Industry Segments: Specialty Page 1 / 17
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- January 22 2025
First for Vietnam as Circles Group, Bao Minh Insurance offer film, event solutions
MGA will provide A-rated capacity, products and underwriting, while the Vietnamese insurer will offer distribution and local regulatory paper.
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- January 22 2025
Exclusive: Axa XL Asia set for leadership change as Gilles Fromageot joins international markets team
Fromageot will head Morocco and the CIMA region for the insurer and will be based in Morocco, InsuranceAsia News (IAN) understands.
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- January 20 2025
Swiss Re CorSo bets on international programs, ART to differentiate: Ivan Gonzalez
CEO says insurer plans to increase premiums from the two businesses to more than 25% of its GWP in three years from 19%.
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- January 15 2025
Markel promotes Wanshi Lin to head of Singapore
Lin will oversee the local underwriting team and spearhead business planning and market engagement on the carrier's Lloyd's platform in the newly created role.
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- January 6 2025
Lockton taps Price Forbes’ Christina Ong as Asia executive director
Singapore-based Ong will help strengthen specialty offerings in the region, the broker said.
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- January 6 2025
Carbon projects a global opportunity for insurers, but grey area remains
As the market grows, particularly in Asia, insurers have been quick to step into the sector, but there is a need for greater experience.
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- January 3 2025
Hong Kong-based MGA Hawkes Bay Underwriting resumes status as Lloyd’s coverholder
Resumption will enhance marine capacity to US$10 million, chief operating officer and head of marine specialty Manson Ma says.
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- December 20 2024
BHSI appoints Cheryl Tan as head of marine claims, Asia Middle East
Industry veteran Tan had earlier worked with Canopius Group, Swiss Re and Catlin Singapore in various roles.
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- December 16 2024
BMS New Zealand continues North Island expansion with appointment of Dan Ackroyd
Auckland-based Ackroyd, who has joined the firm as an executive broker, will work alongside recently hired director Nathan Richmond and executive broker Tim Emms.
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- December 9 2024
Pricing, deductibles and wordings under pressure in Australian financial lines market
The integration of cyber with financial institutions products hold up the rates because there aren't many markets offering this solution, says IQUW’s Tristram Prior.
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- December 4 2024
CFC’s Luke Blayney joins Fusion Specialty as senior partner for APAC
Blayney, who was most recently transaction liability senior underwriter with CFC in London, has relocated to Sydney for the role.
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- December 3 2024
Asia Pacific fastest growing market for cyber insurance: S&P Global
APAC 2019-2023 GWP growth was at 68% for the primary market and 69% for reinsurance compared with 38% and 56% globally, respectively.
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- December 2 2024
Edme Insurance Brokers promotes Saurav Guha Maulik to director, private equity and M&A services
Maulik was most recently director and business lead for private equity, M&A and structured credit lines with the broker.
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- November 27 2024
India’s Edme continues team buildout with ex-Coface CEO
Mumbai-based Bhavesh Patel joins the broker as executive director, corporate business of financial and credit specialty.
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- November 25 2024
Edme Insurance Brokers continues hiring spree with Vishwajeet Kadam appointment
Mumbai-based Kadam joins the firm from Marsh and will take the role of director-financial and credit specialty.
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- November 8 2024
Suncorp’s Vero Insurance expands into specialty lines
The first product to be launched will be high hazard property, which will focus more on businesses with more complex risk profiles rather than those exposed to higher natural hazard losses.
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- November 4 2024
Liberty Mutual names APAC head of claims for international insurance business amid regional leadership reshuffle
The carrier has expanded its recently formed commercial and specialty (re)insurance team with the appointment of Robert Mercer, who is succeeding Carlos Alberto Martinez who will retire by the end of the year.
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- November 1 2024
Canopius’ APAC expansion builds around specialty lines demand
The priority for Canopius is to maintain disciplined growth in the specialty lines where it has a differentiated offering, like energy, marine, agriculture treaty, and structured credit, says regional chief executive SK Lee.
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- November 1 2024
Specialty growth, Australia, Dubai operations fire up Markel’s APAC growth
The Lloyd’s player, set to grow premiums by 40% in 2024, is seeing strong demand for the war, renewable energy, and casualty classes in the region, says Christian Stobbs.
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- October 29 2024
Tysers names new Singapore CEO and APAC marine head in regional push
Babita Rai has been promoted to CEO of the AUB Group-owned broker in the Lion City and William Furness-Smith has been appointed head of marine for APAC.
