China Life, PICC, China Taiping, Sinosure, and China Re will take up to CNY70bn (US$10.4bn) of a CNY360bn recapitalisation that also covers three state banks.
XS Global has appointed former Gallagher Re Asia-Pacific chairman Mark Morley as managing director, Asia Pacific Treaty, the independently owned MGA announced on Friday.
Morley joins after more than...
Alexander Roth will lead the unit, which pulls structured reinsurance, analytics and capital markets specialists together to serve clients in Europe, Asia and other markets.