Markel Insurance, the insurance operations within Markel Group, has appointed Mr Vincent Wang as Risk Engineer, Marine for Markel Underwriting Division at Lloyd's China.
The new chief of Insurance Development and Regulatory Authority (IDRA) of Bangladesh has said that the settlement of unpaid claims totalling around BDT70bn ($568m) will be her top priority, according to a news report in the financial daily, The Financial Express.
A new study by NRMA Insurance and Australian Red Cross has revealed significant gaps in household emergency plans. The study has also found that most parents lack the basic preparedness needed to respond effectively in a crisis.
The insurance sector awaits with great anticipation the outcome of the industry recapitalisation exercise, with less than a fortnight to go before the 31 July deadline for insurers to meet new minimum capital requirements,
The Finance Committee of the Jordan Insurance Federation (JIF) is studying a proposed new model and guidelines for calculating the solvency margins of insurers.
DUAL Group, an MGA, has launched its global transactional risk offering with long-term backing led by Liberty.
AI has moved from enabling attackers to operating attacks, running live intrusions with minimal human direction, compressing the time defenders have to respond and opening new attack surfaces across an enterprise, even as companies adopt technology at a pace that outstrips that of governance controls.
InsurTech Duck Creek Technologies has acquired Send Technology Solutions, an AI-native underwriting orchestration engine serving commercial, specialty and complex risk markets.
Aon has appointed Mr Sean Deehan as CEO of Strategy and Technology Group for APAC.
Willis, a WTW business, has announced the appointment of Mr Oliver Pryce as Head of Corporate Risk and Broking Southeast Asia; and the promotion of Mr Rupert Roberts to the role of Chief Commercial Officer, Asia. Both appointments are effective 4 January 2027.