Asia insurance rates decline 3% in Q2 led by finpro and cyber lines: Marsh
July 24 2024 by Heather Ng
MORE FROM: Financial Lines
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Pacific insurance rates decline 5% led by finpro, cyber and property lines: Marsh
- July 24
Casualty was the only line that saw a slight increase with the rates going 1% up, however, the lowest in many years, as capacity and competition increased from new and existing markets.
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WTW promotes Steven Torresan to APAC head of M&A practice
- July 23
Sydney-based Torresan will work closely with Guy Miller and Andrew Stubbings, who will assume joint responsibility to co-head the M&A Australasia business in WTW’s financial & executive risks team.
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Berkley Insurance Asia promotes Hank Yeo to financial lines senior underwriter
- July 12
Singapore-based Yeo has been with the insurer since 2020, focusing on directors and officers liability, professional liability, and investment management insurance.
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Australian MGA Artisan Underwriting partners with Liberty Specialty Markets on finpro cover
- July 8
The MGA, set to launch in August, has signed a three-year binding agreement with the specialty insurer to provide financial lines cover for start-ups and SMEs.
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