News Page 122 / 1219
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- August 1 2025
Markel to divest US$1.2bn global reinsurance renewal rights to US carrier Nationwide
Markel's global reinsurance division will enter run-off with a large number of underwriters moving to Ryan Re, which will be delegated by Nationwide to manage all renewal policies.
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- August 1 2025
FM announces key promotions in ANZ client service team
Melbourne-based Mairead Perkins steps up as vice president and assistant client service manager, while Sydney-based Ben Wyatt takes on the role of vice president and client service manager.
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- August 1 2025
Justin Lim joins Munich Re’s Singapore engineering team as senior underwriter
He joins the German reinsurer from HDI Global SE.
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- August 1 2025
AIG appoints Adrian Walker as head of commercial property and business pack for Australia
Sydney-based Walker joins from Swiss Re CorSo, where he was large commercial property underwriting lead for APAC.
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- August 1 2025
Opinion: After Russia earthquake scare, is Japan’s resurgent nuclear industry really prepared for the ‘Big One’?
8.8-magnitude earthquake which struck off Russia's far eastern coast on Wednesday triggered tsunami warnings across Japan and the wider Pacific region.
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- July 31 2025
Perils expands SCS coverage to Japan, New Zealand
New service will capture SCS industry losses above JPY100bn and NZD300m as of August 1.
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- July 31 2025
IG P&I tightens restrictions on Russian oil shipments as EU, UK reduce price cap
Sanctions include ban on 105 'shadow fleet' vessels and asset freezes on new entities, including Indian refinery Nayara Energy.
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- July 31 2025
Tysers appoints Desmond Cheok as associate director for P&C in Singapore
Cheok previously worked at Sompo International as APAC casualty underwriting leader.
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- July 31 2025
Aon names Rupert Moore APAC reinsurance CEO
Moore, who was UK reinsurance CEO for three years, will relocate to Singapore and will also take over as regional chairman of the broker's strategy and technology group.
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- July 31 2025
BMS boosts Australian financial lines, cyber teams with dual promotions
Brisbane-based Callum McMillan and Pranav Jani have been handed national financial and cyber roles by the specialty broker.
