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BMS acquires Austbrokers Coast to Coast
17 January 2023
Australia Reporter Lyndsey Young

The addition aligns well with BMS’ ongoing expansion within the Australian market

AXA appoints Bernardo Serrano Lopez as president and CEO for Philippines
22 December 2022
Philippines Reporter Lyndsey Young

Serrano Lopez join AXA Philippines from AXA Colpatria which he developed to become the third largest insurance provider in Columbia

AM Best affirms credit ratings of Marble Reinsurance Corporation
14 November 2022
Japan Reporter Lyndsey Young

AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Marble Reinsurance Corporation (Marble Re) (Micronesia)

Burcu Akdoganlar swaps Sompo Sigorta for Turkcell
02 November 2022
Turkey Reporter Lucy Carter

Turkcell has appointed Burcu Akdoganlar as captive insurance manager, based in Istanbul

Central Bank of Bahrain reports steady results and overall growth
28 October 2022
Bahrain Reporter Lucy Carter

The Central Bank of Bahrain has reported that the country’s general insurance business contributed to 84 per cent of gross premiums written between 30 June 2021 and 2022

AM Best affirms captive rating of NEWGT
28 October 2022
Japan Reporter Jenna Lomax

The ratings reflect NEWGT’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management

COSCO joins Poseidon Principles for Marine Insurance
26 September 2022
China Reporter Lucy Carter

China-based COSCO SHIPPING’s captive insurance subsidiary has joined the Poseidon Principles for Marine Insurance

AM Best affirms positive INPEX credit ratings
05 September 2022
Hong Kong Reporter Klea Neza

AM Best has awarded a financial strength rating of A- (excellent) to INPEX insurance Ltd (ILL) (Bermuda), in addition to a long-term issuer credit rating of “a–”.

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