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  • Specialist Risk Group secures Temasek and Warburg Pincus as new major investors

    Specialist Risk Group (SRG), a specialist insurance intermediary, yesterday announced that it had signed a definitive agreement to be acquired by Warburg Pincus, a leading global growth investor, and Singapore's Temasek, a global investor.

    Asia | 22 May 2024
  • MS&AD reinsurance unit reports strong 2023 performance

    Global reinsurer MS Reinsurance, part of the world-leading insurance group MS&AD, has produced a net profit of $366m for 2023, a significant turnaround from a net loss of $50m for 2022.

    Asia | 21 May 2024
  • Global: Swiss Re announces new appointments

    Swiss Re has appointed Mr Ivan Gonzalez as CEO corporate solutions and member of the group executive committee and Mr Beat Strebel as CEO reinsurance China and China country president, subject to regulatory approval.

    Asia | 20 May 2024
  • Global: MS Reinsurance appoints new directors

    MS Reinsurance has appointed Dr Frank Ellenb├╝rger as fourth independent director and Mrs Yasuko Fukuda as third shareholder representative director. Both appointments are subject to approval by the Swiss Financial Market Supervisory Authority. Dr Ellenb├╝rger He will also become chair of the audit committee.

    Asia | 17 May 2024
  • Financial advisers need to be on social media to reach millennials and Gen Z

    Financial advisers should leverage social media to connect with millennials and Gen Z, as new research indicates they are twice as likely to get financial advice online than from a professional, says financial counselor Myles Ma.

    Agents | 14 May 2024
  • Global: Aon appoints new executive managing director of capital advisory

    Aon has appointed Mr Will Allen as executive managing director of capital advisory within its reinsurance solutions. In his new role, he will be responsible for sourcing capital from global organisations to support Lloyd's of London programmes, as well as risk transfer programmes involving the London market and Aon's client base.

    Asia | 10 May 2024
  • Global: BMS Re makes new appointments

    BMS Re has appointed Ms Alicia Santocki as executive vice president; Mr Scott Fields and Ms Stephanie Fick as senior vice presidents; Mr Colin Curran and Mr Charles Ill as assistant vice presidents; Ms Cora Cruz as executive assistant and Ms Brenda Martinez-Cox as technical broker.

    Asia | 10 May 2024
  • Global: Front Street Re appoints new CEO

    Front Street Re has appointed Mr Edison Fong as CEO. Prior to his new role, Mr Fong worked at Converge Re and Manulife Financial. He also a diverse range of experiences across all facets of actuarial functions with multinational companies, and currently serves on committees for the Canadian Institute of Actuaries and the American Academy of Actuaries.

    Asia | 10 May 2024
  • Climate change could become the main driver of biodiversity decline

    Climate change and land-use change could become the main drivers of biodiversity decline by mid-century according to a new study.

    Asia Risk | 08 May 2024
  • Almost 85% of supply chains can't respond to disruptions in 24 hours

    A new global survey of 1,800 supply-chain leaders has revealed that average response time for supply chains to respond to disruptions is five days, hindering progress on resiliency and risk mitigation.

    Asia Risk | 08 May 2024


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