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Changing economics of insurance call for transparency, long-term view: Prudential’s Douglas Flint
Insurers must evolve from sellers of products into long-term 'life partners' for ageing populations, a shift that will require regulators, governments and educators to work together, says the insurer's chairman.
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AIA hires ex-HSBC insurance chief Edward Moncreiffe to lead India, Sri Lanka, Australia, New Zealand
He will start in the regional CEO role on November 2.
AIA hires ex-HSBC insurance chief Edward Moncreiffe to lead India, Sri Lanka, Australia, New Zealand
He will start in the regional CEO role on November 2.
He will start in the regional CEO role on November 2.
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Taiwan shuts down as Typhoon Champi skirts eastern coast
It is the 30th typhoon in the Pacific this year as El Nino's impact continues to be felt across the region.
Taiwan shuts down as Typhoon Champi skirts eastern coast
It is the 30th typhoon in the Pacific this year as El Nino's impact continues to be felt across the region.
It is the 30th typhoon in the Pacific this year as El Nino's impact continues to be felt across the region.
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Malaysian central bank extends RHB-Tokio Marine insurance merger deadline to February
RHB Insurance proposes to merge with the Japanese insurer's Malaysian unit, with RHB retaining a 35% stake.
Malaysian central bank extends RHB-Tokio Marine insurance merger deadline to February
RHB Insurance proposes to merge with the Japanese insurer's Malaysian unit, with RHB retaining a 35% stake.
RHB Insurance proposes to merge with the Japanese insurer's Malaysian unit, with RHB retaining a 35% stake.
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Asia insurance rates fell 6% in Q3, extending decline to 11th straight quarter: Marsh
Property insurance rates fell 7%, while financial and professional lines and cyber insurance rates declined 6%.
Asia insurance rates fell 6% in Q3, extending decline to 11th straight quarter: Marsh
Property insurance rates fell 7%, while financial and professional lines and cyber insurance rates declined 6%.
Property insurance rates fell 7%, while financial and professional lines and cyber insurance rates declined 6%.
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Pacific insurance rates dropped 12% in Q3 as soft market persists
The 11th straight quarter of falling insurance rates is led by a 14% drop in property, according to Marsh’s Global Insurance Market Index.
Pacific insurance rates dropped 12% in Q3 as soft market persists
The 11th straight quarter of falling insurance rates is led by a 14% drop in property, according to Marsh’s Global Insurance Market Index.
The 11th straight quarter of falling insurance rates is led by a 14% drop in property, according to Marsh’s Global Insurance Market Index.
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‘Defining moment’ as UK P&I Club, TT Club complete Thomas Miller acquisition
Joint acquisition marks a major milestone in the creation of the United Transport Mutual in February.
‘Defining moment’ as UK P&I Club, TT Club complete Thomas Miller acquisition
Joint acquisition marks a major milestone in the creation of the United Transport Mutual in February.
Joint acquisition marks a major milestone in the creation of the United Transport Mutual in February.
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IAG confident RACI deal will be completed in 2027 despite opposition
Managing director and CEO Nick Hawkins tells IAG's AGM that the insurer is continuing to work through the process as it seeks to win the Australian competition regulator’s approval.
IAG confident RACI deal will be completed in 2027 despite opposition
Managing director and CEO Nick Hawkins tells IAG's AGM that the insurer is continuing to work through the process as it seeks to win the Australian competition regulator’s approval.
Managing director and CEO Nick Hawkins tells IAG's AGM that the insurer is continuing to work through the process as it seeks to win the Australian competition regulator’s approval.
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Chubb veteran Jay Santos relocates to Singapore as head of property
He was most recently deputy property manager for Victoria and Tasmania for Chubb in Australia.
Chubb veteran Jay Santos relocates to Singapore as head of property
He was most recently deputy property manager for Victoria and Tasmania for Chubb in Australia.
He was most recently deputy property manager for Victoria and Tasmania for Chubb in Australia.
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Aviso Specialty taps Ashish Bhattacharya as Pacific head of real estate
He previously led Lockton's real estate business in Australia.
