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.
Miller has appointed Mr Tokinori Kono as head of non-marine broking in its Japanese business, Lead Insurance Services Limited.
SEADRIF Insurance Company has selected Gallagher Re, a leading reinsurance broking and advisory firm, to provide reinsurance broking and risk advisory services.
Mal Bazaar, an Egyptian InsurTech startup, has strengthened its market position after acquiring a licensed insurance brokerage and securing approval from the Financial Regulatory Authority (FRA).