Industry Segments: Strategy Page 8 / 26
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- October 30 2023
Craig Buckle to lead Lockton New Zealand from January
The head of the corporate risk business division replaces the retiring Peter Lowe as chief executive from the beginning of 2024.
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- October 27 2023
Asian reinsurers will continue to post underwriting losses through 2024: S&P Global
These carriers have not yet managed to fully pass through higher retrocession costs to the direct insurers.
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- October 24 2023
Zurich to underwrite RentCover’s landlord policies in Australia
Existing customers will have their policy underwritten by Zurich at renewal and new customers from December 1, 2023.
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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 18 2023
Exclusive: Gallagher sees senior exits amid wider APAC leadership shake-up
There have been several changes to the broker's APAC management in recent months, including the departure of North Asia CEO Thomas Wang.
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- October 13 2023
Exclusive: McLarens launches forensic accounting in Malaysia with Sedgwick hire
Serina Tan will be based in Kuala Lumpur and report to Scott Reichelt, the loss adjuster's head of forensic accounting, Asia Pacific.
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- October 5 2023
Miller signs Thai energy partnership with Central Insurance Services
Central will offer local servicing and Miller will provide help with consulting, risk engineering, reinsurance placement and claims.
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- October 4 2023
Lack of aggregate cover brings earnings volatility to APAC carriers
As rates soar, insurers are retaining more nat cat risk on their books, with the situation set to continue into the 2024 renewals.
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- October 3 2023
The Hartford drops Navigators brand in Asia; Philip Chan retires
Philip Chan, Hartford’s head of Asia, retired at the end of September, with Ethan Tay becoming responsible officer for Hong Kong.
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- October 2 2023
Howden renames Asian specialist arm as it unveils global rebrand
IPG Howden, the group's Asian high-net-worth life insurance broker, will be renamed Howden Private Wealth.
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- September 29 2023
Roojai’s South-East Asia M&A play to see GWP double
Group CEO Nicolas Faquet refocuses after snapping up DirectAsia from Hiscox this week, FWD General Insurance in Thailand in the summer and launching in Indonesia in 2022.
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- September 22 2023
Generali GC&C makes two senior Asia appointments in Hong Kong
Matthew Day becomes Asia head of risk engineering & loss prevention while Danny La joins as Asia head of strategic initiatives & business transformation.
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- September 18 2023
ICA board members and Australian minister to meet (re)insurance players in Munich and London
Assistant treasurer Stephen Jones and ICA, Suncorp, IAG and QBE Asia Pacific CEOs set to meet Lloyd’s, Guy Carpenter, Aon, Munich Re, Swiss Re, Flood Re and the ABI this week.
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- September 18 2023
Hong Kong’s Grandwood opens first overseas subsidiary in the UK
May Yung, previously divisional director and head of financial risks for the broker, is overseeing the set-up.
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- September 14 2023
Markel to expand in Australia with three new offices
The specialty insurer will be headquartered in Melbourne and headed by Axa XL's Rory Morison, who will start on September 27.
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- September 11 2023
Dual promotes Leo Abbruzzo to executive chairman for ANZ as it rejigs regional leadership
Deputy CEO Michael Ussher takes on additional responsibilites at the Howden-owned MGA, which has also named a new Australia, New Zealand CUO and a head of national partnerships.
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- September 8 2023
S&P upgrades reinsurance outlook, hardening to continue
The average combined ratio of the top 20 global reinsurers was 96% in FY 2022 with positive trends continuing in H1 2023.
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- September 8 2023
Marsh HK’s Duncan Stockley heads risk management client services as Nick Cousins continues as chief client officer
Stockley's new position is concurrent with his head of placement and specialties’ roles, while Cousins will concentrate on clients.
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- September 6 2023
Exclusive: Nova Insurance promotes Patrick Chan, hires Joseph Lee
Chan joined the Hong Kong broker two decades ago, while Lee was most recently distribution officer at Blue-Cross Asia Pacific.
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- September 4 2023
Volante bolsters Asia operations with senior management move
Bilal Zafar, a managing director of the Lloyd's syndicate, has relocated from London to Singapore.
