News Page 23 / 1090
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- June 3 2025
NSW floods claims top 8,700 as residents face ‘uncertain future’
Over 78% of claims are related to property, according to the Insurance Council of Australia (ICA).
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- June 3 2025
India’s 3 state-owned insurers need close to US$2bn to remain solvent: ICRA
Combined solvency ratios remained weak at 0.85 as of December, compared to the regulatory minimum of 1.50.
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- June 3 2025
RGA closes US$1bn asset intensive reinsurance deal with Dai-ichi Life
The transcaction will be a coinsurance of the Japanese insurer's statutory reserves and the effective date is March 31 this year.
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- June 3 2025
Howden Specialty adds Marsh’s HuiLeng Tan to APAC power, renewables team
She had spent the last 10 and a half years with Marsh.
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- June 3 2025
‘Pivotal moment’ as Allianz Australia’s sale of Hunter Premium Funding is finalised
Allianz had agreed to sell Hunter to Pemba Capital Partners in December.
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- June 2 2025
Lockton taps Aon’s Darryl Lee as head of professional, executive risk
Singapore-based Lee previously worked at Aon for almost eight years, most recently as associate director for financial services and professions group/sales and marketing.
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- June 2 2025
AIG appoints Celina Ennis as ANZ head of operations
Ennis joins from Allianz, where she was national manager for quality assurance since July 2021.
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- June 2 2025
Swiss Re CorSo promotes Cyrus Pang to Asia head of claims
Pang has been with Swiss Re CorSo since May 2021, having joined as global head of international programs and customer experience claims.
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- June 2 2025
Grab ‘in early stages’ of entering Singapore’s motor insurance market: report
GrabInsure has been hiring staff in recent months, having obtained a general insurance licence from the Monetary Authority of Singapore in December.
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- June 2 2025
Canopius boosts APAC casualty, financial lines teams with dual promotions
Brodie English has been promoted as head of casualty for Australia and New Zealand, succeeding Craig Elliot, while Rob Barnum has been named head of financial lines for APAC.