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- December 2 2024
Edme Insurance Brokers promotes Saurav Guha Maulik to director, private equity and M&A services
Maulik was most recently director and business lead for private equity, M&A and structured credit lines with the broker.
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- December 2 2024
KRM Reinsurance Brokers elevates Leonard Carreon as assistant vice president
Manila-based Carreon has been with the broker since October 2019, most recently serving in the role of senior manager.
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- December 2 2024
Agile continues ANZ buildout with Jamie Connor promotion
Connor's promotion to head of aviation for Australia and New Zealand aligns with the MGA's strategy to strengthen its position in the region since entering the NZ market in August.
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- December 2 2024
Thomas Miller expands energy MGA Navata to Singapore
The new operation will be led by senior underwriter Mark Nunn and focus on a diverse range of renewable energy, power, upstream oil and gas and offshore marine hull and equipment risks across the Asia Pacific region.
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- December 2 2024
Tokio Marine puts Korean reinsurance business in run-off as part of strategic shift
Despite this retreat, the company says it remains focused on pursuing bolt-on acquisitions that align with its overseas growth goals.
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- December 2 2024
Exclusive: Axis Capital’s Georgina Furness-Smith joins TMK Singapore as cyber underwriter
Furness-Smith, who relocates from London for her new role, was most recently senior underwriter at Axis Capital.
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- December 2 2024
Circles expands Asia operations and claims team with Zurich hire
Julie Quach joins the specialty MGA as regional head of operations and claims in Hong Kong and will oversee all operational aspects in the region, excluding underwriting.
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- December 2 2024
PSC’s David Hosking to succeed Michael Tuffy as Australia’s Ivory Insurance CEO
Tuffy has resigned to pursue additional board roles but will stay involved in an advisory capacity in the immediate term to ensure a smooth transition.
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- December 2 2024
Thermal runaway, manufacturing defects the most overlooked risks for lithium-ion batteries: QBE
Businesses should work with relevant stakeholders to mitigate disruption risks through robust supply chain management and compliance strategies, the carrier said in the latest report.
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- November 29 2024
Sompo hires Zurich veteran to head APAC multinational business
Liu was most recently head of middle-market and international programs at Zurich.
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- November 29 2024
UK P&I Club promotes Richard Offord to Singapore branch chief executive
Offord will replace Yiah Soon Ng, who will retire after leading the Singapore office for more than 27 years.
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- November 29 2024
Sedgwick’s Stephen Kerr to take over from Veronica Grigg as Asia CEO
Singapore-based Kerr was Asia chief operating officer for the loss adjuster.
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- November 29 2024
Specialty, casualty pricing needs tangible change: Lloyd’s Neal
Underwriting discipline, global scale to help industry respond to emerging risk, the CEO said speaking to the London market.
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- November 28 2024
White Oak accuses Marsh of ‘fraudulent misrepresentation’ in Greensill case: report
The US investment firm has escalated its claims against Marsh in London lawsuit based on emails and phone call records showing the broker's executives appear to have privately expressed alarm about growing issues with the authority of BCC.
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- November 28 2024
Aon expands Asia natural resources team with BHP hire
In his new role, Gareth Ho will service the broker's existing energy and mining clients and support growth in the region.
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- November 28 2024
Taiwan’s CTBC Insurance to improve financials driven by personal lines, investment performance: AM Best
AM Best has assigned an insurer rating of B++ (good) with a stable outlook for the company.
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- November 28 2024
Malaysian Re’s focus on volatility of non-voluntary cession, overseas businesses key to underwriting performance stability: Fitch
The rating agency affirmed Malaysian Re’s insurer financial strength rating at 'A' (strong) with a stable outlook, reflecting its 'moderate' company profile and 'very strong' capitalisation.
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- November 28 2024
Australian carriers call for fee transparency, better land use planning to address strata affordability
The Insurance Council of Australia has made 17 recommendations in a policy paper released to help improve outcomes for consumers in strata complexes.
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- November 28 2024
Kamel Tlili takes over as TT Club’s Singapore chief executive as Yiah Soon Ng retires
Tlili, who joined the insurer as regional general manager for Asia Pacific 12 months ago, has taken on the additional responsibility.
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- November 28 2024
Tower reports strong underwriting gains, COR falls to 79% amidst no major events
The New Zealand insurer's turnaround was primarily due to no large cats in the financial year, driving its NPAT to US$49m up from US$4m a year ago.