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...
Asia's catastrophe protection gap remains among the world's largest, with only 14% of disaster losses insured despite rapid growth in insured exposure across the region.
Pierre-Louis Migairou and Steven Sim take global and APAC energy roles, while Michel Krenzer will lead energy transition and Nicolas Dorgnach will relocate to Singapore.
HSBC is reportedly planning to split the global insurance CEO's responsibilities between senior executives, although the bank has yet to formally announce a successor.
The reinsurer also reported US$89.7m in net profit after tax, according to parent Fosun International's unaudited half-year results, as it continued expanding its footprint across India, Europe and North...
Mainland China earnings came under pressure from bancassurance reforms and a greater reliance on participating products, but growth elsewhere lifted group profitability.
Designed for tunnel owners, developers and contractors, the cover funds specialist rescue and crisis-response operations following major underground incidents.
