Australia’s QBE Insurance Group Limited has announced “a strategic change to ensure its business is positioned for profitable growth.” QBE said that after a review of its organizational structure, “it has been concluded that the strategic opportunity for organic and …
Allied World Assurance Company Holdings, AG announced that it has received approval from Lloyd’s, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) to establish its own Lloyd’s managing agent, Allied World Managing Agency Limited, effective April 1, …
Marsh has embarked on a major reordering of its regional activities, which it said is “in order to align the delivery of its global capabilities more closely to the needs of clients around the world.” Marsh has combined its Asia …
Willis Group Holdings announced the launch of its directors’ all risks cover (DARCstar) in Australia, Hong Kong and Singapore, which it said offers “unique” coverage. Willis explained that “DARCstar policies have already been written for a number of global companies. …
Xchanging, the business process, procurement and technology services provider and integrator, has announced its intention to open new delivery centers at two locations in Asia. The service provider already operates in 11 locations in the Asia Pacific region (APAC) and …
AIR Worldwide announced the opening of an office in Singapore to meet the expanding needs of clients in the Asian insurance market. “AIR has kept pace with the fast-growing markets and our equally fast-growing client base in Asia by opening …
The Guy Carpenter Asia-Pacific Climate Impact Centre (GCACIC), a joint initiative of Guy Carpenter and City University of Hong Kong, has released its third annual report, which presents the findings of the 27 research projects conducted by GCACIC members on …
Faber Global, the facultative and wholesale reinsurance arm of Willis Group Holdings, announced that it has increased its global reach by establishing a presence in Singapore to cover facultative reinsurance for Singapore and Asia. The bulletin noted that “Faber places …
“As companies continue to expand within the Asia Pacific region and beyond its borders, they are becoming increasingly exposed to risks such as Directors and Officer’s (D&O), Cyber and Professional Liability, in addition to threats stemming from mergers and acquisitions,” …
Willis Re, the reinsurance arm of Willis Group Holdings, announced the appointment of Kieran Angelini-Hurll as Regional Director of its Indian Sub-Continent, Middle East, North Africa and Turkey operations, a newly created post within the group. He will be based …
