News Page 93 / 1363
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- June 10 2026
APAC insurance outlook neutral for 2026 despite rising claims cost: Fitch
Resilient capital buffers, disciplined underwriting and improving asset-liability management are offsetting market pressures across the regoon, hwoever, modestly higher claim inflation and tighter solvency rules are expected to challenge profitability.
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- June 10 2026
Market Lane promotes Bobby Major to head of ML specialty
Sydney-based Major has been with Market Lane since 2023, most recently business development manager for Australia and New Zealand.
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- June 10 2026
Asean renewable energy assets worth US$165bn facing severe climate risk exposure by 2030: Zurich
About 75% of total capacity is projected to face severe climate risk exposure by 2030, but US$82 billion in losses can be circumvented, according to Zurich.
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- June 10 2026
Munich Re Specialty continues Australia build-out, hires Angus Kench as commercial claims head
Sydney-based Kench, who joins from Liberty Specialty Markets, will start in his new role from July 1.
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- June 10 2026
Steadfast receives takeover offer
Australian broker's shares entered trading halt pending 'a potential control transaction', according to a stock exchange filing.
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- June 10 2026
Helia Group taps Mark Senkevics as CEO, managing director
Senkevics was most recently CEO for underwriting agencies at Steadfast Group.
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- June 10 2026
IAG warns New Zealand’s ‘piecemeal’ approach to natural hazards is unsustainable
Insurer has identified 42 gaps in the current nat cat resilience effort and proposed a 15-year roadmap to strengthen the country's risk reduction strategy.
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- June 9 2026
Saudi Re taps Ruchi Jain to lead Gift City operations
Appointment comes after the reinsurer received regulatory approval to establish a presence in India’s special economic zone in January.
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- June 9 2026
Chinese regulator fines Taiping’s mainland non-life unit over compliance lapses
Regulator flags inappropriate reserving, internal control gaps, data misreporting; seven individuals also penalised.
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- June 9 2026
State Bank of India confirms listing plans for general insurance arm: reports
State-owned lender is planning to IPO SBI General Insurance and SBI Mutual Fund, chairman says.