The deal sees BP Marsh exit Amiga while retaining a stake in Sodalis and reunites Amiga CEO Adam Kembrooke with Sodalis CEO Colin Thompson, former colleagues at Nexus.
Fitch has identified correlated aggregation risk as the key near-term concern for specialty insurers, even as the agency maintains a broadly contained ratings outlook.
Legacy insurer has named Mark Fleiser as managing director of its new Australian operation, following the acquisition of a local insurer and a legacy portfolio from Zurich.
Swiss Re reports that Australian life insurers achieve a A$26.89 return for every A$1 spent on rehabilitation, but most claimants are referred after long delays.
The upgrade to 'AA' reflects S&P's view that Sun Life will maintain strong capital support for its Hong Kong unit as it expands through agency, broker, and digital channels.
Ralph Sherbahn leads MGA's Hong Kong business, which launches with AXA XL capacity and a focus on lines including cyber, D&O, and professional liability.
The FSU is demanding transparency on the full scale of planned job cuts at Acenda after three rounds of redundancies impacted 280 workers across departments.
Bruce Ford, Goh Thian Leong, Mark Foster, and Florence Lam Puoy Yin have joined the reinsurance broker as part of its strategic treaty expansion in Asia.
