Industry Segments: Specialty Page 2 / 14
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- January 5 2024
WTW strengthens its corporate risk & broking business in Singapore with two senior promotions
Ernest Heng (pictured left) has been promoted to head of specialty while David Ng (pictured right) becomes head of client services.
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- January 4 2024
(Re)insurers to keep an eye on inflation, climate risk and geopolitical tensions in 2024
Expectations for a recovery in growth, orderly renewals, improved supply-demand dynamics, easing of retro market conditions point to a shift in sentiments and the industry’s resilience.
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- December 21 2023
January 1 renewals seeing ‘flattish pricing’, better terms
Political risk and war will see the most challenging conversations with capacity available for other classes as reinsurance or retro markets have not been too affected by 2023 catastrophes.
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- December 18 2023
Lisa Mitchell joins Markel as head of claims as Australia build-out completes
Mitchell's appointment marks the completion of the initial phase of building out the specialty insurer's Australian operations.
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- December 14 2023
APAC financial lines underwriters search for pockets of profitability in underserved niches
While the market in the region remains extremely soft, carriers are betting on mid-market and SME D&O accounts, commercial PI and cyber-blended policies.
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- December 8 2023
Howden names Wallace McLean’s Nigel Wallace as New Zealand CEO as brokers complete merger
The broker's current CEO René Hattingh will become head of technical delivery, initially concentrating on servicing clients in the scheme and affinity space and reporting directly to Wallace.
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- December 5 2023
Azure Risk hires Mai Nguyen as senior manager, marine broker
Hong Kong-based Nguyen will report to Anmol Sawlani, chief executive, and support renewals and new business development.
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- December 1 2023
Gallagher launches Taiwan brokerage with Brian Wang in charge
The 15-member Taipei-based team will offer property & casualty, marine, construction, cyber, trade credit, financial lines, energy and employee benefits services.
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- November 28 2023
Berkshire Hathaway ropes in Alex Zhang as senior property underwriter
Zhang, prior to this move, had spent over 17 years with QBE Insurance, most recently as senior underwriter.
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- November 27 2023
Latitude Brokers makes two senior hires to expand P&I team, creates superyacht division
The shipping specialist has appointed James Gargrave in Singapore as P&I director and Hong Kong-based Kevin Overton will head the new superyacht team.
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- November 16 2023
Howden acquires Australian bloodstock specialist HQ Insurance
The Sydney-based broker offers equine industry solutions predominantly in bloodstock, covering foals, weanlings, yearlings, broodmares, racehorses and stallions.
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- November 9 2023
Reinsurers are there to protect cedents’ balance sheets, not P&L volatility: Axa XL Re’s Guidée
The chief executive flags up US casualty exposure concerns for APAC insurers as “risks are more interconnected”.
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- November 2 2023
FM Global names Ziad Tadmoury as executive VP to oversee APAC
The current manager of the mid-market division will oversee APAC, EMEA, Canada and specialty from January.
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- October 27 2023
Sompo International hires from Axa XL for APAC head of crisis management, commercial P&C
Pei Ru Chiew was previously in Axa XL’s Singapore team as a senior underwriter of war, terrorism and political violence.
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- October 25 2023
Philippe Bouchet returns to Axa XL as head of art expertise, APAC & Europe
After leaving the carrier in 2021, Paris-based Bouchet rejoins to support the implementation of fine art and private clients strategy in Europe, Asia and Australia, in close partnership with regional and local underwriting and distribution teams.
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- October 24 2023
BHSI promotes Sami Jaghbir to Queensland underwriting manager
Brisbane-based Jaghbir will develop the carrier's regional market presence across all business lines, reporting to Mark Lingafelter, president of Australasia.
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- October 23 2023
HDI Global appoints Cristiano Pizzocheri as head of market management
Pizzocheri was most recently chief strategy and digital officer for Ergo Insurance Singapore.
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- October 23 2023
Gallagher India hires Anirudh Singh specialty and facultative head
He was most recently chief underwriting officer for Markel Services India, a Lloyd's Syndicate in India.
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- October 19 2023
AIG appoints Logan Perry as casualty manager, specialty in New Zealand
Auckland-based Perry was most recently casualty underwriting manager for Chubb and will report to Stephen Ward, head of casualty, Asia Pacific at AIG.
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- October 18 2023
Generali and UNDP partner to help bridge SME protection gap in Asia
A new framework will be hosted on an online platform offering advice on how businesses can protect their activity in the face of climate challenges.
