IAG to release US$125m from provisions after favourable court decree
February 1 2025 by InsuranceAsia News
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Ketan Mehta joins Gallagher India as chief compliance officer
- December 4
Mumbai-based Mehta has over 17 years of experience in risk management and compliance, specialising in FCPA, fraud investigations, business process reviews and regulatory compliance.
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Japanese, Korean trade insurers face US$100m+ exposure in Northvolt bankruptcy: report
- November 27
The government-owned credit guarantee agencies NEXI and K-Sure had covered loans to the Swedish battery maker that filed for a Chapter 11 reorganisation in the US.
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QBE Insurance promotes Jamie Kelly to group chief compliance officer
- November 26
Sydney-based Kelly, who was previously interim executive/group head of risk culture and conduct, will lead the carrier's global compliance function, reporting to group chief risk officer Fiona Larnach.
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Dali owner, operator reach US$100m settlement over Baltimore bridge collapse
- October 25
Singapore-based Grace Ocean and Synergy Marine, the owner and operator of the cargo ship that struck the Francis Scott Key Bridge in the US earlier this year, have agreed to pay the amount to the US federal government.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
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HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
