Mumbai-headquartered Mahindra Insurance Brokers, part of the Mahindra Group, has announced the opening of its reinsurance office at Dubai International Financial Centre (DIFC), according to a statement posted on the DIFC website.
WTW has appointed Mr Gerald Dolina as head of Philippines and head of corporate risk and broking Philippines and Mr James Matti as managing director, health, wealth and career Philippines. Both appointments are effective 2 January 2025.
The Insurance Brokers Code Compliance Committee (IBCCC) has called for significant improvements in brokers' disclosure and communication practices, following concerning findings in its latest data report.
Nasdaq-listed Huize Holding is targeting entry into two new Southeast Asian markets within the next 12 months, with ambitions to become a leading pan-Asian digital insurance platform.
WTW, a leading global advisory, broking, and solutions company, yesterday announced the launch of a new China Client Division within Corporate Risk and Broking, North America (CRB NA), marking a significant milestone in the company's strategy to expand its presence and broaden offerings focussed on the Chinese market.
The East Asian Insurance Congress (EAIC) is back, and is currently taking place in Hong Kong where it recovers its mantle as the largest and most recognised event of its kind in the region.
The Ardonagh Group, one of the world's largest independent insurance broking platforms, has announced that PSC Insurance Group's shareholders have voted in favour of its proposed A$2.3bn ($1.6bn) acquisition by Ardonagh.
Lockton has appointed Mr Deven Lim as CEO of Lockton, Singapore, effective 1 October and Mr Fred Boles as regional head of professional and financial risks (ProFin).
The Central Bank of the UAE (CBUAE) has issued the new "Insurance Brokerage Regulation 2024" that will come into force on 15 February 2025. Several new provisions are introduced to improve governance in areas like claims settlements, brokers' remuneration and the collection of premiums. The new Regulation repeals Insurance Brokerage Regulation 2013.
Price Forbes Asia has appointed Mr Thomas Russell as director, head of Australian and New Zealand wholesale. The role is newly created.