Category: Exclusive Page 3 / 4
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- July 19 2024
Marsh’s Pacific senior leaders Andrew Fluitsma and John Mutton depart
Mutton, who was the MD and head of corporate and commercial, has been on gardening leave since March, while former Honan CEO Fluitsma, who took over the role in March, is understood have left as well, IAN understands.
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- July 4 2024
Exclusive: Carriers staring at US$1bn+ losses from New Caledonia civil unrest
QBE and Allianz’s estimated net exposure to the event have exceeded US$215m each from political violence in the French overseas territory near New Zealand, IAN understands.
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- June 25 2024
Exclusive: Gallagher retreats from Japan a year after launch
The broker closed its wholesale broking business in May while the retail agency business is expected to close by end of this month, InsuranceAsia News understands.
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- June 18 2024
Exclusive: NorthStandard, British Marine face losses from Singapore oil spill
The loss following the dredger Vox Maxima hitting bunkering vessel Marine Honour could become an IG P&I Clubs pool claim if the dredger is found liable.
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- June 5 2024
Specialist Risk Group eyes Asia expansion with focus on specialisms
The Temasek and Warburg Pincus-backed UK broking group will consider acquisitions to build a hub in Singapore.
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- May 31 2024
Blackpanda senior duo leave to launch loss adjusting venture
Hong Kong-based chief revenue officer Timothée Grange and loss adjusting VP Moying Chap are leaving the MGA at the end of this month.
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- April 23 2024
Exclusive: Guy Carpenter recruits AIG veteran Eric Shaw as APAC regional claims advisory leader
Singapore-based Shaw oversees claims advisory and reports to Jacob Hughes, managing director, head of client support services for Asia Pacific.
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- April 10 2024
Crypto specialist MGA Qubit launches in Hong Kong after pre-series A fundraise
As part of its expansion plan, the HKIA-licensed specialty underwriter founded by Helen Ye is set to bring on board Wendy Lee as chief commercial officer.
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- March 27 2024
Britannia P&I’s Bermudan reinsurers, Axa XL set to bear brunt of multi-billion-dollar Baltimore bridge collapse
The event involving Singapore-flagged Dali, which could likely be the biggest insured loss in maritime history, will increase pool layer costs and container GXL pricing next year, sources tell IAN.
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- March 8 2024
Exclusive: Aon reshuffles Australia W&I leadership as Sam Thomas departs
Sydney-based Anita Vivekananda will succeed Thomas as head of transaction solutions for Australia and New Zealand.
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- January 16 2024
Aon grows India treaty reinsurance team with three senior appointments
The new appointments include Kolli Rao, who has joined the broker as president and senior advisor, Ajay Rakhane as head of agriculture and Ankit Mehta as head of non-agriculture treaty.
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- January 11 2024
Exclusive: Sedgwick takes Crawford’s Veronica Grigg as Asia CEO
The loss adjuster's interim CEO Stephen Kerr will transition into the role of chief operating officer for Asia, while Simon Kay has been appointed director of executive services.
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- January 10 2024
Howden Hong Kong chief executive Mark Johnson set to leave; Alfred Sham named interim CEO
Johnson will remain with the firm to ensure an orderly transition until the spring.
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- October 11 2023
Zurich expands APAC M&A and business development team with senior hire
Hong Kong-based Cathy Lo becomes senior manager in regional M&A and business development team, reporting to Kevin Angelini, Asia Pacific head of strategy and M&A.
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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.
