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- August 8 2024
Zurich APAC H1 premiums up 9%, COR climbs marginally to 93.7%
Top line increase driven by strong retail growth, however, rising commission costs from a recovery in travel business in the region hurts bottom line.
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- August 8 2024
Lockton New Zealand takes Marsh’s Colin McCulloch as client director
Auckland-based McCulloch has been with Marsh for more than 28 years as principal providing insurance broking and risk advisory services to large and complex public sector and corporate organisations.
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- August 8 2024
Cyber wordings, limits set to tighten as CrowdStrike points to ambiguity in cover
The industry needs to address accumulation risks, data gaps and further threats from large-scale events that are becoming more frequent.
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- August 7 2024
QBE Australia Pacific elevates Declan Moore to chief governance and executive operations officer
Moore will oversee first line risk, customer remediation, marketing and customer insights, legal and executive operations for the regional business as Jonathan Groves succeeds him as CEO and managing director for New Zealand and Pacific.
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- August 6 2024
Marsh Pacific names Samantha Scarlato as transaction advisory head
Sydney-based Scarlato has been with Marsh for over five years and was previously a senior project manager at the global broker before the promotion.
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- August 5 2024
Price Forbes Singapore appoints Honan CEO as chief broking officer
Coates will be responsible for developing Price Forbes' broking strategy and driving business growth across Asia Pacific.
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- August 5 2024
Serai Kabu joins WTW’s Australasian renewable energy team as associate director
Brisbane-based Kabu worked at BMS Group for over four years with her most recent role being client manager for the power and energy team.
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- August 5 2024
BMS expands Australia energy team with Marsh hire
In his new role, Brisbane-based Toby Lucas will be responsible for supporting clients in the renewables, power and energy sectors across the country.
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- August 5 2024
China P&I eyes South-East Asia expansion, global tie-ups for reinsurance, claims support: AM Best
AM Best has affirmed the financial strength rating of A- (excellent) for China Shipowners Mutual Club with stable outlook.
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- August 2 2024
Lockton promotes Chris Brown to CEO of Lockton International
In his new role, London-based Brown will drive Lockton's strategy and growth across Europe, Latin America, Asia, Pacific (Australia & New Zealand), Middle East and North Africa.
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- August 2 2024
Miller expands professional and financial risks team with Lockton hire
Singapore-based Mandy Ng joins the specialist broker as it looks to expand its offering in Asia.
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- August 1 2024
Marsh promotes Chris McDermott to Pacific head of specialty
Sydney-based McDermott was most recently Pacific head of private equity and M&A services (PEMA) for the broker.
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- August 1 2024
Munich Re’s Ajeet Phatak takes over as CEO for Korea
Phatak, who was previously head of client management for Munich Re Japan, was appointed in the new role following a wider regional leadership reshuffle earlier this year.
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- July 31 2024
APAC and Africa account for 33% of US$120bn global nat cat losses: Munich Re
The costliest natural disaster in the first half of the year is the Noto earthquake in Japan that amounted to an estimated US$10bn in losses.
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- July 31 2024
Lockton names Sean Solis as Asia chief financial officer
Solis, who was overseas finance managerat the broker, will relocate from London to Singapore for his new role, which he is taking over from Christoph Alsleben.
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- July 31 2024
HDI Global restructures Australian leadership amid Middle East expansion
Karina Rodriguez Diaz and Stevan Bonic takes over from Willem van Wyk and John Morrell, who will head HDI's new office in Dubai.
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- July 30 2024
HDI’s Asean and Australasia regional manager Willem van Wyk to head new Dubai office
The new hub will initially offer engineering, construction and property insurance products with other lines such as liability and marine being written from the insurer's Singapore office.
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- July 30 2024
Delta Underwriting expands into accident and health business with HDI hire
Based in Singapore, Lisa Leow will lead the development of portfolio strategy and growth for accident and health (A&H) complementary to existing business lines.
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- July 30 2024
Ausure acquires Queensland’s Coastsure Insurance Brokers
Coastsure will continue to operate as it has prior to the merger, but with access to more resources and a larger team of insurance broking specialists.
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- July 29 2024
WTW Indonesia appoints Aon’s Kemala Putri Anandyta to head its construction and mining business
In her new role, Anandyta will work closely with the Indonesia team and regional construction and natural resources teams.
