Articles

Insurance

Cyclone Debbie insured losses rise to A$1.74bn

Insured losses across Queensland and New South Wales from tropical cyclone Debbie have reached A$1.74 billion ($1.33bn), according to the final estimate released by PERILS.   28 March 2018

Insurance

Berkshire expands in Australia P&C insurance with Chubb execs

Berkshire Hathaway Specialty Insurance (BHSI) has opened a new office in Perth to further expand its presence in Australia while appointing new property and casualty lines leaders.   26 March 2018

Insurance

Willis Towers Watson expands role of Asia CRB head

Broker Willis Towers Watson has appointed Simon Weaver as the leader of corporate risk & broking (CRB) for Asia and Australasia to accelerate growth in the region.   26 March 2018

Insurance

China reveals head of merged insurance regulator

Chinese financial heavyweight Guo Shuqing has been appointed head of the country’s newly merged regulator for the banking and insurance sectors, Reuters reported citing an online article by Financial News, the official newspaper of the central bank.   22 March 2018

Insurance

NZ earthquake commission raises cap limit

The New Zealand government is set to increase the cap limit on residential building earthquake cover (EQC) to $150,000 from previously $100,000.   20 March 2018

Insurance

Aon appoints Australian MGA leader from Swiss Re

Broker Aon has appointed Adam Cox as the new director of One Underwriting to lead the company's Australian managing general agent (MGA) business.   20 March 2018

Insurance

JLT Re poaches Aon Benfield Asia CEO

Reinsurance broker JLT Re has hired Vinod Krishnan as CEO of Asia treaty business from Aon Benfield.   19 March 2018

Insurance

QBE reshuffles roles; CIO resigns

QBE Insurance is aligning its technology and transformation teams under one business unit within its Australian and New Zealand Operations (ANZO), resulting in the creation of new roles and the redundancy of a senior executive.   19 March 2018

Insurance

Fitch downgrades Prudential on UK demerger

Fitch Ratings has downgraded the long-term ratings of UK-based life insurance group Prudential following the company's decision to separate its UK & European businesses (M&G Prudential) from the rest of the group.   14 March 2018

Insurance

Prudential splits Europe business from US, Asia

UK-based life insurance group Prudential is to demerge its UK & Europe business (M&G Prudential) from the US, Asia and Africa business, creating two separately-listed companies.   14 March 2018

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