News Page 518 / 1349
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- January 22 2024
MPM Insurance to reduce multipurpose credit exposure, focus on motor: Fitch
Fitch Ratings has assigned an insurer rating of 'A+(idn) with a stable outlook to the Indonesian insurer.
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- January 19 2024
Gallagher Australia ropes in Antony Bull as senior adviser for transactional risks
Based in Sydney, Bull joined the company from dispute resolution firm Deutsch Miller.
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- January 19 2024
Minority shareholder in Chubb-backed Huatai Insurance puts US$34m stake up for sale
The seller Lucky Film, an affiliate of state-owned space contractor China Aerospace Science and Tech Corp, will auction its shares on the Beijing exchange.
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- January 19 2024
Marsh hires Chris Varcoe as managing principal for financial and professional lines
Melbourne-based Varcoe joins from Aon, where he was the placement director.
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- January 19 2024
Ryan Specialty expands its Asia M&A offering with a Singapore hire
Lawrence Gregory, who was most recently an associate in the M&A practice group Baker McKenzie Wong & Leow, will report to APAC head Marina Sherer.
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- January 19 2024
Volante’s Steven Harwood joins Fusion Specialty as managing partner in Japan
Tokyo-based Harwood was most recently Asia Pacific at Acrisure-backed specialty MGA Volante.
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- January 18 2024
Non-peak perils source of insurers’ primary portfolio risk: Gallagher Re
Flooding from remnants of typhoon Doksuri in China makes it the costliest weather event of last year, with US$18.5bn in economic losses.
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- January 18 2024
Thailand’s insurance sector to grow to US$28.18bn by 2026: OIC
This would mean a 'significant jump' for the sector from the present US$25.3bn GWP as the industry is recovering from Covid-19 claims.
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- January 18 2024
Canopius to build APAC financial lines capabilities with underwriter hire in Sydney
The specialty (re)insurer has hired Robert Barnum from Axis Capital to establish a professional lines practice in the region.
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- January 18 2024
Exclusive: Crawford Hong Kong set for leadership change as Doron Grossman departs
Crawford's Taiwan country head Zakky Cheng will take on the additional role as Hong Kong head, IAN understands.
