IG P&I tightens restrictions on Russian oil shipments as EU, UK reduce price cap

Chubb promotes Brian Hogan to A&H head for ANZ

He brings 20 years of insurance experience, including over 14 years with Chubb across Europe, the Middle East, and Asia Pacific.

Vietnam insurers poised for further growth despite climate, reinsurance pressures: AM Best

Ratings agency, while maintaining a stable outlook for the sector, said trade uncertainty and slower economies in key export markets could dampen commercial insurance demand.

Rising losses in benign cat year point to ‘background noise’ of climate change: Munich Re’s Tobias Grimm

APAC events highlight unpredictability of catastrophes, resulting in unprecedented amounts of rainfall, storms, wildfires and earthquakes in areas that have never experienced them, says the reinsurer’s top climate expert.

Chubb pays US$321m for Liberty Mutual’s Thailand arm

The acquisition of LMG Insurance was completed on April 1, with recognised goodwill of US$183m and intangible assets of US$57m, the insurer said in a stock exchange filing.