News Page 690 / 1330
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- July 6 2022
Korea’s P&C players benefit from improved underwriting: Fitch
Profitability increased sharply in 2021.
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- July 6 2022
Australian market hit by ‘significant’ NSW flood event
Tens of thousands asked to evacuate in fast moving, dangerous situation.
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- July 5 2022
Howden buys Wallace McLean in New Zealand expansion
The Kiwi broker offers agriculture, shipping, freight and entertainment lines, among others.
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- July 5 2022
Peak Re’s net profit decreases 16% to US$73.2m as claims rise
Net incurred claims climbed to just over US$1.3bn.
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- July 4 2022
Suncorp ups FY 2023 cat allowance to US$800m amid more NSW bad weather
At the 1.7 renewals, Suncorp saw reinsurance premiums increase “significantly".
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- July 4 2022
Aon promotes Shepherdson and hires from BMS for APAC energy push
Melissa Shepherdson's energy and mining role expands as Richard Nunny returns to lead renewable energy.
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- July 4 2022
Australia renewals much ‘tougher’ and ‘later’: Gallagher Re
The floods in NSW and Queensland contributed to price increases of up to 25%.
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- July 4 2022
Axa XL appoints APAC, Europe international financial lines CUO
Anna Dores will be responsible for PI, management liability and financial institutions.
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- July 4 2022
Nat Re’s CEO ‘optimistic’ on outlook
Allan R. Santos has pointed to a recovering economy.
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- July 1 2022
Philippine Crop Insurance placed under close regulatory supervision
PCIC was found to be “very exposed to catastrophe losses which are not reinsured.”
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