News Page 14 / 1099
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- July 9 2025
Mitsui Sumitomo to acquire Japanese W&I specialist MGA Time Machine
Japanese insurance group MSI will take a majority ownership of the MGA on August 1, and the remaining shares later to make it a 100% subsidiary.
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- July 9 2025
Canopius recruits Gallagher Re’s Micia Yong as APAC head of property and specialty treaty
Yong will be based in Singapore and and report directly to APAC and MENA CEO Soon Keen Lee.
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- July 9 2025
Sedgwick appoints Muhammad Andriansyah as head of energy in Indonesia
Jakarta-based Andriansyah was most recently senior manager for energy and natural resources at Charles Taylor.
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- July 8 2025
Great Eastern minority shareholders reject majority owner OCBC’s take-private offer
Shareholders have approved amendments to the constitution and bonus issue as a pathway to resume trading of the insurer's shares.
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- July 8 2025
Howden expands Pacific footprint with acquisition of Kiwi broker Sherpa
Acquisition of the Christchurch-based broker will complement and strengthen Howden’s combined broking business in New Zealand.
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- July 8 2025
India mandates Ace Insurance Brokers to study feasibility of local P&I club setup: report
The move comes two years after finance ministry flagged the need for establishing a full-fledged, India-owned P&I entity.
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- July 8 2025
MSIG Malaysia CEO Chua Seck Guan retires after 15 years at helm; Ang Yien Chia named successor
Chua will continue to serve in a senior advisory capacity, helping to maintain continuity across strategic initiatives and key stakeholder relationships.
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- July 8 2025
Marsh Indonesia promotes Jason Mandera to president director following Douglas Ure’s departure
Jarkata-based Mandera, has been with broker for about 16 years, and was most recently head of specialty and placement.
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- July 8 2025
Cambiaso Risso expands to Hong Kong, eyes Philippines entry
Italian marine broker's new office in the SAR will be led by Swedish Club's Lars Malm and service the greater China region.
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- July 7 2025
Swedish Club appoints Julia Ju as chief executive of Hong Kong branch as Lars Malm departs
The P&I club has also appointed Jason Wu as regional director for underwriting in greater China.
