Financial lines

Newline Australia opens Sydney office, names Nicholas Beswick as Head of Professional Indemnity

March 25 2024

Expanding its Australian footprint, the specialty insurer opens a Sydney branch and welcomes Nicholas Beswick.

Erwin Yu joins Sedgwick to lead TPA operations in Malaysia

March 25 2024

Moving following 3 years at Crawford & Co, Yu joins Sedgwick as Director Service Hub, Third Party Administration for Malaysia.

berkley-insurance-australia-and-frontier-partner-to-increase-capacity-for-blockchain-cover

Berkley Australia and Frontier partner to boost capacity for non-crypto blockchain firms

March 25 2024

Collaboration seeks to address limited financial lines capacity for non-crypto businesses.

Health & Safety surpasses Cyber as key concern for APAC Directors: D&O survey

March 21 2024

Top insurance priorities are multi-jurisdictional claims in Asia and settlement of claims in Australasia, according to WTW and Clyde & Co report.

Markel appoints Ray Lim as Financial and Professional Risks Underwriter in Singapore

March 20 2024

Lim has experience underwriting a diverse range of business classes and joins from QBE.

India cyber feels reinsurance capacity pinch

March 20 2024

Indian firms are clamouring for cyber cover but international reinsurers remain wary of deploying capacity.

axa-xl-appoints-timothy-smit-to-new-global-head-of-cyber-risk-strategies-role

AXA XL appoints Timothy Smit to newly created Global Head of Cyber Risk Strategies role

March 19 2024

Smit is part of AXA XL's Cyber Center of Expertise, led by Global Chief Cyber Underwriting Officer, Anthony Dagostino.

Australian MGA Agile receives in-principle approval for new Lloyd's syndicate

March 19 2024

Syndicate will be managed by Asta and focus on key growth areas, including liability, professional indemnity, accident and health, property, and travel insurance.

severity-and-frequency-of-cyber-attacks-to-rise-in-the-next-12-24-months-lloyds

Severity, diversity, and frequency of cyber losses to rise in the next 12-24 months: Lloyd's

March 18 2024

Release of unrestricted frontier LLMs resulted in a 'pivotal breakdown' of AI governance, providing unprecedented access to malicious tools.

Gallagher Re promotes Sie Liang Lau to Head of Asia Pacific Cyber

March 15 2024

Lau is a UK-qualified actuary and brings over 20 years of (re)insurance experience to his new role.

apac-insurers-eyeing-smes-for-embedded-growth-opportunity

APAC insurers eye SMEs in next phase of embedded growth

March 15 2024

SMEs, high-value products, cyber, and product innovation are in industry's crosshairs, but embedded fatigue is a concern.

hdi-global-specialty-appoints-paula-ritchie-as-head-of-single-risk-for-anz

HDI Global Specialty appoints Paula Ritchie to newly created Head of Single Risk, ANZ role

March 13 2024

Ritchie has 25 years of insurance industry experience and joins HDI from Arch Insurance Australia.

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