Hong Kong: Regulator secures conviction for suspected misappropriation of premium payment

Published on September 11, 2025
In Hong Kong, the Eastern Magistrates' Courts convicted and imposed a fine of HK$10,000 ($1,284) on Mr Yan Zhiyu, an insurance intermediary, for failing to attend without reasonable excuse an
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AXA launches its annual employee share offering

September 10, 2025
(AXA France) AXA has launched its annual capital increase reserved for group employees in France and abroad. Called "Shareplan 2025", the program is open to more than 110 000 employees across 40 countries.The transaction involves the issuance of 58 951 965 shares for a total amount of 135 million EUR (158.5 million USD).

Ryan Specialty adds Aon Re’s Bungert to Board

September 11, 2025
Ryan Specialty Holdings, Inc., an international specialty insurance firm, has appointed reinsurance industry veteran Michael G. Bungert to its Board of Directors, and as a member of its Compensation and Governance Committee, effective September 3rd, 2025.Bungert was most recently the Chairman of Aon Re Global, retiring from the position in 2024 after 11 years of service.Prior to that, he was Chief