Industry Segments: Underwriting Page 14 / 18
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- June 3 2022
Axa XL’s Brooklyn Underwriting appoints new acting head
Scott Jerome replaces Tim Fairbrother, who has resigned.
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- May 26 2022
China marine profitability won’t bounce back on its own
With large state-backed companies aggressively growing market share, competition is fierce.
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- May 20 2022
South Korea’s non-life players see underwriting profit boost
Net profits rose by 72% in 2021 to a record-high of US$3bn in 2021, according to AM Best.
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- April 27 2022
Singapore regulator calls on (re)insurers to improve BI policies
Director Gillian Tan believes insurers are well-placed to improve cover, but data is key.
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- April 13 2022
Asia’s agri market sees parametric growth
The sector is faced with a significant protection gap that needs more innovative underwriting.
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- March 31 2022
Aussie insurers prioritise governance as product design rules bite
Moves to redefine 'retail' may make this even more important.
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- March 21 2022
Berkley Insurance Asia bolsters financial lines team
The former Dual Asia underwriter is based in Singapore and joins a team of six.
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- March 17 2022
MS Amlin expands in Singapore with two appointments
The Lloyd's syndicate has hired from Willis Re and promoted a claims specialist from Malaysia.
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- March 10 2022
Electric car insurance: profitability concerns persist
As a new dawn greets Asia’s motor industry, a dearth of data presents underwriting challenges.
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- March 2 2022
Ukraine crisis may force further hardening of Aussie cyber
Heightened threat constrains underwriting appetite.
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- February 28 2022
Asia cyber ripe for underwriting revolution
Gallagher Re suggests skyrocketing premiums could be countered by changes in industry practices.
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- February 21 2022
Samsung Fire & Marine sees 42.5% profit jump despite underwriting loss
The P&C player made an underwriting loss of US$458m in FY 2021 -- an improvement over FY 2020.
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- February 10 2022
QBE joins UN’s Net-Zero Insurance Alliance
The insurer has agreed to transition its underwriting portfolio to net-zero by 2050.
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- February 4 2022
QBE Australia Pacific appoints chief underwriting officer
Andrew Ziolkowski was most recently at New South Wales' icare.
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- January 31 2022
Vietnam’s PTI underwriting risks to grow: AM Best
The P&C player has had a favourable loss ratio but high expense ratio amid a GWP slowdown.
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- January 24 2022
Peak Re appoints P&C head of product underwriting
Piotr Nowakowski joins in February in Hong Kong and was most recently at Echo Re.
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- January 19 2022
IAG hires Suncorp veteran for underwriting role
Darren O'Connell is joining the Intermediated Insurance Australia division.
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- December 13 2021
China Taiping (HK) to maintain market position: AM Best
The SAR's third largest P&C player saw premiums expand in 2020 driven by motor and A&H.
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- December 2 2021
GIC Re takes premium hit amid ‘bottom-line’ focus
The reinsurer tells IAN classes with higher claims are being avoided as health and marine business drops.
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- November 18 2021
KB Insurance’s underwriting boosted by fewer claims: AM Best
The firm is South Korea’s fourth-largest non-life insurer with a market share of around 13%.
