IAG forks out US$24m in compensation for underpaid staff
April 5 2024 by Heather Ng-
BHSI elevates Sharkey, Veanes to D&O managers for Northern and Southern Australia
- July 25
Before their promotions, Sydney-based Michael Sharkey was underwriting manager for commercial lines while Hayden Veanes was underwriting manager for executive and professional lines.
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PSC Insurance acquires specialist broking group Sherpa Insurance
- July 25
With US$3.9bn in sales, Sherpa Insurance has joined PSC as part of its Sydney branch following the acquisition.
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Exclusive: Hannover Re names Blake Dimitrijevic Australia MD as Michael Eberhardt heads to Bermuda
- July 25
Dimitrijevic, who joins from Guy Carpenter, will succeed Eberhardt who is set to take charge as managing director and chief underwriting officer for Hannover Re Bermuda.
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Asia insurance rates decline 3% in Q2 led by finpro and cyber lines: Marsh
- July 24
Rates drop for the second-straight quarter and widened from the 2% drop recorded in the first quarter. Led by D&O, finpro lines had the highest decline at 9%, while cyber rates declined by 6%.