News Page 119 / 911
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- October 5 2023
Crop insurance high on agenda for India’s SBI General Insurance
The private equity-backed insurer is prioritising semi-urban and rural markets and remains open to acquisitions and strategic alliances.
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- October 4 2023
Aon to acquire former Indian JV partner Global Insurance Brokers
Upon completion, the broker will transition to Aon’s brand and operating model, under the leadership of Jon Pipe.
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- October 4 2023
Hong Kong braces for more typhoon losses as Koinu heads to city via Taiwan
Southern Taiwan schools and urban areas closed, and over 70 domestic flights cancelled.
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- October 4 2023
GIC Re’s Ramaswamy Narayanan takes charge as chairman and managing director
Narayanan, the former CEO of GIC Re UK, replaces Devesh Srivastava, who completed his four-year tenure on September 30.
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- October 4 2023
Fusion-owner Pop Holdings hires Shannon Murphy as group CIO
Murphy has three decades of experience in senior technology roles, including at AIG, ING and Axis in Asia Pacific.
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- October 4 2023
FM Global expands to Western Australia with Perth office
Anthony Brown has been appointed account manager and Scott Chapman becomes an account engineer for the Perth office.
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- October 3 2023
SMBC Aviation receives US$710m insurance settlement for jets stranded in Russia
The Japanese lessor had commenced litigation in the Irish courts late last year against 11 insurers over its 34 aircraft stuck in Russia following European sanctions.
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- October 3 2023
AIG’s Toni Ferrier to take over as Marsh McLennan New Zealand CEO
Ferrier, who is chief executive of AIG New Zealand, will lead the broking and consulting group's businesses across the country and serve as president of Marsh New Zealand.
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- October 3 2023
Liberty Specialty Markets signs up Axis’ Nicole Lim as Singapore chief executive
Lim will report to Matthew Jackson, the division's head of Asia, and her appointment will be effective from January 2, 2024.
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- October 3 2023
Beazley expands financial lines team in Asia with underwriter hire
Chye Chia Wen has joined the Lloyd's (re)insurer's office in Singapore taking the FL team to six strong.
