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Sompo eyes bigger piece of the pie, with Hong Kong’s ‘vibrant’ IPO boom creating opportunities for D&O insurance
Insurer wants to continue to scale up its APAC financial lines business in 2026, Emily Poh, head of financial lines for APAC, tells InsuranceAsia News.
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Seadrif, Philippines join hands to explore disaster insurance facility for public assets
Seadrif Sovereign Asset and Fiscal Empowerment facility is intended to ensure uninterrupted delivery of essential services to citizens in the aftermath of natural disasters.
Seadrif, Philippines join hands to explore disaster insurance facility for public assets
Seadrif Sovereign Asset and Fiscal Empowerment facility is intended to ensure uninterrupted delivery of essential services to citizens in the aftermath of natural disasters.
Seadrif Sovereign Asset and Fiscal Empowerment facility is intended to ensure uninterrupted delivery of essential services to citizens in the aftermath of natural disasters.
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Australia’s criminal code amendment ‘an important step’, ARPC CEO says
Update ensures 'Australia’s terrorism insurance framework keeps pace with the changing nature of the terrorism risk', Christopher Wallace says.
Australia’s criminal code amendment ‘an important step’, ARPC CEO says
Update ensures 'Australia’s terrorism insurance framework keeps pace with the changing nature of the terrorism risk', Christopher Wallace says.
Update ensures 'Australia’s terrorism insurance framework keeps pace with the changing nature of the terrorism risk', Christopher Wallace says.
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Willis promotes Conor Keating, Carlos Grijalva to pan Asian cyber roles
Appointments 'reflect the depth of talent within our team', Peter Foster, chairman of global finex cyber and cyber risk solutions at Willis, said.
Willis promotes Conor Keating, Carlos Grijalva to pan Asian cyber roles
Appointments 'reflect the depth of talent within our team', Peter Foster, chairman of global finex cyber and cyber risk solutions at Willis, said.
Appointments 'reflect the depth of talent within our team', Peter Foster, chairman of global finex cyber and cyber risk solutions at Willis, said.
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From AI to climate change and fraud, 3 takeaways from the Insurance Innovators Summit
Innovation on the agenda in London, but rising risks continue to test the market.
From AI to climate change and fraud, 3 takeaways from the Insurance Innovators Summit
Innovation on the agenda in London, but rising risks continue to test the market.
Innovation on the agenda in London, but rising risks continue to test the market.
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DB Insurance’s Fortegra deal faces Tiptree shareholder opposition
Minority shareholder Veradace Partners has alleged that the US$1.65bn sale is at an 'inadquate valuation' and out of line with shareholders' interests.
DB Insurance’s Fortegra deal faces Tiptree shareholder opposition
Minority shareholder Veradace Partners has alleged that the US$1.65bn sale is at an 'inadquate valuation' and out of line with shareholders' interests.
Minority shareholder Veradace Partners has alleged that the US$1.65bn sale is at an 'inadquate valuation' and out of line with shareholders' interests.
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Hannover Re reports US$105m Myanmar earthquake losses
March quake that also hit Thailand is the reinsurer’s second largest net individual loss in the first nine months of the year.
Hannover Re reports US$105m Myanmar earthquake losses
March quake that also hit Thailand is the reinsurer’s second largest net individual loss in the first nine months of the year.
March quake that also hit Thailand is the reinsurer’s second largest net individual loss in the first nine months of the year.
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HDI Global launches Middle East energy hub with John Morrell at the helm
The Dubai-based team, which has also added Shumaila Shakeel, will focus on generating new clients in the region while existing relationships will be managed by its Singapore hub.
HDI Global launches Middle East energy hub with John Morrell at the helm
The Dubai-based team, which has also added Shumaila Shakeel, will focus on generating new clients in the region while existing relationships will be managed by its Singapore hub.
The Dubai-based team, which has also added Shumaila Shakeel, will focus on generating new clients in the region while existing relationships will be managed by its Singapore hub.
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Ongoing reserve adjustments, slow business growth to hurt Eka Lloyd: Fitch Ratings
Global rating agency downgrades PT Asuransi Eka Lloyd Jaya’s insurer rating to BBB (idn) from BBB+(idn).
Ongoing reserve adjustments, slow business growth to hurt Eka Lloyd: Fitch Ratings
Global rating agency downgrades PT Asuransi Eka Lloyd Jaya’s insurer rating to BBB (idn) from BBB+(idn).
Global rating agency downgrades PT Asuransi Eka Lloyd Jaya’s insurer rating to BBB (idn) from BBB+(idn).
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Marsh names Guy Bessis as power and energy chairman for India, the Middle East, and Africa
Dubai-based Bessis previously held the global head of sales for energy and power position for over 17 years.
Marsh names Guy Bessis as power and energy chairman for India, the Middle East, and Africa
Dubai-based Bessis previously held the global head of sales for energy and power position for over 17 years.
Dubai-based Bessis previously held the global head of sales for energy and power position for over 17 years.
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IAG receives over 10,000 claims from significant weather events across Queensland, NSW, Victoria
Majority relate to motor and property hail damage, with over half from customers of RACQ Insurance, which IAG acquired in September.
