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Jonathan Ng joins Chaucer as Class Underwriter for political risk

November 22 2024

Ng joins from AXA XL where he was an underwriter for political risk, and credit and bond.

Seoul Guarantee Insurance experiencing rise in COR, but normalisation anticipated in 2025: Fitch

November 21 2024

Economic conditions have impacted SGI's underwriting performance, but strong investment has provided stability.

Rokstone and Lloyd’s Syndicate 3939 launch US$10m nat cat parametric facility

November 21 2024

MGA and NormanMax partner on global fac and treaty solutions for earthquake, hurricane, cyclone, and typhoon, with flood expected in 2025.

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North Standard P&I to raise premiums 5% for 2025/26

November 20 2024

Premium increase coincides with forecasted net combined ratio exceeding 110%, driven by rising large claims and global trade pressures.

WestBridge Capital forms alliance with former Tata AIG CEO for new joint venture: reports

November 20 2024

General insurance JV will reportedly target India's health and motor segtmen, while using AI for its services.

Diversification concerns slow cyber ILS market development

November 20 2024

Unlike nat cat risk, cyber perils could have an impact on the broader financial sector, potentially even depressing affected firm’s stock prices.

Vanessa Yeo elevated to Head of Casualty at AIG Singapore

November 19 2024

Yeo joined the company in 2023 and was serving as Casualty Lead, Broker Distribution Channel.

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Generali GC&C names Nicholas Selff as Head of Underwriting for Asia

November 19 2024

Selff joins the Corporate & Commercial team from Chubb, where he was Head of P&C for Malaysia.

Pacific Catastrophe Risk Insurance Company secures US$2.6m grant at COP 29

November 18 2024

GSSP grant aims to enhance product development and improve research and education around climate resilience in the Pacific Islands.

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Taiwan bans ships insured by four firms over unresolved liability issues

November 18 2024

Maritime and Port Bureau says ships insured by Ascent General, Edinburgharian PANDI, Polaris, and Arsenal Insurance will be banned from entering seaports from 24 November.

Gordon Wong rejoins MSIG as SVP of Hong Kong Intermediaries

November 18 2024

Wong carries nearly two decades of experience in the insurance industry to his new role.

lic-planned-health-insurance-entry-could-reshape-market-dynamics-globaldata

LIC’s planned health insurance entry could reshape market dynamics: GlobalData

November 18 2024

LIC aims to leverage its vast customer base to capitalise on India's fastest growing segment.

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