Business type

australian-local-government-association-calls-to-more-than-double-disaster-ready-fund

Australian Local Government Association calls for significant increase in Disaster Ready Fund

April 4 2024

ALGA suggests increasing annual DRF allocation to AU$450m (US$297m), echoing calls from the industry for more long term solutions to insurance affordability.

Howden Tiger to rebrand as Howden Re

April 4 2024

Rebrand aligns with Howden's efforts to consolidate its operations under a single name and management structure.

canopius-group-names-named-soon-keen-lee-as-ceo-for-asia-pacific-and-mena

Canopius names Soon Keen Lee as CEO for Asia Pacific and MENA

April 4 2024

SK Lee joins from AIG and succeeds previous APAC CEO Mark Newman, who now serves as the specialty (re)insurer's UK CEO.

Resolution Life set to acquire Asteron Life in NZ$410m Deal

April 4 2024

US$247m acquisition from Suncorp Group will make Resolution Life New Zealand's second-largest life insurer.

Generali finalises acquisition of asset manager Conning

April 4 2024

Generali acquires Conning from Cathay Life, strengthening its asset management footprint in key Asian and US markets.

axa-completes-acquisition-of-xl-re-china

AXA acquires XL Re China

April 4 2024

AXA Group strengthens its foothold in China by acquiring all shares of XL Re China.

Aon completes acquisition of India's Global Insurance Brokers

April 3 2024

Aon finalises acquisition to strengthen Indian broking and advisory service presence across commercial risk, health, and reinsurance markets.

Fitch affirms Zhongyuan Agricultural Insurance's ratings amid expense ratio improvement

April 3 2024

'A-' rating reflects profitable underwriting, strong backing from government ownership, and robust portfolio of treaty reinsurance.

PERILS second industry loss estimate for Australia's Christmas Storms rises to AUD1.547bn

April 3 2024

AU$1.547bn (US$1bn) figure is an increase from PERILS's initial AU$1.395bn loss estimate, reported on Feb 14.

andreas-berger-to-become-swiss-res-new-group-ceo-from-1-july-2024

Andreas Berger to become Swiss Re's Group CEO from 1 July 2024

April 3 2024

Berger secures unanimous board approval to succeed Christian Mumenthaler, who steps down following a successful eight year tenure as Group CEO.

Singlife Philippines receives US$10.6m funding boost from parent company

April 3 2024

Singlife Philippines secures ₱600m (US$10.6m) from its parent company to fuel digital innovation and market expansion.

Taiwan shaken by strongest earthquake in 25 years

April 3 2024

Magnitude 7.4 earthquake causes damage and disruptions, with tsunami warnings issued and later withdrawn in Japan and The Philippines.

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