The insurer said any settlement would not be expected to have a material impact on its financial position or FY2027 results, based on anticipated recoveries.
The broker has set up a Digital Asset division in Hong Kong, led by Dan Dibden and Onno Sterk, after taking on Fraction Brokers' digital asset clients.
Improvement in underwriting performance attributed to a lower expense ratio and operational scale expansion, though the agency noted earnings remain reliant on investment returns to offset losses
The Singapore-based post goes to a graduate programme hire who has served as the insurer's multinational trade credit lead for EMEA and the UK since 2022.
