SG Re has secured in-principle approval from the Monetary Authority of Singapore for registration as a general reinsurance broker, and will be commencing operations by October once its registration is complete.
Carbon capture, utilisation and storage (CCUS) has emerged as a critical tool for decarbonisation, Moreover, as such projects typically operate tight margins are heavily reliant on project finance structures, making lender confidence and investment protection critical, insurance has a pivotal role to play in enhancing CCUS.
Mitsui Bussan Pana Harrison has announced the appointment of Ms Alice Lim as Head of General Insurance.
HDI Global has launched Global Healthcare Solutions, expanding its established German medical malpractice business into an international offering for healthcare providers and care organisations. To lead the business, the company has appointed Mr Colin Lavey as Head of Global Healthcare Solutions.
Zurich Insurance Group has acquired Beazley, to create the world's largest specialty insurance business.
Everest Group has promoted Ms Nandini Mani to the role of Senior Vice President, Group Chief Claims Officer.
Marsh has appointed Mr Derek Heng as CEO of Marsh ASEAN, and Ms Peta Latimer as CEO of Marsh Singapore. In addition, Mr Heng will continue to serve as CEO, Marsh Thailand, and Ms Latimer will continue with her current responsibilities as President of Marsh's People and Investments business in Asia.
Santam Syndicate 1918, part of Santam Group, Africa's largest non-life insurer, has appointed Ms Hina Shavdia as COO.
Santam Syndicate 1918 has appointed Ms Hina Shavdia as COO.