News Page 233 / 1314
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- July 2 2025
As ‘bomb cyclone’ hits Australia’s NSW, 2025 losses top US$1.2bn
Coastal low weather system has led to damaging wind and heavy rainfall since Tuesday.
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- July 2 2025
South Korea’s DB Insurance leading the race for US insurer Fortegra: reports
The approximately US$1.5 billion deal for the Florida-based specialty insurer is expected to be finalised by August.
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- July 2 2025
WTW elevates Mark Thompson as regional construction director for Asia
Thompson will be based in Hong Kong, having recently relocated from Sydney, where he previously held the role of broking director for construction across the Pacific region.
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- July 2 2025
Markel targets Malaysia expansion with new country head
The Lloyd’s carrier has hired Jasminder Kaur from MP Honan Insurance Brokers to establish and grow underwriting capability in Kuala Lumpur.
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- July 2 2025
Tysers takes Marsh’s Graham Gordon as marine divisional director in Singapore
Gordon will report to the AUB-owned specialist broker's APAC head of marine, William Furness-Smith.
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- July 2 2025
Korea mulls restarting MG Non-Life sale process, but will persist with liquidation process: reports
KDIC said it has reached agreement with insurer's labour union to pursue both the transfer of insurance contracts to five non-life insurers and the sale.
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- July 2 2025
QBE Asia amps up wholesale team with 2 senior leadership appointments
Wholesale insurer has named Hong Kong-based Cynthia Huang head of Taiwan and Greater China desk (facultative reinsurance) and Singapore-based Young Jun Lee as head of wholesale Asia, construction and engineering.
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- July 1 2025
Ben MacCarthy returns to Marsh as insurer consulting group leader for Asia
Singapore-based MacCarthy joins from WTW, where he worked for almost four years, most recently as head of casualty for Asia.
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- July 1 2025
IRDAI chairman race gets new entrant as process drags on: report
India’s financial services secretary Maddirala Nagaraju is the new name being considered as the post lies vacant since March 2025, holding up key reforms at a crucial time for the industry
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- July 1 2025
GIC Re hands Asta its Lloyd’s syndicate’s managing agency services
The agreement with the Davies-backed managing agency relates to the open and prior years of the Indian reinsurer's GIC syndicate 1947.
