Allianz Partners names new regional CEO for Asia-Pacific

spike

Allianz Partners has appointed Vinay Surana (pictured) to the role of regional chief executive officer for Asia-Pacific, effective March 23, 2020.

Based in Singapore, Surana will lead the Asia Pacific business, which encompasses the regions of Australasia, China, Japan, India, and Southeast Asia. He will report directly to Allianz Partners global head of markets and board member Dan Assouline.

“Vinay has a proven performance history of leading high-calibre teams in transforming businesses, developing new channels and models, and delivering sustainable, profitable growth,” commented Assouline on Surana’s appointment. “I’m confident that Vinay will bring his extensive knowledge of the APAC region

Read More

RKH taps Paul O’Neill as Asia-Pacific CEO

spike

RKH Specialty has hired Paul O’Neill as CEO for its Asia-Pacific business, based in Singapore. He succeeds Stuart Beatty, who will move to a new role as head of RKH Reinsurance Brokers APAC.

According to a statement by RKH, O’Neill will join on May 01, and will assume the role of CEO once local regulatory approvals have been obtained.

O’Neill was previously the chief underwriting officer of specialty at Allianz Global Corporate & Specialty (AGCS), as well as a member of its board of management. This latest appointment marks his return to the Asia-Pacific region, as he was regional manager

Read More

Swiss Re confirms big commitment to support global COVID-19 relief efforts

spike

Reinsurance giant Swiss Re Group has committed CHF5m (US$5.2 million) to support global COVID-19 relief efforts, particularly in developing countries.

The pledge has been made through the reinsurer’s non-profit grant foundation, the Swiss Re Foundation, which will distribute the funds to organisations tackling the current crisis.

The foundation will contribute CHF1 million (US$1.04 million) each to the International Committee of the Red Cross, which provides humanitarian aid in the world’s most vulnerable regions, and Médecins Sans Frontières (Doctors Without Borders), which assists local health institutions worldwide in providing patient support and training for medical staff.

The remaining CHF3 million (US$3.1

Read More

North P&I Club expands reach of COVID-19 tracker

spike

Global marine insurer North P&I Club has developed a new COVID-19 tracking tool. North has made the tool available as a shared resource to the International Group of P&I Clubs.

The tool was first released by North in February. It details the extent of the COVID-19 outbreak and the response measures that have been introduced in a single digital dashboard, including country- and port-specific advice for shipowners, charterers, operators and others, North said.

The tool utilises information provided by IG club correspondents across the globe, as well as the International Maritime Organisation and the World Health Organisation. The tool also

Read More