Bahrain: Insurance market on verge of a shake-up with acquisition offer by Solidarity Group

Published on August 1, 2024
Bahrain National Holding (BNH) has received a binding offer from Solidarity Group Holding for the acquisition of 100% of its wholly-owned insurance subsidiaries, BNH says in a stock exchange
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Howden acquires Allianz Musical Insurance business

August 1, 2024
Global insurance intermediary group Howden has announced the acquisition of Allianz UK’s Musical Insurance business, which it will incorporate into its music scheme, Lark Music.Following the transaction, the business’ customer base, marketing and operations teams will transfer into Howden’s Lark Music, which currently primarily services higher value instruments.This acquisition complements Lark Mu

Lockton appoints Sung Wook Han as Regional Head of Marine for Asia

August 1, 2024
Independent insurance broker Lockton has announced the appointment of Sung Wook Han as Regional Head of Marine for Asia.Sung started his new role on August 1st, having joined Lockton from WTW, where he most recently served as Head of International Hull, based in London.During his 15-year tenure with WTW, Sung was instrumental in significantly increasing the company’s Marine profile and revenues.Hi