HDI Global has appointed Hiro Yamasaki as MD and Legal Representative of its Japanese branch. marking an important milestone in the Corporate & Specialty insurer's growth strategy for the region.
MS Amlin, the Lloyd's global specialist (re)insurer, has renewed its Phoenix Re catastrophe bond for the sixth consecutive year, increasing collateralised capacity to $115m - the largest issuance to date.
Mitsui Bussan Pana Harrison has appointed Ben Crookenden as Head of Energy - Specialty Division. Ben brings over 20 years of experience in insurance and reinsurance broking, with more than 15 years based in Southeast Asia.
Woliz, a Moroccan-based Retail-Tech platform that connects nano stores to the digital economy, has announced the closing of a $2.2m pre-seed round with Sanlam Maroc, a subsidiary of Africa's leading insurer Sanlam.
Everest Group has appointed Mr Mark Shaw as Global Head of Commercial, Global Wholesale and Specialty and Mr Paul Trueman as Head of International, Global Wholesale and Specialty
Al Wathba Insurance (AWNIC) marks a pivotal moment in its growth journey with the finalisation of a key strategic investment in London Bridge 2 PCC, Cell 27.
PRISM, a newly founded managing general agent (MGA), has officially launched in Singapore and Hong Kong, backed by seasoned industry professionals and specialty insurer and reinsurer Convex, as well as Efinity Insurance Solutions (EIG). A press release from PRISM stated that the company opened for business on 18 December.
BMS Group has announced the launch of BMS (DIFC), having secured the necessary licence and regulatory approval.
The UAE government has issued a new Federal Decree-Law amending key provisions of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, providing clearer mechanisms for calculating and settling corporate tax obligations.