trending Market Intelligence /marketintelligence/en/news-insights/trending/stw6blro0mnbglt0gap0sq2 content esgSubNav
In This List

Nexus closes deal for Malaysian underwriting manager

Blog

Perspectives from China: The Shifting Regulatory Landscape

Blog

Anticipate the Unknown: Does Supply Chain Disruption Lead to Increased Credit Risk?

Blog

Data Stories: Data insights to help alleviate business complexity amid geopolitical risks

Blog

Expand Your Perspective: Data & Distribution Q&A


Nexus closes deal for Malaysian underwriting manager

U.K. insurer Nexus Underwriting Mgmt. Ltd. has completed its acquisition of Malaysia-based underwriting manager Huntington Underwriting Ltd.

Gerard Pennefather will serve as the chairman and Anthony Egerton as managing director of the underwriting manager, which will be re-branded and traded as Nexus Structured Solutions.

Pennefather has more than 35 years of experience in insurance, corporate finance, banking and consultancy, while Egerton has previously served as a president of the Asia-Pacific region for Lloyd's of London Singapore.

Additionally, Colin Thompson, Mike Sibthorpe and Stuart Rouse will be appointed to the board, subject to requisite approvals.