Sompo International has reported an adjusted profit of $1.38 billion for the 2024 financial year (FY2024), an increase of $230 million year-over-year, driven by robust top-line growth, reduced adverse prior-year development, and higher net investment income. Meanwhile, the firm reported gross written premiums (GWP) of $16.53 billion for FY2024, up from $15.62 billion in FY2023. […]

Commercial and specialty lines insurer HDI Global has announced the appointment of Phil McDowell as Global Sales & Distribution Lead for International Programmes and Captives. Based in London, McDowell will work within the global International Programmes (IP) department, focusing on strengthening relationships with global and international brokers. His priorities include enhancing HDI Global’s IP and […]

Vincent J. Gaffigan has been appointed U.S. Market Strategy and Engagement Group Leader at Lockton, reporting to Devin Beresheim, Lockton U.S. Risk Solutions Leader. Gaffigan will leverage his 35 years in the industry to strengthen the company’s deep relationships with its trading partners while advancing the use of market intelligence and analytics to deliver tailored […]

Zurich Insurance Asia Pacific has announced the appointment of Theo Pitsikas as Head of SME APAC, in which he will be responsible for leading efforts across Asia Pacific markets to strengthen the group’s presence within the Small to Medium Size Enterprise (SME) segment. Due to the relatively low penetration in developing markets for SME in […]