Days after acquiring a Malaysian broker, Pacific Prime reaffirmed its commitment to APAC growth by announcing it had opened shop in Australia through key hire of Michael Atta.
Bloomberg reports that Fosun International is reviving plans to sell its majority stake in the Hong Kong-based reinsurer, aiming for a US$1bn valuation.
The Competition Commission of India has provided full approval for Zurich's phased acquisition, first announced in November, starting with 51% in 2024, and a further 19% within three years.
At Parliamentary inquiry, Hall said some claims 'were not handled to the standard our industry strives to achieve,' but added that industry leaders were committed to improvements.
