Non-life

Agile lures Aon's Rowan as Group Risk and Compliance officer

July 19 2024

Matthew Rowan joins from Aon where he was Chief Compliance Officer.

fitch-downgrades-china-huanong-p-and-c-rating-on-thin-capital-buffers-and-investment-losses

Fitch downgrades China Huanong P&C on thin capital buffers and capital-raising uncertainty

July 19 2024

Insurer seeing rapid growth but is experiencing declining capital buffers, challenges in fundraising, and falling investment returns.

indonesia-looks-set-to-mandate-third-party-liability-motor-insurance-from-january-2025

Indonesia set to mandate third-party liability motor insurance from January 2025

July 19 2024

Move has been much anticipated by the insurance industry, but presents greater risks alongside the increased opportunities.

Swiss Re: Nat Cat losses set to double over the next 10 years

July 19 2024

Geopolitical risk is also on the rise with the reinsurer warning that SRCC events are also more likely over the next 12 months.

Lockton expands Australian presence with new Adelaide office and appointment of two Client Directors

July 19 2024

Matthew Linke (pictured left) and Andrew Thornton (pictured right) both join the business in the role of Client Director, Corporate.

new-south-korean-law-sparks-surge-in-digital-asset-insurance-products

New law sparks surge in digital asset insurance products in South Korea

July 19 2024

Carriers rush products to meet demand as Virtual Asset Users Protection Act goes live, but face high risks due to volatility and complexities in the segment.

am-best-affirms-hyundai-marine-fires-ratings-amid-increased-medical-claims

Hyundai Marine & Fire’s ratings affirmed with rate hikes balancing increased medical claims

July 18 2024

Strategic rate increases, efforts to improve medical indemnity loss ratio underscores AM Best's stable 'A' IFS rating for Korean insurer.

lm-re-launches-in-australia-appoints-mark-de-la-mare-as-head-of-australia-and-new-zealand

Liberty Mutual Reinsurance launches in Australia, with Mark De La Mare as Head of ANZ

July 18 2024

De La Mare joins from Aon and will lead the LM Re underwriting team from Sydney.

FM Global Rebrands as FM

July 18 2024

New logo and tagline reflects FM's evolving business and impact, the commercial property insurer said.

manulife-asia-appoints-qiu-as-chief-distribution-officer-and-srivastava-as-chief-agency-officer

Manulife Asia appoints Qiu as Chief Distribution Officer, Srivastava as Chief Agency Officer

July 18 2024

Bonnie Qiu (pictured left) joins from HSBC, while Rishi Srivastava (pictured right) moves from AIA.

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