Aviso Specialty taps Ashish Bhattacharya as Pacific head of real estate
He previously led Lockton's real estate business in Australia.
He previously led Lockton's real estate business in Australia.
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Oneglobal ships in Maxence Servelle to lead Asia cargo
Singapore-based Servelle joins from Diot-Siaci, where he was Asia head of marine cargo.
Oneglobal ships in Maxence Servelle to lead Asia cargo
Singapore-based Servelle joins from Diot-Siaci, where he was Asia head of marine cargo.
Singapore-based Servelle joins from Diot-Siaci, where he was Asia head of marine cargo.
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Howden adds Yuchen Yang to China M&A team in Beijing
She joins from energy IoT solution provider NewLink, where she was a senior legal manager.
Howden adds Yuchen Yang to China M&A team in Beijing
She joins from energy IoT solution provider NewLink, where she was a senior legal manager.
She joins from energy IoT solution provider NewLink, where she was a senior legal manager.
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Arch Insurance Australia hires Shawn Jarman as senior casualty underwriter
He joins from the Victorian Managed Insurance Authority, while he has also held underwriting and account management roles at Epsilon Underwriting, Allianz and Vero Insurance.
Arch Insurance Australia hires Shawn Jarman as senior casualty underwriter
He joins from the Victorian Managed Insurance Authority, while he has also held underwriting and account management roles at Epsilon Underwriting, Allianz and Vero Insurance.
He joins from the Victorian Managed Insurance Authority, while he has also held underwriting and account management roles at Epsilon Underwriting, Allianz and Vero Insurance.
Popular posts:
- Chubb veteran Jay Santos relocates to Singapore as head of property
- Riyadh attacks test aviation insurers’ appetite for Middle East risk
- Japan’s MS&AD considering deal for Malaysian insurer LPI Capital: Bloomberg
- ‘A lot of hunger to grow’: strong reinsurer results drive further softening in APAC, Howden Re’s Andy Souter says
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‘Don’t carve it out’: insurers push back on blanket AI exclusions as adoption surges
Insurers are resisting blanket AI exclusions, warning they would create protection gaps as AI becomes embedded in everyday business operations.
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A long way from chicken sheds, BESS market comes of age as insurers face new data centres co-location exposure
Battery energy storage system (BESS) pricing has fallen sharply, but thermal runaway remains a concern for insurers, Tom Harries, director of energy, power, and infrastructure at broker Amwins, tells InsuranceAsia News' Between the Lines podcast.
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‘A lot of hunger to grow’: strong reinsurer results drive further softening in APAC, Howden Re’s Andy Souter says
Reinsurers face growing pressure to improve terms and offer innovative structures at 1.1 renewals amid intense competition, according to the broker’s APAC head tells InsuranceAsia News.
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Riyadh attacks test aviation insurers’ appetite for Middle East risk
Insurers weigh continued support for aviation clients against escalating war risks after Houthi attacks on Riyadh's King Khalid International Airport destroy six aircraft and threaten Saudi airspace.
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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Gallagher Specialty eyes Hong Kong, South Korea, Thailand as it bids to be ‘market disruptor’
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The Hartford targets APAC growth with Singapore energy launch in Q1 2027
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‘Many don’t appreciate what can go wrong’: bloodstock insurance finds its footing in North Asia
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Asia emerges as international programs hub as regional firms centralise risk management: HDI Global
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‘Good times’ for India’s reinsurance buyers despite rising El Nino climate risk: Edme’s Vinod Krishnan
M&A
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Malaysian central bank extends RHB-Tokio Marine insurance merger deadline to February
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IAG confident RACI deal will be completed in 2027 despite opposition
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AUB Group to acquire Aon’s One Underwriting Australia
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Japan’s MS&AD considering deal for Malaysian insurer LPI Capital: Bloomberg
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IAG offers to trade NRMA Western Australia renewal rights for RACI deal approval
ESG
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Lloyd’s looks for new way to meet diversity challenge after scrapping Dive In festival after 12 years
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Swiss Re faces activist scrutiny for underwriting new LNG terminals, CEO defends ‘very robust’ ESG framework
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QBE hands Mandy Chan expanded role as head of operational power generation, ESG for Asia
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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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Planning for future conditions from the outset can improve operational reliability, reduce potential disruption and protect long-term asset value.
