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India’s sovereign-backed maritime pool sets sail, but major loss and accumulation risks await
War-risk premium rates have dropped 35-40% since the Bharat Maritime Insurance Pool launched in May, but industry sources caution pricing sustainability depends on how the pool handles major loss and accumulation events.
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Aon’s Kayo Montgomery relocates to Japan in regional strategic account role
Tokyo-based Montgomery has been named regional strategic account manager for Asia.
Aon’s Kayo Montgomery relocates to Japan in regional strategic account role
Tokyo-based Montgomery has been named regional strategic account manager for Asia.
Tokyo-based Montgomery has been named regional strategic account manager for Asia.
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Joe Keiper joins Edgewise Insurance Brokers as head of construction broking
He was prvioulsy with EBM Insurance & Risk as a client director for construction and marine.
Joe Keiper joins Edgewise Insurance Brokers as head of construction broking
He was prvioulsy with EBM Insurance & Risk as a client director for construction and marine.
He was prvioulsy with EBM Insurance & Risk as a client director for construction and marine.
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MSIG Thailand appoints Sirinpond Sukkarin as cyber insurance manager
Prior to joining MSIG, Bangkok-based Sukkarin managed cyber and financial risk insurance portfolios at Dhipaya Group.
MSIG Thailand appoints Sirinpond Sukkarin as cyber insurance manager
Prior to joining MSIG, Bangkok-based Sukkarin managed cyber and financial risk insurance portfolios at Dhipaya Group.
Prior to joining MSIG, Bangkok-based Sukkarin managed cyber and financial risk insurance portfolios at Dhipaya Group.
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Tasmania partners with RACT to advance TasInsure
A three-month interim partnership will pave the way for a proposed five-year partnership between the automobile club and state-backed insurer focused on insurance affordability, resilience and cover for hard-to-place sectors.
Tasmania partners with RACT to advance TasInsure
A three-month interim partnership will pave the way for a proposed five-year partnership between the automobile club and state-backed insurer focused on insurance affordability, resilience and cover for hard-to-place sectors.
A three-month interim partnership will pave the way for a proposed five-year partnership between the automobile club and state-backed insurer focused on insurance affordability, resilience and cover for hard-to-place sectors.
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Aviso Specialty names Paul Smyth as head of financial lines
He joins from Gallagher, where he had been a client director since joining in March 2025.
Aviso Specialty names Paul Smyth as head of financial lines
He joins from Gallagher, where he had been a client director since joining in March 2025.
He joins from Gallagher, where he had been a client director since joining in March 2025.
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Zurich relaunches Travel Guard in Singapore following integration
Zurich acquired Travel Guard as part of its US$600m takeover of AIG's personal travel business at the end of 2024.
Zurich relaunches Travel Guard in Singapore following integration
Zurich acquired Travel Guard as part of its US$600m takeover of AIG's personal travel business at the end of 2024.
Zurich acquired Travel Guard as part of its US$600m takeover of AIG's personal travel business at the end of 2024.
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Typhoon Dolphin brings fresh extreme weather to eastern China, Japan
Arrival of El Nino is intensifying typhoon activity in the Pacific, with China experiencing its fourth since the start of the season.
Typhoon Dolphin brings fresh extreme weather to eastern China, Japan
Arrival of El Nino is intensifying typhoon activity in the Pacific, with China experiencing its fourth since the start of the season.
Arrival of El Nino is intensifying typhoon activity in the Pacific, with China experiencing its fourth since the start of the season.
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Aon refreshes Australia leadership roles, Helen Lockwood appointed COO
Ben Rolfe and Mary-Catherine Hamill also handed expanded roles as part of an 'ongoing evolution' of the broker's business in the country.
Aon refreshes Australia leadership roles, Helen Lockwood appointed COO
Ben Rolfe and Mary-Catherine Hamill also handed expanded roles as part of an 'ongoing evolution' of the broker's business in the country.
Ben Rolfe and Mary-Catherine Hamill also handed expanded roles as part of an 'ongoing evolution' of the broker's business in the country.
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Marsh appoints Dalton Sze, Denise Yong as assistant vice presidents for renewable energy in Singapore
Yong was most recently a facultative reinsurance broker in London for Guy Carpenter, while Sze was an operational risk manager at Sembcorp Industries.
Marsh appoints Dalton Sze, Denise Yong as assistant vice presidents for renewable energy in Singapore
Yong was most recently a facultative reinsurance broker in London for Guy Carpenter, while Sze was an operational risk manager at Sembcorp Industries.
Yong was most recently a facultative reinsurance broker in London for Guy Carpenter, while Sze was an operational risk manager at Sembcorp Industries.
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Howden, Gallagher Re, WTW, Chubb: 14 APAC insurance people moves of the week
Aon, AIG, Sompo, Ageas Re, SRG, Cowden, Relm Insurance, Ignite Specialty Risk, Tysers and Markel also made personnel changes over the last week.
Howden, Gallagher Re, WTW, Chubb: 14 APAC insurance people moves of the week
Aon, AIG, Sompo, Ageas Re, SRG, Cowden, Relm Insurance, Ignite Specialty Risk, Tysers and Markel also made personnel changes over the last week.
Aon, AIG, Sompo, Ageas Re, SRG, Cowden, Relm Insurance, Ignite Specialty Risk, Tysers and Markel also made personnel changes over the last week.
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Munich Re prunes book by 9.1% during July renewals
German reinsurer says terms and conditions remain stable despite 'downward trend' in P&C reinsurance rates.
