Hong Kong-based reinsurer gains AM Best A- rating for new Bermuda casualty reinsurance platform.
Reinsurance broker Gallagher Re has named Chulmin Jang as its new Korea chief, succeeding PhilWon Jeong, who becomes chairman.
Veteran broking CEO Joseph Plumeri is set to join Insurance Advisory Partners (IAP) as chairman and investor, adding heavyweight experience to the boutique advisory firm as it seeks to scale its global insurance sector footprint.
Allianz report highlights rise in shadow fleet risks, US-China trade conflict, and mis-declared cargo concerns—despite record low in total ship losses.
Corporate risk strategists increasingly view reputation as a tangible financial risk, as new WTW survey shows cyber-attacks overtaking ESG as the leading concern.
London market re/insurer Chaucer has appointed Jordan Ray as head of renewable energy and energy transition, as the Lloyd’s carrier looks to expand its footprint across the evolving energy market.
Beijing broking acquisition announced, touted as underlining Gallagher Re’s commitment to Asia Pacific; terms of the deal are not disclosed.
For Central Asian countries such as Uzbekistan and Kazakhstan, re/insurance is growing fast, but serious gaps in data and infrastructure remain.
Open modelling is about more than individual loss events, it’s about global capacity building and risk understanding, writes Dickie Whitaker, CEO, Oasis Loss Modelling Framework.
London-based broker aims to strengthen its Middle East footprint with latest acquisition in Istanbul.