News Page 77 / 1029
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- October 7 2024
Typhoon Krathon’s economic losses likely reach ‘tens of million’ in Taiwan, Philippines
The local government in Taiwan's Keelung city estimated that restoration and rebuilding work related to typhoon Krathon will cause US$14.8m according to local media citing city mayor George Hsieh.
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- October 7 2024
SBI General Insurance names Vivek Mane as head of distribution, agency & broking
With two decades of experience, Mumbai-based Mane was most recently vice president & national manager for agency and retail broking at Liberty General Insurance.
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- October 4 2024
Aviso promotes Moule to group chief broking officer, Bailey to broking CEO
Formerly CEO of Adviso Broking, Jeff Moule has transitioned to the newly created position within the group. David Bailey, a founding principal and current board director, has taken over the role as CEO.
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- October 4 2024
Mahindra Insurance Brokers opens Dubai office to tap MENA reinsurance growth
The expansion allows the reinsurance broker to tap into the Middle East and North Africa market, expand client base and explore new opportunities in the region.
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- October 4 2024
Jerris Fong returns to QBE as head of pricing for Asia
Fong was previously quantitative insights manager based in Sydney before he left the carrier in 2022. In his new role he will relocate to Singapore and report to Jeremy Lau, chief underwriting officer for Asia.
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- October 4 2024
Gallagher India taps ex-Aon veteran Ajit Singh Horra as MD, names four division heads
Horra joined from Aon Global Insurance Brokers where he was senior executive vice president. It also named Puneet Gehani as chief business officer, Dev Bhutani as head-strategy & client management, Saurabh Gupta as head-North region and promoted Hari Kamath to CFO.
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- October 3 2024
Optio Group acquires MGA Circles Group
The acquisition of the MGA that has offices in Hong Kong and Singapore is part of Optio's global expansion strategy.
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- October 3 2024
Zurich Kotak appoints Ajey Hegde to lead its commercial portfolio
Hegde, an industry veteran with over two decades of experience, was executive vice president with Tata AIG General Insurance prior to this move.
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- October 3 2024
Typhoon Krathon makes landfall as Taiwan shuts down for second day
The slow-moving typhoon is expected to cause 'catastrophic damage' as it is likely to have a longer impact on the island as it moves through the populous western plains but it is weakening and is expected to turn into a tropical depression before reaching Taipei.
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- October 3 2024
Australia poised for severe thunderstorms, elevated bushfire risks this spring: Gallagher Re
Unusually high maximum and minimum temperatures will affect the country by at least three times more likely than normal, according to the reinsurance broker's climate outlook report.
