News Page 64 / 1089
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- March 11 2025
Cyclone Alfred claims ‘spike’ to over 22,000 as clean-up begins
Majority from Queensland, according to the Insurance Council of Australia, with claims from New South Wales set to increase in coming days.
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- March 11 2025
Gallagher expands in Philippines with Philinsure acquisition
Global broker increases minority stake in the Philippines-based broker it has held since 2016.
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- March 11 2025
PCRIC makes US$45,000 parametric payout on coral reef cover in Cyclone Rae aftermath
Payment to an NGO in Fiji will be used for reef clean-up and restoration activities and community livelihood support hit by the tropical cyclone.
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- March 10 2025
KDIC recovers US$125m in public funds from Seoul Guarantee IPO
The state-owned Korean Deposit Insurance Corporation sold 10% (6,982,160 shares) of its total issued shares (93.85%) through the listing of Seoul Guarantee, and is expected to sell the remaining equity to recover an additional US$3.4bn.
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- March 10 2025
Search begins for new IRDAI chief: report
Debasish Panda’s three-year term as chairperson is due to end on March 13, 2025, although applications are being accepted until April 6.
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- March 10 2025
Japan P&I confirms key personnel changes amid latest reshuffle
Koji Shikada takes on extended roles as deputy head of underwriting units and general manager of Tokyo underwriting department I, effective from April 1.
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- March 10 2025
Marsh Australia appoints Kevin Duggan as principal
Prior to joining Marsh, Duggan worked at home and auto insurance agency Nsure for almost five years.
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- March 10 2025
Lights, camera, action: specialist MGA seeks to punch above its weight, prove good things come in small packages
Film and event specialist Circles Group, which has offices in Hong Kong and Singapore, plans to grow further into China, South Korea and Singapore.
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- March 9 2025
Cyclone Alfred claims top 3,000, thousands more expected in coming days
ICA declares insurance catastrophe as flash flooding, thunderstorm warnings remain with remnants of the ex-cyclone moving inland.
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- March 8 2025
Full capacity: Gender no bar; Sticklers for rules
In the latest issue of our Full Capacity newsletter, we look at M&As, Australia, nat cats, International Women’s Day and regulations, as well as our weekly roundup of people moves.