IAG receives over 10,000 claims from significant weather events across Queensland, NSW, Victoria
Majority relate to motor and property hail damage, with over half from customers of RACQ Insurance, which IAG acquired in September.
Majority relate to motor and property hail damage, with over half from customers of RACQ Insurance, which IAG acquired in September.
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Willis creates Asia data centre practice amid ‘unprecedented growth’
Unit will be managed in Singapore by Lay See Ong.
Willis creates Asia data centre practice amid ‘unprecedented growth’
Unit will be managed in Singapore by Lay See Ong.
Unit will be managed in Singapore by Lay See Ong.
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CVC joins EQT’s bid for AUB Group
Australian-listed broker permits the two PE firms to form a consortium and extend the exclusivity agreement to December 4.
CVC joins EQT’s bid for AUB Group
Australian-listed broker permits the two PE firms to form a consortium and extend the exclusivity agreement to December 4.
Australian-listed broker permits the two PE firms to form a consortium and extend the exclusivity agreement to December 4.
Popular posts:
- Nexus’ Hong Kong, Labuan underwriting business acquired by Huntington
- Megan Shao rejoins Zurich as chief claims officer for APAC
- Michael Parrant confirms WTW cyber switch after 23 years with Aon
- Not just capital: Hanoi Re in active discussions with strategic investors to grow business in Southeast Asia and beyond
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SIRC: From capacity to AI, 5 key themes from 2025’s jam-packed edition
We bring you the big takeaways from last week's event in Singapore, and what they mean for the upcoming renewals.
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Climate change reality means its time for insurers to step up and play a part, Zurich Insurance’s EMEA CEO says
Alison Martin was speaking this week at the 25th annual Insurance Innovators Summit in London.
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Space race creates need for insurers to launch new approach to risk
Insurers are concerned by the ‘run, fail, fix it’ approach adopted by the new breed of space companies.
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SOS: insurers fear Net-Zero Framework delay will send decarbonisation progress off course
International Maritime Organization's framework was approved in April and was expected to be formally adopted at a special meeting in London earlier this month.
Between The Lines
A fortnightly podcast that unpacks the pivotal stories and trends shaping the (re)insurance industry across Asia Pacific.
Spotlight
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Sompo eyes bigger piece of the pie, with Hong Kong’s ‘vibrant’ IPO boom creating opportunities for D&O insurance
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Rokstone sets sail for marine growth in Asia amid regional expansion
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Howden remains aggressive on Asia growth, with Japan, employee benefits as key priorities: Rohan Bhappu
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Markel Greater China targets double-digit growth, doubles down on marine, AI risks
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Japanese offshore wind a ‘big opportunity’ for (re)insurers: Tokio Marine
M&A
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DB Insurance’s Fortegra deal faces Tiptree shareholder opposition
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CVC joins EQT’s bid for AUB Group
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AUB Group’s exclusivity period with EQT for takeover extended by 2 weeks
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Exclusive: Nexus’ Hong Kong, Labuan underwriting business acquired by Huntington
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Marsh completes acquisition of Mitsubishi Electric Insurance Service, appoints Ichiro Seino as president and CEO
ESG
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Carbon credit specialist Oka launches in Singapore
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‘You can’t do it as a hobby’: ESG must be a clear business model with easily measurable targets
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Carbon specialist Kita expands into Australia
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Maritime decarbonisation efforts need liability certainty to stay on course amid ‘pressing challenge’
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With Donald Trump’s ESG curveball, what’s the outlook for APAC liability coverage?
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SIRC: From capacity to AI, 5 key themes from 2025’s jam-packed edition
We bring you the big takeaways from last week's event in Singapore, and what they mean for the upcoming renewals.
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SIRC: APAC demand is there, Miller says, ahead of broad-based market softening
Broker has continued its buildout in Asia following the opening of its South Korea office in February.
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SIRC: HDI Global focuses on building out Southeast Asia energy hub
Malaysia, Thailand, and Indonesia are of significant interest to us, says the specialty carrier’s MD Alex Tarantino.
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SIRC: Booming and unconstrained property speculation fuelling India flood risk, Moody’s says
While climate variability is clearly playing a part in the increasing frequency of flood losses, it's only a part of the picture.
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SIRC: Verisk eyes expansion of hail risk solutions to Japan
The data analytics provider will also roll out its flood models for Australia and New Zealand in 2027.
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SIRC: Reinsurers continue to be bottom-line focused: AM Best
Q&A with AM Best’s Christie Lee, senior director, head of analytics and head of North East Asia, and Victoria Ohorodnyk, director and head of analytics for Southeast Asia, Australia and New Zealand.
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SIRC: Antares seeks to beef up business lines in 2026, with cyber and terrorism focus
Insurer, which celebrates in its 10th anniversary this week, is looking to ‘fight our corner’, CEO Mike van der Straaten says.
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SIRC: Taiping Re sees more substantive discussions around deductibles, expanded coverage options, frequency protections
Hong Kong-based reinsurer’s CEO Yu Xiaodong says the reinsurer strengthens market position with strategic insight and innovation.