Munich Re prunes book by 9.1% during July renewals
German reinsurer says terms and conditions remain stable despite 'downward trend' in P&C reinsurance rates.
German reinsurer says terms and conditions remain stable despite 'downward trend' in P&C reinsurance rates.
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Aon taps Stara Low as head of growth, health solutions
She joins Aon in Singapore from WTW.
Aon taps Stara Low as head of growth, health solutions
She joins Aon in Singapore from WTW.
She joins Aon in Singapore from WTW.
Popular posts:
- Origin Energy data breach payout could top US$100m, signals tightening Australian cyber insurance market
- Gurudutt Joglekar replaces Jon Longmore as Chubb’s Malaysia head
- ‘Bittersweet’ as Howden’s David Wall returns to Singapore from Dubai, retains role
- Tributes pour in for ‘one of the true giants’ after Australian insurance broking veteran killed in US car crash
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China’s new reality: rising nat cat risk, manufacturing concentration challenges insurance market
Marc Burban, founder and CEO of Asian Risks Management Services, tells InsuranceAsia News’ Between the Lines podcast that rising nat cat frequency and industrial clustering are forcing China's insurers to underwrite smarter.
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AI chip factory boom in Asia puts sustainable reinsurance capacity, nat cat exposure in spotlight
With AI accelerating demand, complex risks will increasingly require support of specialist facultative capacity, Peak Re CUO Philip Hough says.
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APAC insurers race to harness AI’s US$70bn promise, but data and regulatory hurdles persist
Implementing AI is a major operational and regulatory challenge for the industry, with massive rewards for the insurers that can get it right.
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Kumamoto earthquake ‘highly instructive’ for (re)insurance industry amid supply chain disruption fears
Industry cannot afford to overlook the operational impact of last week's 7.1-magnitude earthquake, industry insiders tell InsuranceAsia News.
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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Supply outstripping demand, but El Nino, Middle East headwinds could shift market: Guy Carpenter’s Tony Gallagher
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BP Marsh homes in on ‘tremendous opportunities’ in APAC insurance distribution niche
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AI rollout, war impacts to drive specialty innovation in greater China: Markel’s Chelsea Jiang
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Hong Kong’s first virtual insurer eyes Malaysia-led Southeast Asia push after hitting ‘critical’ US$100m revenue milestone
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‘Forerunners in the unforeseeable’: Knightcorp challenges the status quo in Australia’s consolidated insurance market
M&A
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Malaysian Re parent to sell takaful business to Bank Rakyat in US$400m deal
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Maybank to take full control of insurer Etiqa from Ageas
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Steadfast bidders reconfirm intention to proceed, extend exclusivity period
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Tokio Marine invests in carbon credit specialist Kita
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Envest-owned Epsilon Underwriting acquires marine specialist RedSky Insurance
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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Insurance is critical to clean marine progress, but new fuels bring risks traditional policies do not fully cover, presenting market players an opportunity to build new models.
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Aon’s Kayo Montgomery relocates to Japan in regional strategic account role
Tokyo-based Montgomery has been named regional strategic account manager for Asia.
-
Joe Keiper joins Edgewise Insurance Brokers as head of construction broking
He was prvioulsy with EBM Insurance & Risk as a client director for construction and marine.
-
MSIG Thailand appoints Sirinpond Sukkarin as cyber insurance manager
Prior to joining MSIG, Bangkok-based Sukkarin managed cyber and financial risk insurance portfolios at Dhipaya Group.
-
Aviso Specialty names Paul Smyth as head of financial lines
He joins from Gallagher, where he had been a client director since joining in March 2025.
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Aon refreshes Australia leadership roles, Helen Lockwood appointed COO
Ben Rolfe and Mary-Catherine Hamill also handed expanded roles as part of an 'ongoing evolution' of the broker's business in the country.
-
Marsh appoints Dalton Sze, Denise Yong as assistant vice presidents for renewable energy in Singapore
Yong was most recently a facultative reinsurance broker in London for Guy Carpenter, while Sze was an operational risk manager at Sembcorp Industries.
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Aon taps Stara Low as head of growth, health solutions
She joins Aon in Singapore from WTW.
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Markel hires first dedicated claims adjuster in Hong Kong
Senior claims adjuster Audrey Pang reports to Bo Yu, head of Asia claims.
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Sean Dalton nominated as next IUMI president
He succeeds Frédéric Denèfle, who will complete his four-year term as president in September.
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‘Bittersweet’ as Howden’s David Wall returns to Singapore from Dubai, retains role
He has been with Howden since 2021 and will continue in his role as chief operating officer for Howden specialty Asia Pacific.
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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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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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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.
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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.
Supply outstripping demand, but headwinds could shift market: Guy Carpenter’s Tony Gallagher
Tony Gallagher, CEO of Asia Pacific at Guy Carpenter, speaks to InsuranceAsia News about the ongoing reinsurance market softening and the forces shaping loss activity and reinsurance buying in the region.
Marine market held its nerve through ‘strange and acute’ Middle East crisis: Markel’s Chelsea Jiang
Chelsea Jiang, managing director greater China at Markel International, discusses the Lloyd’s carrier’s ambitions in the region and how the marine insurance market responded to the crisis in the Strait of Hormuz.
Risk management: "Adequate liability limits are therefore an essential component of risk management for high-hazard operations."
Marc Burban, Asian Risks Management Services