Everest Group has promoted Mr Craig Hanrahan to the role of Global Distribution and Chief Commercial Officer, effective 1 August 2026.
Liberty Mutual Insurance has promoted Mr Gareth Rees to the role of Global Lines Leader for its Global Transaction Solutions (GTS) business.
MSIG Asia has appointed Mr Ronak Shah as Regional CEO, effective 1 October 2026. In addition to leading the insurer's operations across Southeast Asia, Hong Kong, India and Oceania, Mr Shah will assume regional leadership responsibility for Mainland China, Taiwan and Korea.
Japan Post Insurance has signed an MOU with SCOR SE to manage life insurance risks of the Japanese insurer through a new joint investment vehicle.
New China Life Insurance (NCI) has estimated that the unaudited net profit attributable to shareholders of the company for the first half of 2026 is about CNY20,719m ($3,056m) to CNY23,678m, representing an increase of 40% to 60% as compared to the first six months of 2025.
The size of the insurance market in Central Africa is about $1.1bn, with a penetration rate of no more than 0.7%, indicating the enormous potential for growth, especially with increasing urbanisation and infrastructure development, said the Insurers Federation of Egypt (IFE).
Allianz Partners has promoted Mr Carsten Staat to the role of Regional Managing Director for MEA, effective 1 August 2026.
AIG has appointed Ms Christine Williams as Head of Global Client and Broker Relationships, effective 1 September 2026.