Asia
SRG reveals deal spend in takeover year
Specialist Risk Group’s parent spent £327.32m on 10 deals in 2024, the year the takeover by Warburg Pincus and Temasek completed.
Gallagher names ex-Giles boss Lyons specialty CEO as Turner departs
Gallagher has appointed Sarah Lyons, currently CEO of its Australia and Asia business, as CEO of the London-based specialty division, succeeding Jonathan Turner.
SRG details acquisition spend in run-up to PE deal
Specialist Risk Investments, bought by Warburg Pincus and Temasek last year, spent over £65m on deals in 2023 and has detailed subsequent outlays.
SRG buys in Singapore as it starts Asia expansion
Specialist Risk Group has acquired HL Suntek Insurance Brokers based in Singapore, subject to customary closing conditions, to spearhead its expansion into Asia.
Canopius appoints Mark Newman as UK CEO
Canopius Group has named Mark Newman as UK CEO, moving from his current position of CEO for Asia-Pacific.
Sedgwick names Neil Gibson as CEO in the UK
Neil Gibson has been appointed CEO of Sedgwick in the UK, stepping up from chief operating officer of the business’ operations in the UK, New Zealand, Middle East, Africa and Asia.
Miller restructures business into two divisions
Miller has revealed that it is re-aligning its business into two divisions, Miller UK and Miller International.
Speculation links Ageas Group with a fresh takeover approach
Ageas Group is being eyed as a takeover target according to reports.
Earnix CEO warns on red flags
If a technology provider wants to change everything a company has done then it is most likely to be a “red flag”, Earnix CEO Udi Ziv told Insurance Age.
Hiscox appoints Bob Thaker as UK CEO
Insurer moves the role to Birmingham for the first time.
Axa appoints Amelie Breitburd as UK and Ireland CFO
Breitburd replaces Bertrand Poupart-Lafarge who was also interim CEO after Amanda Blanc left.
RSA sells Singapore and Hong Kong businesses to Allied World for £130m
Cash deal comes with promise of more disposals over next 18 months.
Hundreds of UK jobs at risk in next stage of Aviva cull
Hundreds of UK jobs at Aviva are set to be axed as part of its global cost-cutting programme, it has been reported.
Aviva to slash 2,000 jobs across the UK, Europe and Asia
Aviva has today confirmed that 2,000 jobs will be cut across the UK, Europe and Asia over the next six months - equating to 6% of its global workforce.
AGCS boosts financial lines team
Allianz Global Corporate & Specialty (AGCS) has appointed Kevin Northcott as the regional head of financial lines to drive product development and expand the company’s presence.
Barry Smith lands newly-created Ageas group COO role
Barry Smith has been handed a newly-created role as Ageas group COO as part of a string of high-level management promotions at the insurer.
Ex Footman James boss to lead JLT’s MGA
Former Footman James boss Paul Matthews has been recruited as CEO of JLT-owned Thistle Insurance Services.
Corporate Underinsurance: Improving understanding of business interruption cover
Last year's riots brought the problem of a lack of business interruption cover to the fore. What are the solutions to underinsurance in this area?
Capita appoints new chief of service provision from FSA
Capita Commercial Insurance Services has appointed Greg Carter as director of client services, reporting to Brent Escott, head of the general insurance division.
JLT says rating environment remains weak
Jardine Lloyd Thompson Group (JLT) has reported trading performance in line with expectations for the period 1 July to 7 November.
Survey reveals limited remote working capability in insurance
A survey by Hyland Software of insurance professionals across the UK, Europe and Asia has found that 37% of respondents changed their business model and diversified into new sectors including increased product and service lines during the economic…