Africa Specialty Risks (ASR), the pan-African and Middle East focused (re)insurance group, has announced that Africa Specialty Risks Ltd (ASR Ltd), ASR's UK-based entity is operating as a Lloyd's service company, underwriting on behalf of ASR Syndicate 2454.
The National Financial Regulatory Administration (NFRA) is working to improve insurance services for technology-based businesses throughout their entire lifecycle, according to Mr Yin Jiang'Ao, director of the Property Insurance Supervision Department of the NFRA.
Specialty MGA Africa & Middle East, a new provider of bespoke (re)insurance solutions, has launched with a new office in Casablanca after receiving approval from the Moroccan Minister of Finance.
Temasek, a global investment company headquartered in Singapore and Warburg Pincus, a global growth investor, have completed a transaction to acquire the majority of shares in Specialist Risk Group (SRG), a specialist insurance intermediary.
Bermuda-based The Fidelis Partnership (TFP) has announced that it would broaden its reach in the Middle East, Africa, Asia, and Latin America, all of which have increasing demand for specialist (re)insurance solutions, enhanced by Lloyd's licensing and TFP's new Abu Dhabi office.
Allianz Global Corporate and Specialty has appointed Mr Thomas Lillelund as CEO, effective early 2025 and subject to regulatory approval. He will also assume leadership of Allianz Commercial, the Group's integrated global model for serving the commercial property and casualty insurance segment.
Allianz Commercial has appointed Ms Jenny Wilhelm as head of distribution for Asia. In her new role, she will work closely with the Asia leadership team to drive the distribution and go-to-market strategies to deliver on overall smart growth ambitions across the Allianz Commercial businesses in Asia.
Miller has appointed Mr Siva Krishnan as head of sports and entertainment. In his new role, he will bring Miller's specialist capabilities into new geographies, in line with the business' broader growth strategy. In APAC, the focus will be on live events, sporting events and tours, sport associations as well as film and TV.
Markel has appointed Ms Alvernia Xu as head of operations - APAC; Ms Anna Tan as senior underwriter, fine art and specie; Ms Isabelle Wong as cargo underwriter; Ms Jenny Choi as senior underwriter, casualty and Ms Olga Wong as senior underwriter, professional financial risk.
AXA XL has appointed Mr Guillaume Parard as head of P&C, Asia, effective 1 January 2025 and Mr Todd Wilhelm as head of specialty, Asia, effective 1 September 2024.