Industry Segments: Strategy Page 12 / 26
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- April 26 2023
Gallagher targets South Korea and Taiwan after Japan foray
Following the announcement of a corporate broking and fac operation with 15 people in Tokyo and senior regional hires, IAN understands the broker is close to launching in Korea.
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- April 24 2023
New Asia player Deutsche Rück eyes expansion after beating 2023 target
Digitalisation, new and emerging risks, regulatory changes and infrastructure development will be regional growth drivers, says Asia managing director Tarik Aouad.
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- April 21 2023
Marsh McLennan targets US$300m savings by 2024, Marsh sees 11% APAC Q1 growth
The global broker has been changing its senior management structure by appointing regional and country leaders to oversee its four units Marsh, Mercer, Oliver Wyman and Guy Carpenter.
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- April 20 2023
Gallagher launches Japan commercial and wholesale fac broker
Takuya Aibe and Tetsuro Nakazawa have joined the broker from Marsh. Aibe becomes CEO of retail and Nakazawa CEO of wholesale and fac.
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- April 20 2023
Hannover Re becomes third major to leave Net-Zero Insurance Alliance
The reinsurer has joined Munich Re and Zurich in quitting the global climate group but hasn't given a specific reason.
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- April 19 2023
Lloyd’s eyes regional opportunities through Hong Kong
The platform's regional director Iain Ferguson identified reinsurance capacity, captives and more local placement as areas for the market to focus on.
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- April 19 2023
HDI Global Australia appoints state manager for southern region
Stephen Jones joins the carrier from Marsh, where he was managing director for affinity in the Pacific region.
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- April 17 2023
HKFI seeks easier re-domiciliation and improved positioning to attract global majors
Policy recommendations have been submitted by the Hong Kong Federation of Insurers to the Financial Services and Treasury Bureau and the Insurance Authority.
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- April 12 2023
Crawford partners with Vietnam’s NorthStar
The tie-up between the loss adjusters is designed to strengthen service and improve customer experience across the region of Cambodia, Laos, Myanmar and Vietnam (CLMV).
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- April 11 2023
Market dislocation unlikely to disrupt Asian carriers
Asian insurers are casting their investment nets wider with a growing impetus on the sophisticated aspects of ESG.
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- April 5 2023
Australian antitrust regulator questions benefits of Suncorp’s bank divestment
The company said the bank sale to ANZ will allow it to "improve its processes as well as enhances the capacity to attract capital" to support its insurance business.
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- April 4 2023
Oneglobal promotes David Lum to Asia chairman, Sirikit Oh to Asia CEO
Lum was most recently the specialty broker's Singapore chairman, with Oh as Singapore chief executive. The appointments come amid a wider leadership shake-up.
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- March 23 2023
GCube bets on Australia’s green transition
The Tokio Marine-backed MGA’s chief executive Fraser McLachlan discusses Australia expansion and Asia Pacific strategy.
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- March 20 2023
Zurich prioritises India as it charts out APAC expansion
The Swiss insurer's M&A strategy in Asia is less about "planting flags" and is focused on driving profitable growth, says regional M&A head.
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- March 13 2023
Howden to ‘consider strategic acquisition opportunities’ in Asia: Chye Huat
IAN spoke to the Howden Asia CEO on the broker's plans for regional growth and key risk opportunities in energy, cyber, nat cats, and employee benefits.
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- March 9 2023
Asta kicks off Asia expansion
IAN first revealed the plans of the Davies Group-owned Lloyd's third-party managing agent in October.
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- March 6 2023
Charles Taylor boosts Australia team with eight hires
The property and liability teams each will take on board three new members in Melbourne, Sydney, Perth and Townsville.
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- March 2 2023
HDI Global grows its Asean presence with Bangkok office
The new regional division will be led by Somchai Trongwisalpattana who joins HDI Global as marketing director.
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- March 1 2023
Canopius expands Australia operations with Melbourne office
The new hub will be led by David Mutton who joins the specialty (re)insurer from Axa XL as casualty underwriter, Asia Pacific.
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- March 1 2023
MS&AD CEO’s talks of selling overseas units puts MS Amlin in spotlight
The Japanese giant's chief executive Noriyuki Hara told Nikkei that the firm is considering withdrawal from some five locations where ROE is less than 6%.
