News Page 87 / 1089
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- January 23 2025
Aon launches India life and health reinsurance practice, appoints Renuka Nar as head
Broker also appoints Neha Shah as the practice’s chief actuary.
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- January 23 2025
Gard expands Japan product portfolio with marine & energy risks
The P&I club will offer hull and machinery, war risk and loss of hire covers as well as builders’ risk to shipyards and offshore wind risk.
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- January 23 2025
Zurich Kotak appoints Nimesh Jayanti Kanabar as CRO
Industry veteran joins firm from domestic peer Zuno General Insurance.
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- January 23 2025
Tower names Paul Johnston as interim CEO
Johnston, who was most recently CFO for the New Zealand carrier, will succeed incumbent CEO Blair Turnbull effective from February 13.
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- January 23 2025
Indian shipping regulator allows Russian insurer Soglasie to offer P&I cover
The Directorate General of Shipping has also extended approval for Russian insurers Sogaz Insurance, Alfastrakhovanie, and VSK Insurance to cover vessels entering India ports till 2030.
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- January 23 2025
Australia opens applications for US$125m disaster mitigation grant
Third round of Disaster Ready Fund focuses on large-scale infrastructure that will deliver disaster risk mitigation, resilience and safety benefits and put downward pressure on insurance costs.
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- January 23 2025
Malaysian Re in good stead ahead after business revamp: AM Best
Global rating agency affirms A- (excellent) insurer rating with a stable outlook, driven by a very strong balance sheet, adequate operating performance and a neutral business profile.
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- January 22 2025
APAC records nat cat insured losses at US$8bn in 2024, the lowest since 2012: Gallagher Re
Three events - China seasonal floods, Typhoon Yagi, and Japan’s Noto Peninsula Earthquake - drove 68% of economic losses, or US$88bn, in the region.
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- January 22 2025
India’s Zurich Kotak appoints Sutikshan Mishra as financial institutions group head
Mishra joins firm from health insurer Star Health and Allied Insurance, where he was business head for bancassurance sales and strategic alliances.
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- January 22 2025
First for Vietnam as Circles Group, Bao Minh Insurance offer film, event solutions
MGA will provide A-rated capacity, products and underwriting, while the Vietnamese insurer will offer distribution and local regulatory paper.
