Howden, a global insurance intermediary group, has entered the Japanese market, launching Howden Re Japan and an insurance-linked securities (ILS) partnership with Keystone ILS Capital.
WTW has appointed Mr James Baum as head of Australia and New Zealand, and head of corporate risk and broking (CRB) Australia and New Zealand, effective 15 July 2024.
Steadfast Group (Steadfast) has appointed Mr Kasun Jayaratne as general manager AU network, broker, risk and insurer services, a newly created role.
Oneglobal Broking (Oneglobal) has appointed Mr Andrew Ko as executive director. In his new role, he will oversee the growth and development of Oneglobal's business in Hong Kong and Greater China.
Lockton, the world's largest independent and privately held insurance brokerage, reported global revenue of $3.55bn for its fiscal year ended 30 April 2024 (FY2024), compared to $3.09bn in FY2023.
Steadfast Group (Steadfast) has appointed Mr Nick Cook as executive general manager - Australasian networks, broker and insurer services; Mr Mark Senkevics as executive general manager - underwriting agencies, alternative risk transfer (ART), reinsurance and life, effective 1 July 2024 and Ms Meagan Jeffery as executive general manager - technology & information, effective 8 July 2024.
UIB Asia has appointed Mr Richard Oh as senior executive director (head of marine treaty and facultative), Ms Rita Au as senior executive (broking support), Mr Saw Tong Nee as executive director and head of the facultative and specialty division and Ms Tam Hui Von as broking executive in the facultative and specialty division.
The Shanghai International Reinsurance Trading Centre has signed several pacts to build a unified, open, efficient, and modern reinsurance trading market.
The IRDAI has approved the withdrawal of Paytm General Insurance Limited's (PGIL) application for a general insurance licence, according to Indian multinational technology company One 97 Communications, owner of Paytm, in a stock exchange filing on 12 June 2024.
Beijing-based Internet insurance intermediary platform company Yuanbao is preparing for a listing in the US, and attending to regulatory directives to furnish information for the IPO.