News Page 84 / 1030
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- September 26 2024
Australian brokers’ reported breaches in 2023 up 36% with US$6.5m impact on clients: IBCCC
In the 2023 Annual Data Report, the independent body tasked to monitor practitioners' compliance with the Insurance Brokers Code of Practice in Australia also highlights its concerns on brokers' failure to disclose their commissions to over 8,000 clients.
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- September 26 2024
Cybersecurity firm Blackpanda integrates underwriting unit into group
The cyber emergency response firm raises US$6.7 million from Singtel Innov8, Gaw Capital Partners and WI Harper Group, taking its total capital raised under Series A to US$21.7 million.
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- September 25 2024
Price Forbes ropes in Honan’s Thomas Russell to spearhead Singapore ANZ division
Russell has taken up the newly created role as director, head of Australia and New Zealand wholesale for Asia in a newly created position reporting to Phil Johnson, CEO for APAC.
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- September 25 2024
WTW appoints Sao Mai Nguyen as associate director for cargo, Asia
Nguyen will join the regional Asia cargo team within WTW's global marine business, according to an announcement by Oliver Scarr, head of cargo for Asia.
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- September 25 2024
Rising cat losses in Greater China put risk exposures under the lens
(Re)insurers in the region are increasingly focusing on understanding and analysing risk exposures and are more willing to invest in data collection, says Guy Carpenter’s Kitty Bao.
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- September 25 2024
APAC cyber will find equilibrium long term but short-term softening of rates likely
Teck Siong Ng, cyber underwriter at Beazley, discusses the regional risk landscape and challenges presented by the lack of structured frameworks and emerging technologies like AI.
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- September 25 2024
Hong Kong’s connectivity with GBA has reinforced its role as a global risk management centre, IA’s Clement Cheung
The SAR is well-placed to be a hub for captives, especially by mainland enterprises to holistically monitor their overseas project risks and scale up their intra-group risk management capacity, says the regulator’s CEO.
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- September 25 2024
Strategic initiatives, policy reforms crucial to encourage female participation
Gen Re’s Orchis Li sees gender equality as key market driver as the reinsurer’s GM gives her perspective on female leadership and representation in the Hong Kong market.
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- September 25 2024
Hong Kong RBC framework enhances insurers’ enterprise risk management: AM Best
The risk-based capital regime also introduces disclosure requirements that will improve transparency and comparability among insurers in Hong Kong, the rating agency said.
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- September 25 2024
Allianz Commercial strengthens India specialty focus with Munich Re’s Amol Akhuj hire
Mumbai-based Akhuj will become head of natural resources and construction for India, reporting to the country CEO CB Murali.
