WTW, a leading global advisory, broking and solutions company, has received the required regulatory approvals for the change in ownership of Al-Futtaim Willis (AFW), enabling WTW to wholly own the business in the UAE and Bahrain.
Marsh has appointed Mr Derek Heng as CEO of Marsh ASEAN, and Ms Peta Latimer as CEO of Marsh Singapore. In addition, Mr Heng will continue to serve as CEO, Marsh Thailand, and Ms Latimer will continue with her current responsibilities as President of Marsh's People and Investments business in Asia.
The Insurance Brokers Association of India (IBAI), the apex body of India's 798 licensed insurance brokers, has expressed serious concern over the consultation paper on 'Reforms for Recalibrating Economics of Insurance Distribution', released by the country's insurance regulator, the Insurance Regulatory and Development Authority of India (IRDAI) on 23 September 2026.
In an online meeting with the Thai General Insurance Association and other insurance companies, Thailand's regulator, the Office of Insurance Commission (OIC), stated its aim to monitor insured losses and prepare measures to assist policyholders affected by the floods.
Startrader Financial Markets (Mauritius) has raised the aggregate limit of its client fund insurance, underwritten by Arch and other Lloyd's of London syndicates, from $1m to $30m, effective 1 October 2026.
The Central Bank of Bahrain (CBB) has granted AU Group Bahrain a licence to operate as an insurance broker according to local media reports.
Insurance Brokers Association of India (IBAI) will soon initiate a dialogue with the Insurance Regulatory and Development Authority of India (IRDAI) over the proposed reforms in the insurance distribution framework in the country.
New research in Australia has revealed that insurance broking is transitioning from an informal, experience-driven occupation to a more structured and professional career, driven by generational shifts in education, evolving skill requirements, and the need for clearer entry pathways.
Aon has promoted Ms Jane Drummond to the role of Global Chief Commercial Officer (CCO), effective 1 January 2027. She will report to Mr Andy Marcell, Deputy CEO and SEVP, Risk Capital and Human Capital for Aon, and will serve as a member of the Aon Executive Committee.
Recent floods in South Asia are highlighting the complex natural catastrophe risks facing hydropower, infrastructure and construction projects, particularly where damage to one asset can disrupt interconnected facilities and prolong recovery.