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News
Willis promotes Will Sare to lead Australia P&C business
15+ hour, 19+ min ago (106+ words) Agreement sees Ageas sell its 30.95% stake to joint venture partner Maybank for US$1.2bn. She has been working at Howden for 10 years, most recently as finance director. She joins Munich Re in Sydney following a strint at the Australian Prudential Regulation…...
Solomon Islands receives US$250,000 under excess rainfall parametric policy
1+ day, 9+ hour ago (125+ words) With its purchase of 2.24 million shares, the sovereign wealth fund has become one of the largest shareholders of the South Korean insurer. He has been with Chubb for almost seven and a half years, having joined as an assistant casualty…...
Back to the reinsurance drawing board? 6 APAC takeaways from Monte Carlo
3+ day, 17+ hour ago (154+ words) Education is the missing link as brokers and insurers must equip businesses with risk knowledge, not just policies, CyberCube's Jon Choi tells InsuranceAsia News. Success of Hong Kong's captives regime will be underpinned by its ability to attract multinational corporations…...
Chubb elevates Hong Kong-based Jeremy Lai to head of cyber, technology practice
4+ day, 8+ hour ago (110+ words) Pandey joins from Edme Insurance Brokers, while Arundas joins from Gallagher. Weiner succeeds Jon Walheim, who is transitioning to become an adviser to CEO Rob Schimek. He joins Willis Re from Conduit Re, the Bermuda-based reinsurer which he co-founded in…...
As cyberattacks surge across Asia, call increases for insurance-led resilience
4+ day, 17+ hour ago (164+ words) Success of Hong Kong's captives regime will be underpinned by its ability to attract multinational corporations to the jurisdiction, the head of corporate risk and broking for Hong Kong and Macau told InsuranceAsia News. Moody’s maintains its stable outlook for…...
Willis Re taps Neil Eckert as CEO
5+ day, 8+ hour ago (111+ words) His association with the Indian-Japanese joint venture dates back to 2001. Cologne-based Posberg brings extensive technical experience, most recently as head of property, construction and energy for Germany. Sydney-based Sun was previously Pacific COO for affinity at Marsh. She succeeds Torben…...
BlackRock | Infrastructure comes of age for insurers
6+ day, 7+ hour ago (335+ words) Infrastructure has evolved from a specialist alternatives allocation into one of the fastest-growing segments¹ of institutional portfolios. Once the preserve of pension funds and sovereign wealth funds, it is increasingly becoming a core strategic allocation for insurers. The infrastructure opportunity has…...
Maybank signs deal to acquire insurer Etiqa from Ageas by Friday
6+ day, 8+ hour ago (142+ words) Ministry of Finance has announced a US$54bn plan to recapitalise the financial system to enhance its capital strength and boost economic growth. James Vlasveld and James Crawford earn promotions to senior underwriters. Japanese insurer has been building out its financial…...
Underwriter Rachel Godden swaps Chubb for cyber MGA Coalition Australia
6+ day, 15+ hour ago (135+ words) James Vlasveld and James Crawford earn promotions to senior underwriters. Japanese insurer has been building out its financial lines team in Hong Kong. He steps up from his role as director of natural resources, a position he has held since…...
Reinsurers dig in on terms, conditions as rate softening looms
1+ week, 17+ hour ago (178+ words) It will be a more flexible marketplace for 2027, offering cedents additional savings with reductions projected in the 10% range. Speaking ahead of Rendez-Vous de Septembre, which starts on Saturday in Monaco, the global head of property says buyers are benefitting from…...