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Australia: CHU dives into ARPC's Cyclone Reinsurance Pool
June 1 2023
CHU's strata and build-to-rent portfolios will enter the pool in July, with more to follow by the end of the year.
Gallagher Re poach Jia Lou from Guy Carpenter as CEO, Mainland China & Hong Kong
June 1 2023
Gallagher Re also announced that Alex Xia will be joining the group as Head of Beijing.
Q1 sees Hong Kong's P&C profits slump 40% as motor underwriting crashes
May 31 2023
Despite gross premiums remaining steady, underwriting profit dropped to HK$485m in the first quarter.
Prudential announces UK CFO exit after conduct investigation | Hong Kong-based Bulmer named as replacement
May 31 2023
Ben Bulmer will take on the position of CFO after James Turner resigned following "an investigation into a Code of Conduct issue".
Lexasure and AgriG8 to partner on agricultural insurance solution for Indonesian rice farmers
May 31 2023
AgriG8's technology could help lower costs and reduce risks associated with Lexasure's mobile-first insurance offering.
FWD conclude search for new CFO with the appointment of Sid Sankaran
May 31 2023
The group have been looking for a suitable replacement to current CFO Jon Nielsen, who is pursuing a career opportunity in North America.
Fifth time's a charm?: Korea Development Bank once again attempts to sell KDB Life Insurance
May 31 2023
Samil PWC is understood to have received letters of intent from at least two PE firms for a deal expected to be below 200 billion won.
Manulife Singapore launches "Manulife Pro" for top performers, which includes access to dedicated underwriting team
May 30 2023
Manulife has described the programme as offering more than just recognition, with privileged access to exclusive resources and tools.
Another day, another exit: Japan's MS&AD and Tokio Marine joins NZIA exodus
May 30 2023
Their departures make it three from three big Japanese insurers who have left the climate Alliance, after Sompo withdrew last week.
Australia's Catholic Church Insurance to enter liquidation
May 30 2023
CCI is one of Australia's oldest insurers, but has been on the brink of collapse amid a rise in abuse claims.
Australia's P&C industry sees AU$78m underwriting loss in Q1 after spike in net incurred claims
May 30 2023
Despite the loss, Aussie P&C insurers saw an overall net profit of AU$1.1bn thanks to markedly improved investment income.
Hong Kong's IA issues 18 month ban on insurance agent who forged client's signature
May 29 2023
The agent created two forged letters in an effort to rectify an incorrect receipt she had issued.
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