News Page 28 / 1002
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- November 14 2024
Envest acquires majority stake in Bendigo Insurance Brokers
The merger will add the broker to the network of Aviso Group and will bring the combined GWP up to US$616.4bn with the addition of the broker's US$13.3mn of gross written premium.
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- November 14 2024
New Zealand set to adopt modernised insurance law as bill passes third parliamentary reading
The legislation will help protect consumers and provide certainty for insurers, ICNZ said welcoming the legislation.
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- November 14 2024
Edme Insurance Brokers brings on board Nochiketa Dixit as managing director
Mumbai-based Dixit will manage retail, BFSI, IT/ITES, structured credit and affinity for the broker.
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- November 14 2024
PARIMA Taipei gathering to explore Asian response to global risks
The conference, which will draw risk managers from around the region, will tackle contemporary challenges faced by businesses, societies, and governments emphasising the need for collaboration and preparedness.
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- November 14 2024
HDI Global expands environmental liability insurance to international markets
HDI Global will add social and governance coverage to the line currently available in Italy, Spain and Portugal, responding to increased regulatory pressures and ESG risk development.
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- November 14 2024
Singapore blocked Income-Allianz deal over US$1.4bn ‘capital extraction’ plan
The proposed plan is “very different in both its nature and quantum” and “does not align with the representations NTUC Income made” to the government, MAS chairman said.
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- November 13 2024
Edme Insurance Brokers names Sanjay Radhakrishnan as CEO
Mumbai-based Radhakrishnan has been a founding member of Edme since its establishment following the sale of Aditya Birla Insurance Brokers to private equity firm Samara Capital Group.
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- November 13 2024
Maybank considering options for Ageas’ minority stake in Etiqa: report
The Malaysian bank may look to replace the Belgian insurer with another minority investor or buy out its minority stake.
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- November 13 2024
Specialty carriers swoop for APAC’s emerging A&H opportunity
The market is seeing an uptick in demand and rate correction in the region due to economic growth, demographic trends and inadequate public healthcare.
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- November 12 2024
New Zealand central bank warns Quest Insurance over non-compliance
Quest has acknowledged and remedied the breaches of its obligations and is in the process of implementing further risk management measure, RBNZ said.
