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- November 20 2024
Japan’s big three post US$8bn windfall from strategic holdings unwind
The major insurance groups also showed significant improvements in H1 CORs as they benefitted from benign loss environment at home and overseas and robust premium growth.
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- November 19 2024
Agile launches Lloyd’s-backed property offering in Australia
The MGA has hired Ellie Chen as property underwriter and will offer US$6.5 million coverage for industries like agriculture, retail, and healthcare.
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- November 18 2024
ICICI Lombard’s Alok Agarwal to take charge as Zurich Kotak managing director & CEO
Mumbai-based Agarwal will replace Suresh Agarwal who will be transitioning to a new role within Zurich Insurance Group.
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- November 18 2024
PCRIC secures US$2.6m grant from Global Shield Solutions Platform
The funding from the climate change-focused multi-donor grant facility will be used to support product, development, research, education and eventually, scholarships.
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- November 18 2024
Exclusive: Hannover Re appoints Avijit Ghosh as India CEO amid leadership reshuffle
Ghosh, who was CUO, will replace GLN Sarma, meanwhile, special project manager for the reinsurer's India branch Christian Schoen will relocate to China, IAN understands.
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- November 15 2024
QBE’s Gordon Wong joins MSIG Hong Kong as senior vice president
In his new role, Wong will drive all intermediate business and oversee the growth of broker, agency and Macau channels.
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- November 15 2024
US exposures, climate change, pricing challenges weigh on APAC casualty underwriters
The casualty market faces challenges in predicting risks due to global interconnectedness and emerging threats like PFAS and cyber.
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- November 14 2024
Envest acquires majority stake in Bendigo Insurance Brokers
The merger will add the broker to the network of Aviso Group and will bring the combined GWP up to US$616.4bn with the addition of the broker's US$13.3mn of gross written premium.
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- November 13 2024
Maybank considering options for Ageas’ minority stake in Etiqa: report
The Malaysian bank may look to replace the Belgian insurer with another minority investor or buy out its minority stake.
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- November 13 2024
Specialty carriers swoop for APAC’s emerging A&H opportunity
The market is seeing an uptick in demand and rate correction in the region due to economic growth, demographic trends and inadequate public healthcare.
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- November 12 2024
Howden expands in Hong Kong with Storfield acquisition
The SAR-based broker has a specialist focus on bloodstock, fine art, luxury vehicle and yacht insurance.
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- November 12 2024
Amit Ganorkar returns to Tata AIG as managing director and CEO
Ganorkar, who was previously the chief operating officer of the Indian insurer, takes over from Neelesh Garg, who resigned last month.
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- November 11 2024
London Australia Underwriting appoints head of new wholesale division
Sydney-based Holly Blower will head the new division, which will complement the MGA's extensive binder business to assist with hard to place opportunities.
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- November 11 2024
Chubb promotes Conrad Gordon to South Asia property manager
Gordon, who was previously property manager covering Victoria and Tasmania, will relocate from Melbourne to Singapore for his new role.
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- November 8 2024
Swiss Re CorSo names Robert Hunziker interim APAC CEO as Jonathan Rake promoted to global role
Rake, who has been the insurer's regional chief executive from 2017, will take charge as CEO fo Swiss Re reinsurance solutions from January 1.
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- November 8 2024
Marsh’s Dennis Dalati joins Gallagher as APAC head of claims
Dalati has relocated from Singapore to Australia and oversees claims management across Australia and Asia for the broker.
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- November 8 2024
Suncorp’s Vero Insurance expands into specialty lines
The first product to be launched will be high hazard property, which will focus more on businesses with more complex risk profiles rather than those exposed to higher natural hazard losses.
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- November 7 2024
Steadfast expands into London market with US$30m Lloyd’s broker HW Wood buy
The acquisition, which is expected to be completed on December 2, gives the Australian group full ownership of the target, including its operations in France and Greece.
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- November 7 2024
PCRIC, WTW renew Pacific islands reinsurance portfolio
The Pacific Islands captive has developed new policy designs with the support from WTW’s disaster risk finance and alternative risk transfer teams.
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- November 6 2024
Liberty Specialty Markets’ Alison Campbell joins Berkley Insurance Australia as underwriter
In her new role, Brisbane-based Campbell will write general liability and financial lines of business for the carrier.
