News Page 57 / 1059
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- January 24 2025
Seoul Guarantee revives listing plan, files for up to US$155m IPO
The Korean surety and credit insurer plans to list in March and its parent KDIC will sell a 10% stake.
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- January 24 2025
Axa XL, Lockton, WTW, Tower: 10 APAC insurance people moves of the week
Aon, AIG, Price Forbes, MSIG Thailand, Crawford and Zurich Kotak also made personnel changes over the last week.
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- January 24 2025
AIG names Mark Chen as head of marine for Taiwan
Appointment is in addition to his current portfolio as head of client and broker engagement.
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- January 24 2025
MSIG Asia and RiskPoint expand into renewable energy for APAC
The Monetary Authority of Singapore has approved RiskPoint as MSIG Singapore’s MGA for the line of business.
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- January 23 2025
Aon launches India life and health reinsurance practice, appoints Renuka Nar as head
Broker also appoints Neha Shah as the practice’s chief actuary.
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- January 23 2025
Gard expands Japan product portfolio with marine & energy risks
The P&I club will offer hull and machinery, war risk and loss of hire covers as well as builders’ risk to shipyards and offshore wind risk.
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- January 23 2025
Zurich Kotak appoints Nimesh Jayanti Kanabar as CRO
Industry veteran joins firm from domestic peer Zuno General Insurance.
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- January 23 2025
Tower names Paul Johnston as interim CEO
Johnston, who was most recently CFO for the New Zealand carrier, will succeed incumbent CEO Blair Turnbull effective from February 13.
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- January 23 2025
Indian shipping regulator allows Russian insurer Soglasie to offer P&I cover
The Directorate General of Shipping has also extended approval for Russian insurers Sogaz Insurance, Alfastrakhovanie, and VSK Insurance to cover vessels entering India ports till 2030.
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- January 23 2025
Australia opens applications for US$125m disaster mitigation grant
Third round of Disaster Ready Fund focuses on large-scale infrastructure that will deliver disaster risk mitigation, resilience and safety benefits and put downward pressure on insurance costs.