News Page 33 / 1090
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- May 14 2025
Axa XL boosts India team, taps Swiss Re’s Saumitra Sharma as CUO
Specialty (re)insurer has made five new hires in the country across underwriting and claims, the additions follow the onboarding of new CEO Alok Shukla on April 1.
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- May 13 2025
Zurich Singapore hands out 2 expanded property, financial lines leadership roles
Christy Yeo appointed head of property, and Wendy Ong appointed head of financial lines.
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- May 13 2025
Howden Asia hires ecosystems industry veteran Daniel Fairweather
Singapore-based Fairweather was previously executive director at Gallagher and divisional director at WTW.
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- May 13 2025
Korea’s FSC to establish bridge insurer for MG Non-Life reorganisation: report
Temporary insurer will be funded by Korea Deposit Insurance Corporation to manage the troubled carrier's insurance contracts and transfer to other non-life carriers.
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- May 13 2025
Lotte Insurance plans capital raise as it postpones US$64m bond redemption: reports
Carrier's plans to exercise a call option ran into opposition from regulator FSS due to low capital ratio.
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- May 13 2025
APRA authorises IAG-backed CGU Australia as new general insurer
IAG had announced it will restructure CGU and WFI Insurance brands by centralising specialist expertise.
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- May 13 2025
Gallagher Re taps Swiss Re’s Satoshi Yamazaki as senior manager in Tokyo
Yamazaki has held senior treaty and facultative underwriting positions at Swiss Re and XL Catlin.
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- May 13 2025
India-Pakistan tensions put pressure on pricing, capacity as carriers remain cautious
Market is unlikely to face significant losses due to limited appetite for risks associated with high exposure near the border region, says industry expert.
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- May 12 2025
Chair of federal flood insurance inquiry named Australian financial services minister
ICA welcomed Anthony Albanese's second Labor government and assistant treasurer and financial services minister Daniel Mulino.
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- May 12 2025
Allianz Commercial appoints Roy Kang as property underwriter in Tokyo
Kang previously worked at Hyundai Marine & Fire Insurance for almost nine years, focusing on reinsurance underwriting.
