Howden Tiger announces rebrand to Howden Re & more…Keep up with what has been happening this week in our latest insurance news round-up…

Taiwan’s strongest earthquake in 25 years could drive meaningful loss for local insurance industry

A 7.2 magnitude earthquake struck 18km south of Taiwan’s Hualien city at 8am local time today, driving the strongest tremors to have hit the country in the last 25 years, and given the region’s relatively high levels of insurance penetration it could be a meaningful loss for the local insurance industry.

Howden Tiger announces rebrand to Howden Re

Howden Tiger, the reinsurance division of Howden, is set to undergo a rebranding to Howden Re in April 2024, aligning with the company’s broader strategy to consolidate its broking operations under a unified brand identity.

AXA trains its individual shareholders on the challenges of climate change

AXA has announced the roll-out of its training offer on the challenges of climate change to its individual shareholders, thus confirming its ambition to be a responsible player in society in the face of environmental challenges.

Klaus Wilkens named president and CEO of Munich Re Canada

Munich Re has announced the appointment of Klaus Wilkens as the new president and CEO for Munich Reinsurance Company of Canada and Temple Insurance Company, the reinsurer’s agency affiliate in the country.

New Zealand insurance industry faces growing threat from secondary perils

The year 2023 marked a turning point for the global insurance industry, with insured losses breaching the US$100 billion mark without the push from a singular, catastrophic event, according to Gallagher‘s market update.