Financial lines

HDI Global Specialty appoints Richard Upton as Head of Financial Lines for New Zealand

April 30 2024

Upton moves following nearly 10 years at Zurich NZ, most recently as Financial Lines & Casualty Underwriting Manager.

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.

singapore-smes-showing-a-decline-in-cyber-risk-awareness

Cyber risk awareness and protection levels fall among Singapore SMEs in past year

April 26 2024

QBE survey reveals a decline in cyber awareness and protection among Singaporean SMEs, contrasting with Hong Kong's rising vigilance.

2024 global elections stir concern among Singaporean business leaders: Beazley

April 25 2024

2024 Geopolitical Risk Snapshot reveals 82% of Singaporean business leaders fear global elections will impact their ability to trade internationally.

marsh-reports-10-decline-in-pacific-financial-lines-rates-in-first-quarter

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.

TSMC estimates US$92.44m loss from Hualien earthquake

April 20 2024

Lack of structural damage at world's largest semiconductor manufacturer helps minimise BI losses.

axa-xl-announces-new-asia-underwriting-manager-for-political-risk-credit-amp-bond

AXA XL announces new Underwriting Manager for Political Risk, Credit & Bond

April 19 2024

Singapore-based Hullah joins from MUFG where he was Director, Credit Strategy.

Cyber specialist CFC acquires MGA Solution Underwriting

April 18 2024

CFC expands Australian footprint with latest acquisition.

Ryan Thomas returns to AIG as Head of Financial Lines for APAC

April 17 2024

Thomas returns to AIG After 16 years away, including the last nine at BHSI.

Everest appoints David Ho as Head of Financial Lines for Asia

April 17 2024

Ho joins Everest following twenty years with AIG.

Hannover Re sponsors first-ever cloud outage cat bond

April 16 2024

US$13.75m Cumulus Re is modelled by Parametrix and uses a parametric trigger to protect Hannover Re against cloud outage loss accumulation in its cyber portfolio.

Marz Psut joins Berkley Insurance Australia as Senior Partner Solutions Underwriter

April 12 2024

Psut joins the Senior Partner Solutions team, bringing with her a rich background in general liability.

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