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Casualty
Asia's financial lines rates drop 9% in Q2, commercial rates decline 3% overall
July 24 2024
New data from Marsh shows a second quarter of falling commercial composite rates, with global rates stalling for the first time since Q3 2017.
Pacific financial lines rates drop 12% in Q2 2024: Marsh
July 24 2024
Financial lines fell for the fifth consecutive quarter, with commercial property rates declining for the first time since Q4 2016.
AXA XL expands Australian team with appointments of Kaur and Anthony
July 12 2024
(Re)insurer appoints Sugra Kaur as Senior Underwriter, Casualty and Rhys Anthony as Senior Claims Specialist, Property.
Noel MacCarthy retires after 25 years with Liberty Mutual
July 10 2024
McCarthy was one of Liberty's first employees in APAC and signficantly shaped the company's casualty insurance business in the region.
Andy Covel joins AXA XL as Senior Underwriter, Casualty Australia
June 18 2024
Covel joins AXA XL after over nine years at Allianz Australia.
Asia's commercial insurance rates see first decline in six years
April 29 2024
In Q1, Asia's commercial insurance rates fell 2%, according to data from Marsh.
Marsh reports 10% rate decline in Pacific financial lines in Q1
April 24 2024
In the first quarter of 2024, commercial insurance rates in the Pacific region fell by 2%, while financial and professional lines declined for the fourth consecutive quarter.
Markel strengthens Indian market presence with appointment of Priyanka Gautama as CUO
April 16 2024
Gautama is tasked with strengthening Markel's offering in the country, including the development of a new casualty portfolio.
Arch Insurance Australia promotes Carmen Tung
April 15 2024
Tung has been promoted to to Southern Region Underwriting Manager, Casualty.
Hong Kong's CMB Wing Lung Insurance has ratings affirmed amid strategic shifts
April 9 2024
AM Best affirms 'Excellent' ratings, following 2022 insurance portfolio acquisition and 2023 capital injection.
Sun Hung Kai's insurance ratings affirmed as de-risking of bond exposure improves financial resilience
March 26 2024
Sun Hung Kai Properties Insurance's 'Excellent' ratings underscored by robust financial health and low acquisition cost business model.
AXA XL names Chris Cheng as Head of Casualty Hong Kong
February 19 2024
Cheng joins AXA XL to take on the new role after nearly 13 years with AIG.
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