Zurich Insurance Group AG named James Shea to head a new unit that will combine its global corporate and commercial businesses as part of a company-wide restructuring. Shea, 50, joins from American International Group Inc. where he headed global financial …
Elderly healthcare in the Asia Pacific region will cost more than US$20 trillion between 2015 and 2030, according to a report published by Marsh & McLennan Cos. The report titled “Advancing into the Golden Years – Cost of Healthcare for …
XL Catlin’s insurance operations announced the appointment of Bonnie Chow as senior underwriter, Political Risk and Trade Credit insurance for Asia Pacific. She will be based in Sydney. Chow has over 20 years’ experience in the insurance and banking industries, …
Willis Re announced the appointment of Chris McDowell as CEO of Willis Re Bermuda. Effective Jan. 1, 2017, he will succeed Michael Harden, CEO of Willis Re Bermuda since 2014, who is returning to the Asia Pacific region as president …
Sompo Canopius has appointed Mark Newman as chief executive officer Sompo Canopius Asia Pacific, Middle East and North Africa. He is based in the Singapore office, reporting to Mike Duffy, chief underwriting officer. Newman has 30 years in insurance and …
Latitude Brokers, the Hong Kong-based marine insurance specialist, has opened an office in Singapore, their second in Asia. With the continued growth of the marine markets in Singapore as well as the Lloyd’s platform, the Singapore office is an essential …
Zurich Insurance has launched DigitalResolve, a coordinated incident response service to help businesses in Asia Pacific (APAC) mitigate and recover from cyber attacks. Offered through Zurich’s partner Crawford & Co., DigitalResolve helps organizations coordinate and manage resources so they can …
Zurich Insurance will sell its general insurance operations in Taiwan to Hotai Motor Co. Ltd., with the business to become part of the Hotai Group, subject to approvals and conditions from the supervisory regulator. Hotai Motor Co. Ltd. has become …
XL Catlin has appointed Lloyd Haynes as senior underwriter, International Casualty, covering the Asia Pacific market, based in Singapore. Haynes has worked in the insurance industry for more than 10 years. He joins XL Catlin from Allied World Assurance Co. …
Nexus Underwriting, the independent specialty managing general agent (MGA), has signed a three year underwriting capacity deal with XL Catlin in Asia through XL Insurance Co. SE. Through its new branch based in Hong Kong, Nexus Underwriting Asia (HK) will …
