News Page 347 / 1060
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- March 3 2023
Lexasure plans regional (re)insurance expansion after US$250m SPAC deal
The group, which owns broker Acurra International, Front Street Re and the Archipelago Group, is expected to start trading on Nasdaq later this year.
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- March 2 2023
Scor’s combined ratio deteriorates to 113.2%, GWP climbs 4.9% to US$21bn
The French reinsurer's 2023 estimated gross premium income from Asian emerging markets is down to 10% from 12% last year.
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- March 2 2023
Himalayan Re expected to complete US$23m IPO this month: AM Best
The rating agency has placed the Nepalese reinsurer’s rating under review with positive implications due to the proposed listing.
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- March 2 2023
HDI Global grows its Asean presence with Bangkok office
The new regional division will be led by Somchai Trongwisalpattana who joins HDI Global as marketing director.
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- March 2 2023
Nexus appoints Hong Kong general manager and head of marine Asia
Oliver Miloschewsky was most recently client development director at Concirrus.
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- March 1 2023
BMS acquires Sydney broker Armstrong Nisbet
Armstrong Nisbet Insurance Brokers is a construction and engineering specialist that has insured iconic projects such as the Sydney Opera House.
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- March 1 2023
Canopius expands Australia operations with Melbourne office
The new hub will be led by David Mutton who joins the specialty (re)insurer from Axa XL as casualty underwriter, Asia Pacific.
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- March 1 2023
Nathaniel Simpson to step up as Youi’s new CEO
The chief product officer is taking on the role in July to replace Hugo Schreuder who is retiring.
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- March 1 2023
MS&AD CEO’s talks of selling overseas units puts MS Amlin in spotlight
The Japanese giant's chief executive Noriyuki Hara told Nikkei that the firm is considering withdrawal from some five locations where ROE is less than 6%.
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- March 1 2023
Four insurers preparing GBA one-policy motor cover: report
Ping An, China Taiping, Zurich and Asia Insurance are looking to take advantage of a HK/Guangdong travel scheme.