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SIRC: Improved performance could see insurers retain more of the risk, Munich Re’s Kotak
Reinsurer’s regional head offers insights into slow demand growth, impact of consolidation and cautions against the growing cost of acquisition for insurers.
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SIRC: Motivated market drives appetite for alternative structures: Gallagher Re’s Jones
With both insurers and reinsurers pursuing growth, the broker expressed a strong sense of optimism for clients during the 1.1 renewals.
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Cybersecurity is no longer just an IT concern, but a governance issue that belongs on the boardroom agenda.
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Insurance industry needs to recalibrate, invest in innovation and strengthen systems, talent and data practices.
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Willis promotes Conor Keating, Carlos Grijalva to pan Asian cyber roles
Appointments 'reflect the depth of talent within our team', Peter Foster, chairman of global finex cyber and cyber risk solutions at Willis, said.
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HDI Global launches Middle East energy hub with John Morrell at the helm
The Dubai-based team, which has also added Shumaila Shakeel, will focus on generating new clients in the region while existing relationships will be managed by its Singapore hub.
-
Marsh names Guy Bessis as power and energy chairman for India, the Middle East, and Africa
Dubai-based Bessis previously held the global head of sales for energy and power position for over 17 years.
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Willis creates Asia data centre practice amid ‘unprecedented growth’
Unit will be managed in Singapore by Lay See Ong.
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Megan Shao rejoins Zurich as chief claims officer for APAC
Shao had served as head of claims for Asia at Axa XL since March.
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Michael Parrant confirms WTW cyber switch after 23 years with Aon
Melbourne-based Parrant joins WTW as the director of its cyber practice.
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Edme Insurance Brokers taps Gallagher Re’s Vinod Krishnan as treaty reinsurance division CEO
Krishnan brings over three decades of experience across South Korea, South Asia and Southeast Asia.
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Howden launches Japan marine insurance services, names Koji Aragane as director
Aragane recently spent just over five years as CEO of Steamship Mutual's Japan branch.
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Willis names Vijay Nair as head of tax Insurance for APAC
Singapore-based Nair joins Willis’ M&A business within the finex specialty business.
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The Hartford appoints Qingyang Liu as underwriter for credit and political risk team
He will work alongside Shuohan Dai, senior underwriter for credit and political risk and Zhenghong Pan, principal officer and underwriting manager for financial lines.
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Nuclear: "The insurance sector is poised to play a central and enabling role in Asia’s nuclear expansion. As countries in the region move from exploration to active planning and construction – especially with a focus on SMRs – they will require innovative risk transfer solutions."
Clifford Blayney, Markel International
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Lloyd’s Asia surpasses US$1bn GWP milestone in 2024 amid double-digit growth
Offshore fund demonstrates strong performance despite challenges in the Singapore unit and varied underwriting results across business lines.
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Hong Kong’s P&C reinsurance market narrows gap with Singapore
Hong Kong benefitted from RBC implementation in 2024, however, Singapore retained top spot in terms of GWP and underwriting results.
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Short-tail performance boost for Australia’s P&C carriers
APRA data shows general insurance COR improves in Q4 2024, while profit after tax almost doubles to US$1bn.
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Australian intermediated premiums grow 8.2% in 2023-24
While the GWP placed with Lloyd’s in the 12 months grew at a comparable pace, business placed with unauthorised foreign insurers declined marginally.
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Alternative risk solutions on the table for non-modelled perils at 1.1 renewals
The APAC reinsurance market is transitioning from a market of corrections to a market of solutions, Tony Gallagher, CEO, Asia Pacific, Guy Carpenter tells InsuranceAsia News.
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Hong Kong premium growth and claim frequency are converging to normal level: HKIA
According to 2023 data from the regulator, the SAR's general insurance business reported the worst overall loss ratio in five years at 62.8%, while COR sank to a near five-year low after an 8.3 percentage point deterioration year-on-year.
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APAC 2023 marine premiums up 7.5% as global trade recovery drives cargo insurance growth
While the upswing in trade is expected to help premium growth and and the overall claims impact remained stable, uncertainty posed by geopolitical tensions and regional economic outlook could impact the sector.
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Australian underwriters incur 23% lower public liability claims in 2023
Lloyd's public liability claims doubled and PI claims went up 13 times in the country in the last year while other insurers' PI claims were 9% higher year-on-year across all states, according to the 2023 claims data released by the Australian Prudential Regulation Authority.
Carlos Grijalva, cyber leader, Hong Kong and Greater China at WTW, talks to InsuranceAsia News about the development of the cyber market in Asia.
Cyber insurance has a long way to go to reach next level, says WTW’s Carlos Grijalva, amid soaring demand in Asia
Building resilience and mitigating risk in APAC's commercial property insurance market
Martin Au-Yeung, Vice President, Division Underwriting Manager at FM
W&I: "W&I is now being utilised with increasing frequency across a far broader range of deal sizes and geographies in the region. Coverage terms have broadened, retentions have fallen, and underwriting processes are being continually refined to become increasingly streamlined."
Keshaya Yap, Liberty Global Transaction Solutions