News Page 61 / 1195
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- October 14 2025
MS&AD to put Hawaiian unit DTRIC into run-off
It will continue to administer all active policies, manage claims and meet its contractual and statutory obligations over the next several years.
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- October 14 2025
China’s retaliatory port fees on US-linked vessels adds to maritime disruptions
A US$56 per net ton fee will be charged at Chinese ports from vessels that US flagged, built or are owned or operated by US enterprises, meanwhile, the country has also banned Korean shipbuilder Hanwha Ocean's US subsidiaries in escalating tensions.
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- October 14 2025
Australian court restrains Marsh from pursuing Greensill claims in UK
The 'anti-anti-suit injunction' in the sprawling litigation follows Marsh's claims that Greensill is contractually bound to resolve its disputes in England.
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- October 14 2025
Markel to restructure international operations into 5 divisions
The five new units are Asia-Pacific, Canada, Europe, London Market (comprising marine & energy, PFR & cyber, and specialty) and UK.
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- October 14 2025
Howden acquires Kiwi broker Omni in continuing Pacific expansion
Founded in 2006 by Clinton Alcock and Matthew Thorburn, Omni offers commercial and domestic insurance to 1,800 clients across Auckland and Central North Island.
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- October 13 2025
Steadfast merges underwriting arms to create new specialty MGA Prevail
The broking group combined Mansions, Dawes Motor Insurance and Argis Insurance to form the new underwriting agency, which will be led by CEO David McMurdo.
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- October 13 2025
Allianz Trade promotes Yusuke Hata to regional head of Japan desk for North Asia and Singapore
Hata was previously sales manager for the firm since joining the trade credit insurer in 2022.
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- October 13 2025
Generali Thailand targets half a billion dollars in GWP this year: report
The insurer intends to bank on digital innovation, multi-channel distribution, and the growing demand for health and life insurance to sustain double-digit growth.
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- October 13 2025
Texel Asia expands broking team with double appointment
Jaime Stork joined as an associate director, while Brandon Woo will join as a broker and will report to Angela Chang, managing director of Texel Asia.
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- October 13 2025
China Re-backed broker Huatai partners with BMS Group for marine initiative
The mainland intermediary will coordinate domestic underwriting, while BMS’ specialist arms BankServe and CLP will do international ceding of risks.
