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Brokers tag returned 243 results

  • Aon announces new UK chief broking officer

    Aon has announced the appointment of Helene Madell as chief broking officer (CBO) for commercial risk solutions, health solutions and affinity in the UK.

    People | 24 Jan 2020
  • Egypt: Individual insurance brokers unite to form firm

    The Financial Regulatory Authority (FRA) has agreed to grant the final approval for a licence to Union Insurance Brokerage, which is made up of a group of individual brokers.

    Middle East | 16 Jan 2020
  • Saudi Arabia: Insurance industry lauds move to separate insurance & reinsurance broking ops

    The decision by the Saudi Arabian Monetary Authority (SAMA) for the insurance industry to have separate companies for reinsurance and insurance broking operations will lead to more transparency in contractual relations, job opportunities and greater confidence in the local market, say industry professionals.

    Middle East | 16 Jan 2020
  • Egypt: Insurers to disclose commissions in insurance policies

    The Financial Regulatory Authority (FRA) has issued a decision to compel insurance companies to include all commissions, rewards or incentives for the insurance broker in the insurance contract, to improve transparency. The decision followed complaints from several insurance companies and policyholders about malpractices.

    Middle East | 09 Jan 2020
  • India: Mumbai bourse and Ebix get licensing approval for insurance broking JV

    Ebix, an international supplier of on-demand software and e-commerce services to the insurance, financial, healthcare and e-learning industries, has announced that its joint venture with Bombay Stock Exchange (BSE), Asia's oldest exchange, has received formal approval to be registered as a direct insurance broker (life and general).

    Asia | 09 Jan 2020
  • Saudi Arabia: SAMA bans combined insurance & reinsurance broking activities in firms

    The Saudi Arabian Monetary Authority (SAMA) has prohibited a company from engaging in both insurance and reinsurance brokerage activities, effective immediately, reported Reuters.

    Middle East | 05 Jan 2020
  • China: Insurance broker seeks US$15m Nasdaq IPO

    TRX Insurance Brokers, a Chinese insurance brokerage, has filed with the Securities and Exchange Commission to raise up to $15m in an initial public offering on Nasdaq.

    Asia | 03 Jan 2020
  • Pana Harrison joins forces with Mitsui

    Major global trading and investment firm Mitsui & Co is all set to become Pana Harrison (Asia) Singapore's largest institutional shareholder following a long-term partnership agreement between both parties. The latter's management will continue to manage and own a stake with private equity firm The Huntington Group retaining a strategic minority stake in the firm.

    Asia | 31 Dec 2019
  • Saudi Arabia: Insurance sector may see first 100% foreign owned broker in 2020

    With the Saudi Aramco IPO finally getting over the line, the international insurance community is watching developments in Saudi Arabia with interest.

    Middle East | 17 Dec 2019
  • South Africa: Rule changes will axe number of traditional intermediaries

    Recent and upcoming changes in the insurance regulatory landscape will shake up traditional distribution channels in South Africa, leading to a decline in the number of traditional insurance intermediaries, says Ms Nicole Britton, senior associate at global law firm Clyde & Co.

    Africa | 16 Dec 2019

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