Texel has appointed Ms Angela Chang as managing director of Texel Asia; Mr Jonathan Crossfield as CFO, a newly created role and Mr William Shaw as deputy CEO.
The engineering insurance branch has posted the highest growth rate this year to date, with a rate of increase of 73% in the first five months.
Bermuda-domiciled specialty insurance carrier Relm Insurance has entered the MENA region through the acquisition of B&F Partners Ltd., now known as Relm Insurance MENA Ltd.
London-headquartered Africa Specialty Risks (ASR), the pan-African and Middle East focused reinsurance group, has officially opened its Dubai office, its first in the Middle East.
Argenta Holdings yesterday announced that the Sydney office of its service company, Argenta Underwriting Asia, which operates on the Lloyd's Australia platform, will close with immediate effect.
Managing director of HDI Global (HDI), Mr Stefan Feldmann, will now be fully responsible for both commercial and specialty business in Australia and New Zealand. He has been managing director of HDI Global Australia since 2012. His new responsibilities are subjective to regulatory approval and effective 1 July 2024.
An open architecture for insurance agents, the review of rules covering investment distribution and the development of natural disaster insurance are among issues that the insurance industry in India wants the new federal government to address.
Specialist Risk Group (SRG), a specialist insurance intermediary, yesterday announced that it had signed a definitive agreement to be acquired by Warburg Pincus, a leading global growth investor, and Singapore's Temasek, a global investor.
Chubb has appointed Ms Kate Burke as head of international personal lines (IPL), APAC. In her new role, she will be responsible for growing the auto, residential, specialty and high net worth lines of business across Chubb's APAC operations.
Africa Specialty Risks (ASR), the pan-African focused (re)insurance group, has launched ASR Syndicate 2454 focused on underwriting business across Africa.