News Page 652 / 1279
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- May 17 2022
Marsh appoints new Taiwan CEO
Current chief executive Jerry Mao moves into chairman role.
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- May 17 2022
IRDAI changes reporting rules for foreign reinsurers and Lloyd’s
There are now fewer reporting requirements.
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- May 16 2022
China to set up multi-disaster nat cat system
A CBIRC-run protection scheme currently provides around US$94bn of protection.
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- May 16 2022
Commercial lines give Zurich 11% boost in APAC P&C as rates stay ‘moderate’
Rates at the insurer climbed 3% in Q1, with P&C GWP hitting US$832m.
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- May 16 2022
Queensland launches resilience scheme as more floods arrive
The US$500m Resilient Homes Flood is the largest such programme to be launched in Australia.
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- May 16 2022
Asia’s income inequality limits insurance potential
New research shows that inequality lowers demand for P&C insurance in all economies.
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- May 13 2022
Peak Re’s David Menezes to succeed Eckart Roth in risk role
CRO Roth is retiring in September after a 30 year career.
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- May 13 2022
Reinsurance pool to fall ‘short of expectations’: Aussie coverholder
Redicova, a provider of parametric wind insurance, predicts a 10% reduction in premiums.
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- May 13 2022
Allianz Australia takes 20.8% COR nat cat hit
Combined ratio hits 106.6% after February and March flooding drives €150m loss.
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- May 12 2022
Howden acquires Singapore’s Aegis Insurance Services
The specialty broker offers PI, liability, pilot loss of license and bonds and financial guarantee schemes.
