Effective 1 April, Marsh has appointed Mr Nick Studer as President and CEO of Marsh Risk, and Mr Martin South as Chief Client Officer of Marsh. Both will serve on the company's Executive Committee.
Lockton China has appointed Mr Livy Dai as CEO, subject to regulatory approval. He brings nearly 30 years of risk management and insurance brokerage experience, along with a wealth of industry insights, to the role.
Three licensed insurance brokers in Hong Kong have been hit with a HK$429,000 ($54,900) fine for failing to comply with the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, according to a press release by Hong Kong's insurance regulator on 4 March 2026.
Aon has appointed Mr George Attard Global Head of Analytics for Reinsurance. He retains his role as Chief Strategy Officer for Reinsurance Solutions.
Specialty (re)insurance broker Consilium has launched its Energy Risk Solutions Division, and also appointed Mr Johnny Hilliard as Managing Partner.
Miller, the independent specialist (re)insurance broker, has agreed to acquire Shields Reinsurance Brokers (Shields", an independent reinsurance broker based in Dubai, subject to regulatory approval.
The market for insurance intermediary licenses has cooled significantly, with prices plunging amid a drought of deals and waning investor interest.
Gallagher Re has promoted Mr Richard Jones to the position of Chairman, APAC, and Mr Roshan Perera to the position of Managing Director, Head of APAC.