Category: Exclusive Page 3 / 3
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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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- August 30 2023
Exclusive: Reliance’s Jio Financial starts talks with global players for ambitious general insurance foray
India's biggest conglomerate will offer up to 50% stake in the insurer, for which it is already hiring senior executives, IAN understands.
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- August 17 2023
Exclusive: Ted Hodgkinson exits BMS — sources
IAN understands the Hong Kong-based Asia chairman has left the global broker.
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- August 14 2023
Exclusive: Vale Insurance Partners to establish Asia operations — sources
Vale is the seventh specialty insurance firm seeking to join the Asia M&A market in the space of 12 months.
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- August 7 2023
Exclusive: Euclid Transactional targets Asia launch
The M&A-focused New York-headquartered specialty MGA is set to open a Singapore office by Q1 2024.
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- August 3 2023
Aon Vietnam restricted on some placement activities after regulatory inspection
The broker has been restricted from placing property, construction, fire, life and health insurance for three months until October 21.
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- July 3 2023
Exclusive: Castel-backed M&A specialist Transact Risk Partners set for Asia launch
The Dutch MGA's Singapore office will be led by senior underwriter Reuben Lee and is likely to start as early as August, IAN can reveal.
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- March 9 2023
Exclusive: Philippines oil spill could cost Shipowners’ Club over US$100m
IAN understands that the P&I club is the sole insurer on a sunken oil tanker that was carrying 800,000 litres of toxic fuel oil.
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- October 14 2022
Mapfre sells Philippines business to Aseana
The Spanish group has been closing its direct insurance business in Asia even as it expands its reinsurance arm.
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- September 26 2022
Exclusive: Korean carriers DB, Samsung and Hyundai on the hook for Posco’s huge typhoon claims
DB Insurance provided the largest coverage to the steelmaker with around 17% exposure of the risk pool.
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- September 22 2022
Berkley names Aaron Yip as Singapore CEO
Yip will report to Asia chief executive Shasi Nair and will continue in his role as chief underwriting officer for Asia.
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- September 1 2022
Exclusive: AMTD Digital’s claims of Singapore insurer license bid unfounded
IAN understands that contrary to AMTD's US regulatory filing the Singapore regulator hasn't received any formal application from the proposed composite Applaud.
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- December 20 2021
Fanhua to go private, delist from Nasdaq amid political tensions
Company spokesperson tells IAN that "international relations" affected the decision to exit the US.