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Captive insurance has evolved from niche tool to strategic risk infrastructure in Asia, with connected claims data seen as key to unlocking its full value.
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Are insurers capturing full value from the asset class? BlackRock shares its perspective.
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AIA hires ex-HSBC insurance chief Edward Moncreiffe to lead India, Sri Lanka, Australia, New Zealand
He will start in the regional CEO role on November 2.
-
Chubb veteran Jay Santos relocates to Singapore as head of property
He was most recently deputy property manager for Victoria and Tasmania for Chubb in Australia.
-
Aviso Specialty taps Ashish Bhattacharya as Pacific head of real estate
He previously led Lockton's real estate business in Australia.
-
Oneglobal ships in Maxence Servelle to lead Asia cargo
Singapore-based Servelle joins from Diot-Siaci, where he was Asia head of marine cargo.
-
Arch Insurance Australia hires Shawn Jarman as senior casualty underwriter
He joins from the Victorian Managed Insurance Authority, while he has also held underwriting and account management roles at Epsilon Underwriting, Allianz and Vero Insurance.
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Skuld’s Wei Fan to take Hong Kong helm in late 2027, Patrick Wang to chair Far East unit
P&I club unveil a global restructuring, which will see Nick March handed an expanded remit as Singapore and Japan head.
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IndusInd General Insurance appoints Sharad Mathur as new CEO, managing director
He previously led Universal Sompo General Insurance.
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Senior liability underwriter Jane Makin swaps Berkley Insurance Australia for Dual Australia
She had spent over three and a half years at Berkley Insurance Australia having joined from Inglis Insurance Brokers as an underwriter in March 2023.
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Siew Choo Tan to succeed Ivan Chan as Helvetia Asia CEO
Chan, who held the role for the last nine years, will transition into the role of senior adviser 'for a defined period during the handover phase,' also effective from January 1.
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Gallagher Australia hires John Mutton to lead affinity business
Mutton will start early 2027 and report to Alex Lumby, the broker’s Australia CEO.
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Risk management: "Adequate liability limits are therefore an essential component of risk management for high-hazard operations."
Marc Burban, Asian Risks Management Services
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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
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Lloyd’s Asia GWP growth stalls at US$1.2bn in 2025, but underwriting gain soars 24%
Monetary Authority of Singapore filings show premium growth flatlined after a 17% jump the year before, even as it posted stronger underwriting gains and a 10% increase in net profit.
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US$100bn cat bond market ‘in reach’ as 2026 heads for record issuance: Gallagher Re
Strong demand from investors for new perils and for risk from underrepresented regions such as Asia Pacific, according to Jason Bolding, CEO of Gallagher Securities.
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Insurance seen as ‘genuine tipping point’ for Asia’s first major carbon capture, storage hubs
Consortium identifies India, Indonesia, Malaysia, and Australia as potential storage sites across the Asia Pacific, but insurers warn projects may not secure financing without long-term risk cover.
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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.
No change, but headwinds remain ahead of 1.1 renewals: Howden Re’s Andy Souter
Andy Souter, head of APAC at Howden Re, speaks to InsuranceAsia News about the broker’s expectations for the coming 1.1 renewals, and Howden Re’s growth ambitions in the region.
Asia domiciled sidecars show ‘untapped potential’ for reinsurers: MS Amlin’s William Ho
William Ho, CEO of Asia Pacific at MS Amlin in Singapore, tells InsuranceAsia News about the Lloyd’s carrier's plans to expand its ILS program in 2027 and opportunities for third-party capital innovation in the region.
Fire losses: "Having given evidence that played a key role in the court's assessment, I believe the court’s reasoning holds a clear lesson for insurers and claims professionals across the region: early evidence capture is critical in complex fire losses."
Anand Ghnavello, Halliwell