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Insurance
Cyclone Debbie insured losses rise to A$1.66bn: PERILS
The insured property market loss for tropical storm Debbie, the strongest tropical cyclone in the Australian region since Cyclone Quang in 2015, has reached A$1.658 billion ($1.3 billion), according to PERILS.   28 September 2017
Insurance
Chubb appoints head of diversity and inclusion
Property/casualty insurer Chubb has appointed Louisa Lombardo as head of diversity and inclusion (D&I) for Europe, Eurasia and Africa.   27 September 2017
Insurance
Willis Towers Watson taps ATC exec to lead CRB claims in Australia
Broker Willis Towers Watson has appointed Sampath Soysa as claims manager – Northern and Southern region Australia, within its Corporate Risk and Broking (CRB) team.   27 September 2017
Insurance
Chubb reveals new CEO and chairman of Pakistan operation
Chubb Insurance has revealed several key changes to its leadership team in Pakistan, following the retirement of CEO and chairman Zehra Naqvi.   27 September 2017
News
Russian National Reinsurance Company expands into China, India
Russian National Reinsurance Company (RNRC) aims to expand into China, India, the Middle East and Africa to increase income from premiums and diversify beyond Russia, Reuters cited the chief executive as saying.   22 September 2017
Insurance
China’s insurtech ZhongAn raises $1.5bn in IPO
Internet-only insurer ZhongAn Online Property & Casualty Insurance priced its initial public offering (IPO) at the top of an indicated range, raising $1.5 billion in Hong Kong, Reuters reported on Sept. 22.   22 September 2017
Insurance
AIA expands in Australasia with $3bn cash acquisition
Pan-Asian life insurance group AIA said on Sept. 21 that it reached an agreement with the Commonwealth Bank of Australia to acquire CommInsure Life and Sovereign, CBA’s life insurance business in Australia and life and health insurance businesses in New Zealand.   21 September 2017
Insurance
Willis appoints insurance consulting head for Hong Kong, Taiwan
Broker Willis Towers Watson said on Sept. 19 that it appointed Albert Li as head of Hong Kong and Taiwan for its insurance consulting and technology business.   19 September 2017
Insurance
IUMI president predicts shake-up in marine underwriting
The current environment of disruption will cause a shake-up in the marine insurance sector, the president of the International Union of Marine Insurance (IUMI) Dieter Berg said at the annual IUMI conference in Tokyo.   18 September 2017
Insurance
China’s internet-only ZhongAn to expand into life and healthcare
China’s internet-only ZhongAn Online Property and Casualty Insurance plans to add life insurance and other healthcare products to the range of policies it offers to accelerate growth after going public in Hong Kong, Reuters reported on Sept. 17.   18 September 2017

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