The shares of Thailand's biggest reinsurance broking company TQR have been listed on the Market for Alternative Investment (mai) since 17 February. TQR is the first MAI-listed reinsurance broker and has a 10% share of the non-life reinsurance market in the country.
The Australian Competition and Consumer Commission (ACCC) has outlined some concerns over Aon's $30bn bid for Willis Towers Watson (WTW) to create the world's largest insurance broker.
Singapore-based InsurTech group CXA is set to sell its brokerage business in the city-state and in Hong Kong to global employee benefits broker Pacific Prime.
The uptake and evolution of e-trading platforms have seen a sharp rise in 2020, accelerated by the necessities of COVID-19 and the push from Lloyd's Blueprint Two initiative. This according to a report by InsTech London, which looked at themes that it believes will change insurance within the next decade.
Exits from the financial advice industry have resulted in a significant advice gap, with many Australians unable to access advice in an economical manner, according to global management consultancy Oliver Wyman.
Jiangtai Insurance Brokers, one of China's largest insurance brokers, has filed its prospectus for a listing of its shares on the SME board of the Shenzhen Stock Exchange.
Chedid Capital, a leading financial and investment group specialised in insurance and reinsurance in the Middle East, Africa and part of Europe, has launched E-DARAT, its bespoke tech platform for HR and employee benefit management.
Leading international insurance group Howden Group Holdings yesterday announced that its revenue for the year ended 30 September 2020 (FY2020) stood at GBP777m ($1.07bn), an increase of 7% compared to FY2019.
The Insurance and Social Insurance Supervisory Authority (ACAPS) has launched "E-Wassit Taamine", an e-learning training programme for the insurance intermediaries.
Marsh has announced the appointment of Paulo Garcia as Marsh Philippines CEO. He succeeds Ramon Zandueta who has been appointed Marsh Philippines chairman. Both Mr Garcia and Mr Zandueta, who took up their appointments on January 1, 2021, will be based in Manila and report to Marsh South Asia CEO James Addington-Smith.