Subject: Underwriting Page 2 / 20
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- February 26 2025
Markel continues marine expansion with Singapore hull, war lead hire
Galvin Hu, who will report to head of Singapore Wanshi Lin, will be responsible for spearheading the specialty carrier's underwriting strategy in APAC.
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- February 25 2025
HDI Global welcomes new head of distribution for NSW, ACT
Brandt Connor takes up the newly created role having spent almost eight years with Allianz, most recently as national relationship manager.
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- February 24 2025
Munich Re names Hanh Nguyen head of treaty P&C underwriting for Southeast Asia, India
Nguyen has been deputy head since July, and will succeed Joachim Zagrosek on March 1.
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- February 24 2025
Evergreen Partners takes minority stake in New Zealand’s Delta International
Amy Ellis, director at Auckland-based private equity firm Evergreen Partners, will also join the MGA's board in a non-executive capacity.
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- February 20 2025
Markel names Alicia Leong head of marine liabilities in Singapore
She joins from Munich Re Specialty – Global Markets, Syndicate, where she spent close to 10 years as a marine liability underwriter.
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- February 14 2025
Commercial rates harden in Taiwan, Japan while rest of Asia declines: Marsh
Composite insurance rates in Asia continued a downward trend, declining by 3% in the fourth quarter of 2024, marginally higher than the global average.
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- February 10 2025
Australian MGA Market Lane promotes property team pair
Joanna Hayes and Anand Narayanan promoted within specialty commercial insurance underwriting arm, The Barn.
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- February 7 2025
HDI Global names Joanna D’Silva as senior underwriter for engineering in Melbourne
D'Silva previously spent over eight years at AIG, working in Melbourne and Malaysia.
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- February 6 2025
Berkley expands in India’s GIFT City with CUO appointment
Ashaya Kantawala joins the carrier from Tata AIG, where he was national head for casualty lines.
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- February 5 2025
Asia insurance rates decline 3% in Q4 2024, driven by cyber and finpro lines: Marsh
Cyber rates drop by 11%, while finpro falls 9%, both extending the previous quarterly declines in 2024, according to the latest Global Insurance Market Index by the broker.
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- February 5 2025
Pacific rates suffer largest drop in Q4 2024, driven by finpro, cyber and property lines: Marsh
Finpro premiums fell by 12%, while cyber and property declined by 8%, according to the Global Insurance Market Index.
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- February 3 2025
Cyber specialist Sync Underwriting launches in Australia with Tokio Marine capacity
The MGA, which is part of the Rhodian Group underwriting network, will provide cover for small to mid-sized businesses in the country.
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- January 28 2025
Sompo promotes Jasmine Chan to senior VP for APAC ceded reinsurance
APAC CEO Kenneth Reilly tells IAN Chan has 'an extensive knowledge of Sompo’s product offerings and the APAC market dynamics'.
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- January 28 2025
Australian MGA Agile hires industry veteran Richard Hardy to head property
Agile Underwriting launched a property line backed by its Lloyd's syndicate, AUS 2427, in November.
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- January 15 2025
MGA Hydor appoints Markel’s Colin Fordham as senior marine underwriter
Singapore-based Fordham was most recently senior underwriter and director of marine for Asia at Markel.
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- January 8 2025
Sri Lankan insurers to improve underwriting profitability amid key shifts: Fitch
Insurers are looking to enhance practices and shift focus to more profitable non-motor segments, global rating agency says.
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- January 8 2025
US-based The Hartford launches on Lloyd’s Singapore platform
Service company, to be led by Zhenghong Pan, will initially write financial lines and credit and political risks coverage through its Syndicate 1221.
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- January 7 2025
Chubb elevates Carles Tondo as head of property and technical lines in Singapore
In his new role, Tondo will be responsible for fire, terrorism, construction, power generation and energy.
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- January 3 2025
Labuan Re names Zaid Aziz Ibrahim as officer in charge following CEO exit
Kuala Lumpur-based Ibrahim currently serves as the chief underwriting officer and has been with the company since 2020.
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- January 1 2025
Japan P&I’s underwriting performance could see some volatility: AM Best
US credit rating agency assigns a financial strength rating of 'A-' (excellent) and a long-term issuer credit rating of 'a-' (Excellent), with a stable outlook.
