The Auckland High Court in New Zealand has imposed a final penalty of NZ$2.1m ($1.26m) on ASB Bank for fair-dealing breaches relating to its insurance and banking services.
Zurich-based reinsurer Echo Re will soon open a reinsurance branch office in Gujarat International Finance Tec-City (GIFT City) to strengthen its decade old presence in India. The company received the approval from the International Financial Services Centres Authority (IFSCA) of India on 12 March 2026 to open its branch office.
Aon has appointed Mr Tom Langley-Poole and Mr Uday Tank as brokers in the Reinsurance Solutions Credit and Financial Risks team.
Manulife Hong Kong and Macau has appointed Mr Wilton Kee as Deputy CEO, in addition to his existing role as CFO for Hong Kong and Macau.
MSIG Asia has announced leadership changes, effective 1 April 2026.
Chubb Life has appointed Mr Jack Jiang as Chief Commercial Officer. He will also join the Chubb Life Executive Committee.
Effective 1 April, Marsh has appointed Mr Nick Studer as President and CEO of Marsh Risk, and Mr Martin South as Chief Client Officer of Marsh. Both will serve on the company's Executive Committee.
Fully integrated insurance, trust, and family office consortium, Lioner International Group, has appointed Mr Brian Kenyon as its second Group Strategic Advisor. He comes out of retirement to take the role.
HDI Global has appointed Mr David Wilson as Global Head of Claims Energy and Power. It is a newly created role that aims to strategically focus on strengthening the end-to-end energy and power proposition for clients and broker partners by bringing claims even closer to underwriting and risk expertise.