News Page 89 / 1030
-
- September 16 2024
Swiss Re elevates Seng Lee to co-head corporate development
The Hong Kong-based M&A specialist has been managing director for the reinsurer since August 2022.
-
- September 16 2024
Lockton Australia expands claims offering with Gallagher hire
Sydney-based Adam Squire, who has 38 years of industry experience, has joined the broker as head of claims.
-
- September 16 2024
Typhoon Yagi inflicts US$1.6bn in damages to Vietnam, to impact GDP growth
The super storm impacted 26 Vietnamese localities that collectively represent 41% of the country’s GDP and 40% of its population.
-
- September 16 2024
Japan’s big 4 submit progress of business improvement plan to FSA
Tokio Marine & Nichido Fire Insurance, Sompo Japan and MS&AD's subsidiaries Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance' measures to improve compliance, audits throughout the year, and new bottom-line indicators that reflect profitability.
-
- September 16 2024
Severe Typhoon Bebinca grounds flights, rail services and shut resorts as it lands in Shanghai
The strongest to hit Shanghai in 75 years, the meteorological bureau warns of heavy downpour and flooding risks for Jiangsu, Zhejiang and Anhui provinces up to September 18.
-
- September 16 2024
Hong Kong’s Nova Insurance FY 2024 revenue up 3.6% to US$14.7m
The broker reported robust retention ratios and added new accounts, including a public utility, listed companies and educational institutions, according to a stock exchange filing by its parent FSE Lifestyle.
-
- September 13 2024
Super typhoon Yagi hit Vietnamese insurers with US$285m in claims payout
PVI Insurance, the largest non-life carrier, called it "a historically undesirable loss for Vietnam’s insurance industry" and for the company. The 9,000 claims filed are expected to keep rising, Ministry of Finance said.
-
- September 13 2024
Foreign hackers hit Chung Kuo Insurance’s parent Mega Financial in cyber attack
Russian hacker group NoName057 claimed to have started a series of DDoS attacks against the financial holding company, government entities including the Ministry of Finance and the Supreme Court since Monday.
-
- September 13 2024
China braces for typhoon Bebinca as Yagi slaps US$11bn economic losses on Hainan: report
The country’s meteorological bureau issued a blue alert for its 13th typhoon of the year warning of heavy rain in Zhejiang, and Shanghai. This followed local media reports pointing to escalating economic losses that super typhoon Yagi caused to Hainan.
-
- September 13 2024
Ardonagh Group appoints Mark Mitchell to spearhead units’ Asia expansion
Singapore-based Mitchell will work with Ardonagh-owned Envest and Price Forbes to explore opportunities to expand their retail and wholesale broking footprint, and develop new MGA capabilities in Asia.
