News Page 248 / 1316
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- June 6 2025
BP Marsh folds Australian construction specialist MGA Sterling into ATC
UK PE firm BP Marsh will hold 27% of the combined entity following the transaction.
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- June 6 2025
WTW appoints Amarpal Singh as cyber leader in India
Delhi-based Singh has also been named as north leader within the financial and executive risks (finex) division at Willis.
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- June 6 2025
OCBC offers US$700m for remaining stake in Great Eastern, carrier’s shareholders to vote
Bank offers Singaporean carrier SG$30.15 per share, potentially increasing its value to US$11bn, to support its proposal to seek a delisting of shares.
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- June 6 2025
Chubb promotes Doug White to senior vice president, Asia Pacific
Hong Kong-based White will focus on strategic projects, provide mentorship to the P&C team, and contribute to the carrier's country boards across the region.
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- June 5 2025
RGA concludes block reinsurance policies for Tokio Marine’s life arm
Reinsurance of whole life policies with Anshin Life follows a US$700m reinsurance block transaction completed in 2024.
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- June 5 2025
Australian insurers faced with US$1.9bn bill after triple whammy: JBA
February's north Queensland floods, ex-Tropical Cyclone Alfred, and the ongoing Mid North Coast and Hunter Regions floods in New South Wales have caused widespread damage.
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- June 5 2025
Resolution Life closes US$1bn Hong Kong block reinsurance deal
The first deal for the reinsurer in Hong Kong covers an in-force portfolio of participating whole life and annuity policies.
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- June 5 2025
QBE appoints Sebastian Tjornelund as interim head of marine for Asia
Tjornelund succeeds Rama Chandran, who is leaving to head specialty MGA Rokstone's new office in Singapore.
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- June 5 2025
US port fees present ‘significant challenges’, says Skuld, as owners, charterers eye calm waters
China service fees are generating confusion in the maritime industry, particularly regarding the definition of vessel operators and the responsibilities of various parties involved in charter agreements, according to the P&I club.
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- June 5 2025
Specialty MGA Rokstone drops anchor in Singapore with QBE’s Rama Chandran at helm
Backed by a multi-year, US$25m Lloyd’s capacity, the London-based (re)insurer's Asian business is expected to underwrite all marine classes.
