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- June 19 2024
Zurich completes acquisition of 70% stake in Kotak General Insurance
The transaction is the largest foreign investment in India’s general insurance market and the first by a foreign insurer since the FDI limit was raised to 74%, according to the global carrier.
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- June 18 2024
Canopius taps Axa XL’s Mark Houghton as global specialty product leader
In the newly created role, Singapore-based Houghton will oversee governance, performance and standards for the Lloyd's syndicate's speciality lines.
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- June 17 2024
Everest Australia hires Arthur Constantinou to head Pacific energy and construction team
Melbourne-based Constantinou was previously national underwriting manager-technical lines and complex risks at Zurich.
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- June 17 2024
Cyber premium pool to outstrip other financial lines, says MSIG’s Andrew Taylor
Demand for cyber cover is rising in the region as AI is being exploited by criminals to launch more sophisticated attacks, while D&O, PI continue to face pricing pressure, says the regional head of financial lines.
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- June 14 2024
Axa XL ropes in WTW’s Graham Edwards as client distribution leader
Singapore-based Edwards was most recently head of corporate risk and broking, sales and client management for Asia at the broker.
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- June 14 2024
Blue Marble hires Rinaldo Siagian as APAC operations analyst
Siagian previously worked at Asuransi Astra where his most recent role was section head surveyor.
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- June 13 2024
Noto earthquake insurance payout reaches US$578.5m: GIAJ
The claims payout rose by 7% since the last tally on April 26 as insurers have settled 103,439 claims across Japan.
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- June 13 2024
Nova Insurance sees ‘unique’ greater China proposition driving growth
The independent Hong Kong broker is considering both organic and inorganic routes to expand its presence across business lines in the SAR and mainland China, says managing director Patrick Chan.
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- June 12 2024
Extreme heat triggers parametric payout for 50,000 women in India
The parametric insurance, which benefited women working in the informal sector, was underwritten by Swiss Re and provided locally by ICICI Lombard.
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- June 12 2024
Berkley Insurance Asia’s Roden Tong elected as president of Hong Kong Law Society
The Hong Kong CEO of Berkley Insurance Asia, who also holds the role of Asia head of claims for financial lines, was the Law Society's vice president since 2021.
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- June 12 2024
Dual New Zealand expands underwriting team with IAG hires
Howden-owned MGA has appointed Leon Downey as senior underwriter for casualty and financial lines and Claire Ji as commercial underwriter, both based in Auckland.
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- June 11 2024
Howden India appoints Hanmant Dudle as head of large account practice for property and construction lines
Prior to joining the broker, Mumbai-based Dudle was vice president in charge of large account practice at insurer ICICI Lombard.
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- June 6 2024
WTW appoints Alexandra Low as head of trade credit for Hong Kong
Low will report to Lee Garvey, head of financial solutions, Asia Pacific, and Iris Chan, head of corporate risk and broking for Hong Kong and Macau.
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- June 5 2024
Marsh taps Axa XL for Asia political risk team build out
Singapore-based Lim Mei Yean was most recently business development manager for Asia at Axa XL.
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- June 5 2024
Lockton New Zealand ropes in Marsh’s Damian Schade as client director
Schade's appointment in Auckland is aligned with the broker's continuous expansion in the Kiwi market.
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- June 5 2024
Guillaume Mirabaud appointed CEO of Axa Thailand General Insurance
Mirabaud was most recently the chief executive of Axa Korea, where he had also served as the CFO and general secretrary from 2019.
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- June 4 2024
Hans Vranken takes over as Axa Korea CEO
Vranken has over 18 years of experience in financial services and insurance industry across Madrid, Tokyo, Belgium under Axa Group.
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- June 4 2024
Update: Dual to take over Allianz Australia financial lines portfolio
The transition will be effective October 1 and Allianz Australia will remain the 100% capacity provider to this portfolio, according to the MGA's ANZ chief executive Damien Coates.
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- June 3 2024
QBE Asia brings on board Thomas Miller’s Alexander Bland as regional specialty claims head
Singapore-based Bland will report to Vick Rajaswaran, regional head of claims, and oversee specialty claims strategy and performance across Asia.
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- June 3 2024
Vietnam National Reinsurance’s underwriting results to stay favourable: AM Best
The ratings agency has affirmed VinaRe's financial strength rating of "B++" (good) with a stable outlook.
