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- February 16 2024
Mitsui Sumitomo plans to expand MS Amlin’s London capacity by 50% in 5 years: report
The Japanese group will invest more into the specialty player and use it as a driver to lead its international growth going forward.
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- February 14 2024
MS Amlin COR for 9M FY 2023 improves to 90%, reports solid top-line growth
The MS&AD-owned specialty (re)insurer reported insurance service profit of US$309m, reversing the loss reported a year ago.
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- February 5 2024
Swiss Re names cyber leadership roles for Asia and the UK
Giv Kahrom joins as head of cyber Asia as the global reinsurance group expands its treaty client base.
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- January 31 2024
Canopius strengthens APAC credit & political risk team with underwriter hire
Sydney-based Dimitri Plastiras, who will be transferred to Singapore later this year, is among four senior hires by the specialty (re)insurer globally for the credit & political risk division.
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- November 17 2023
MS Amlin turns around underwriting performance with 91.6% COR
The Japanese insurance group's overseas business saw its net premiums for the first six months grow 45% year-on-year to US$4bn.
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- November 14 2023
Canopius’ Mark Newman to take charge as UK CEO
The (re)insurer's APAC chief executive will assume his new role on January 1, 2024.
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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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- August 23 2023
PSC Insurance’s 2023 net profits up 23% to US$50m
The ASX-listed broker's Australia and New Zealand distribution business placed US$740m in GWP.
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- August 22 2023
AUB Group’s net profit zooms 74% in FY 2023
The Sydney-headquartered broker’s group revenues crossed the billion-Australian-dollar mark as Tysers’ earnings exceed forecasts.
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- May 18 2023
AUB in US$100m equity raise as Tysers UK retail JV with PSC called off
The fundraise is more than the US$66.5m it was due from PSC under the 50/50 JV agreement, as the broker targets more M&A.
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- April 3 2023
AUB and PSC postpone Tysers UK retail JV launch to May 1
The Australian brokers told the stock exchange that the start date has been delayed by a month as the deal finalisation continues.
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- March 14 2023
PSC Insurance acquires two UK businesses for US$15m
The acquisitions of a MGA and a retail broker are expected to add up to US$4.7m to PSC's top-line.
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- March 3 2023
Saga calls off Acromas sale talks with Australia’s Open
The Sydney-based digital insurer was reportedly leading the race for the UK insurance group's personal lines underwriting arm.
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- November 23 2022
Ardonagh snaps up Australia’s Envest for US$320m
The Brisbane-based firm, which owns broker consolidator the Aviso Group, will continue to be led by Greg Mullins and trade under the same brand.
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- September 30 2022
AUB wraps up Tysers acquisition
Tysers Bermuda buy deferred till regulatory approval.
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- September 13 2022
Opinion: Japanese majors swept up in Lloyd’s legacy zeitgeist
RiverStone’s run-off acquisition of Sompo's Endurance at Lloyd’s marks the end of an era.
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- August 31 2022
Sompo International sells Endurance at Lloyd’s to RiverStone
The deal marks Sompo International's withdrawal from Lloyd's and consolidates its UK presence into a single platform.
