News Page 97 / 1057
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- October 23 2024
HDI Global’s ART unit eyes Asia expansion under new leadership
The carrier’s specialist unit HDI Enablers is looking to expand into Malaysia following the appointment of Eric Joly-Pottuz as head.
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- October 23 2024
Allianz opens talks with India’s Reliance to launch insurance JVs: report
While Jio has been looking to rope in a foreign partner for its insurance foray, as exclusively reported by IAN, the current talks follow the German insurer’s plans to exit its JVs with Bajaj Group.
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- October 23 2024
Indian regulator urges large businesses, conglomerates to foray into insurance: report
The IRDAI claimed that the regulatory processes in the country have been streamlined, making it easier for new companies – business houses, PE firms, venture capitalists and family offices - to set up shop.
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- October 23 2024
Australian consumer body urges regulatory intervention on general insurance guidelines
Australian Consumers Insurance Lobby highlighted inadequate standards prevalent in expert reports while handling insurance claims processes.
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- October 23 2024
Sedgwick appoints Nigel Lloyd as director of resources and power generation
Perth-based Lloyd has 12 years of experience managing complex claims in the resources, power generation and construction sectors.
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- October 23 2024
Generali expands underwriting restrictions to midstream, downstream oil and gas transition laggards
The restrictions, a first in the industry, will affect new liquefied natural gas (LNG) terminals, oil and gas pipelines and oil and gas-fired power plants and investments in new financial instruments issued by companies.
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- October 23 2024
ASIC sues QBE for allegedly misleading customers over loyalty discounts
The corporate regulator said the insurer's pricing model reduced the discounts promised to customers on policy renewals.
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- October 23 2024
Ardonagh-backed Cornerstone Risk Group continues NSW expansion with Tony Barlow Insurance buy
This the Brisbane-headquartered broker's second acquisition in New South Wales this year.
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- October 23 2024
Price Forbes eyes ‘explosive growth’ in Singapore with its specialist focus: Asia CEO
The (re)insurance broker is planning to double its headcount and number of business lines in the region within 18 months, according to Philip Johnson.
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- October 23 2024
China’s EV transition to drive premium growth: Moody’s
However, rising claims costs, higher accident rates and expensive components could erode the industry’s underwriting margins.