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AIG promotes Kathleen Warden to General Manager for Australia
May 23 2025
Warden steps up from her role as Head of Client & Broker Engagement for Australia and APAC.
Pacific Life Re strikes second AIR deal with Japan’s Anshin Life
May 23 2025
Pacific Life Re and Anshin Life expand partnership with new asset-intensive reinsurance deal.
Philippine insurance penetration rises to 1.89% in Q1 2025
May 23 2025
Life and non-life insurers saw income growth, while MBAs posted asset gains but a drop in surplus due to rising costs.
Zenkyoren partners with SV on US$100m earthquake cat bond covering Japan, Germany
May 22 2025
The Liongate Re bond offers three years of cover, combining indemnity protection for Japan and parametric cover for Germany.
Resolution Life signs Asset-Intensive Reinsurance deal with Anshin Life
May 22 2025
Anshin Life will continue to service policies while transferring portfolio risks to Resolution Life.
Aon, Moody’s add commercial risks to reinsurance casualty tie-up
May 22 2025
The partnership extends to climate-linked casualty and over 300 emerging risk perils.
Lockton promotes Piers Hughes to Head of Placement for Asia
May 22 2025
In his new role, Hughes will enhance facilities, captives, and retro capabilities across the region.
Jamie Chambers appointed CEO of AXA XL Greater China
May 22 2025
Chambers to take on expanded role following the retirement of HaoMing Zhou.
ACCC greenlights IAG’s acquisition of RACQ Insurance stake
May 22 2025
Approval represents a key milestone in the deal, with the competition watchdog concluding the market will remain competitive following the acquisition.
New India Assurance to launch parametric insurance product in May: Reports
May 22 2025
State-run insurer is set to roll out a climate risk parametric insurance product for retail and business clients this month.
KDB Life at risk of 'troubled firm' status after capital adequacy decline
May 22 2025
The insurer cites IFRS 17 and lower discount rates as reasons for its capital drop, but says it can still meet policyholder obligations.
NSW hit by record floods as 'one-in-500-year' event leaves 50,000 stranded
May 21 2025
The Insurance Council of Australia has declared the flooding a significant event.
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