SCOR has appointed Ms Chloe Wang as head of SCOR L&H APAC. This newly created role was formed by combining L&H fast growth markets APAC and L&H mature markets APAC.
Aviva Investors has appointed Mr Denis Resovac as head of insurance solutions sales. In this newly created role, he will be responsible for leading the development of investment solutions for Aviva Investors' insurer clients across APAC.
Oliver Wyman has appointed Mr Paul Ricard as head of insurance and asset management. In his new role, he will be responsible for driving the growth of Oliver Wyman's insurance and asset management practice in the region, leading development of client accounts and ensuring the business is effectively serving the needs of the region.
New research from the Natural Hazards Commission (NHC) reveals many New Zealand homeowners don't fully understand what their natural hazards insurance would cover after an event.
Two-thirds (65%) of New Zealanders say they want to see more focus and resource put into reducing the impacts of climate-related hazards, according to a report by IAG New Zealand.
Markel has appointed Ms Alvernia Xu as head of operations - APAC; Ms Anna Tan as senior underwriter, fine art and specie; Ms Isabelle Wong as cargo underwriter; Ms Jenny Choi as senior underwriter, casualty and Ms Olga Wong as senior underwriter, professional financial risk.
Resolution Life Australasia's has reported a net loss of A$151m ($98.27m) in 2023 (2022: profit of A$310m) under the new accounting standard, IFRS17, notes Fitch Ratings.
Some 96% of all private insurance claims from the Auckland Anniversary weekend and Cyclone Gabrielle weather events have been fully settled by insurers, 16 months after two of New Zealand's most costly natural disasters, says the Insurance Council of New Zealand (ICNZ).
Beazley has appointed Ms Jessica Schappell as head of APAC. She takes over from Mr Lucien Mounier, who was recently appointed head of Europe, cyber risks.
Composite insurance rates in the Pacific region, comprising mainly the Australian market, declined by 5% in the second quarter of 2024, after falling by 2% in 1Q2024, according to the "Global Insurance Market Index" published by the world's biggest insurance broking group Marsh.