News Page 654 / 1049
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- December 9 2019
Sedgwick promotes Tang after HK CEO departure
IAN understands that Pierreddy Wong will join a rival adjuster.
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- December 9 2019
AIG’s Alex Todd to switch from Canada to Asia
Todd will become head of commercial property for Asia-Pacific.
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- December 9 2019
Philippines seeks US$20bn cover for P&C exposure
The country is looking to reinsure typhoons, floods and earthquakes.
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- December 9 2019
China approves 51% stakes in life JVs
The announcement speeds up the opening of the market.
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- December 6 2019
Nat cats batter Australia’s underwriting profits
The market saw a 53.4% decline from the same period in 2018, and there are ongoing bushfires.
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- December 6 2019
Lucia Sun joins Generali as Asia head of claims
Sun has switched to the Italian major from Zurich.
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- December 6 2019
Japan’s life players can expect strong, stable 2020: Moody’s
The verdict comes despite ultra low interest rates.
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- December 5 2019
ACR to stop writing business as Catalina deal agreed
Asia Capital Re won't take on any more business and will enter into run-off.
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- December 5 2019
China insurtech secures US$28m from Hillhouse
Private equity deal in Lima Insurance Cloud follows its increased investment in Hong Kong's Blue.
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- December 5 2019
Lloyd’s launches space policy
A consortium has backed private risks into space.
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