- July 12 2021
Asia P&C (re)insurers see market cap rebound
Top 20 listed APAC (re)insurers valued at US$155 billion by mid-2021 — a 15% increase from a year ago.
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- July 12 2021
DB Insurance improves underwriting as motor losses decrease
South Korean P&C player saw premium hikes and fewer accidents during Covid lockdown.
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- July 9 2021
Sompo International creates APAC global risk team
Trey Martino to lead Singapore-based team targeting China, HK, India, Japan and Macau.
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- July 9 2021
China’s Aon/WTW approval highlights a wide-open market
The antitrust regulator's ambivalence highlights a huge opportunity for foreign brokers.
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- July 9 2021
Hong Kong’s trade credit insurer sees claims fall US$64m
The government body posted an underwriting profit of US$3m.
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- July 8 2021
China to increase agricultural insurance subsidies
Pilot program to be expanded across 13 major grain-producing provinces.
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- July 8 2021
Axa XL appoints Gilles Fromageot as Asia regional manager
The specialty insurer has also promoted Catherine Carlyon to Australia country manger.
