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Austbrokers Countrywide, Adroit Insurance & Risk, Oneglobal, QBE, AIG: 14 APAC insurance people moves of the week
Coface, Lockton, Allianz Commercial, Markel, Marsh, Probitas Pacific, Delta, Tune Protect, EBM Insurance & Risk, Specialist Risk Group, McLarens, Berjaya Sompo Insurance, Canopius, Continuum, and the Great American Insurance Group also made personnel changes over the last week.
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Quartet set to vie for South Korean bridge insurer Yebyeol Non-Life: reports
Heungkuk Fire & Marine Insurance, OK Financial Group, JC Flowers, and Korea Investment Holdings are reported to have participated in the second main bid for the South Korean bridge insurer.
Quartet set to vie for South Korean bridge insurer Yebyeol Non-Life: reports
Heungkuk Fire & Marine Insurance, OK Financial Group, JC Flowers, and Korea Investment Holdings are reported to have participated in the second main bid for the South Korean bridge insurer.
Heungkuk Fire & Marine Insurance, OK Financial Group, JC Flowers, and Korea Investment Holdings are reported to have participated in the second main bid for the South Korean bridge insurer.
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Suncorp FY26 nat cat costs top US$1.5bn, exceeds allowance
Australian insurer expects GWP growth of approximately 2.7% for the finacial year ended June 30.
Suncorp FY26 nat cat costs top US$1.5bn, exceeds allowance
Australian insurer expects GWP growth of approximately 2.7% for the finacial year ended June 30.
Australian insurer expects GWP growth of approximately 2.7% for the finacial year ended June 30.
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Lockton taps Alberto Ferriolo as Asia regional growth leader for marine, transportation
He joins from Miller in Singapore, and reports to Sung Wook Han, Lockton’s head of Asia marine and transportation.
Lockton taps Alberto Ferriolo as Asia regional growth leader for marine, transportation
He joins from Miller in Singapore, and reports to Sung Wook Han, Lockton’s head of Asia marine and transportation.
He joins from Miller in Singapore, and reports to Sung Wook Han, Lockton’s head of Asia marine and transportation.
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Darren Toll named Austbrokers Countrywide and Adroit Insurance & Risk businesses group CEO
Tim Considine transitions to a role as group executive chair following the merger between Austbrokers Countrywide and Adroit Insurance & Risk.
Darren Toll named Austbrokers Countrywide and Adroit Insurance & Risk businesses group CEO
Tim Considine transitions to a role as group executive chair following the merger between Austbrokers Countrywide and Adroit Insurance & Risk.
Tim Considine transitions to a role as group executive chair following the merger between Austbrokers Countrywide and Adroit Insurance & Risk.
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Delta appoints Brett Wainhouse as head of distribution
He has over 12 years experience at Zurich, and more than 28 years' experience across the corporate and commercial insurance markets of New Zealand, Australia and the UK.
Delta appoints Brett Wainhouse as head of distribution
He has over 12 years experience at Zurich, and more than 28 years' experience across the corporate and commercial insurance markets of New Zealand, Australia and the UK.
He has over 12 years experience at Zurich, and more than 28 years' experience across the corporate and commercial insurance markets of New Zealand, Australia and the UK.
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Suncorp renews FY27 cat program with higher top-end, 5-year aggregate cover
Carrier reports higher reinsurance costs due to aggregate cover, which is offset by capital efficiency gains, including reduction in excess capital and capital release.
Suncorp renews FY27 cat program with higher top-end, 5-year aggregate cover
Carrier reports higher reinsurance costs due to aggregate cover, which is offset by capital efficiency gains, including reduction in excess capital and capital release.
Carrier reports higher reinsurance costs due to aggregate cover, which is offset by capital efficiency gains, including reduction in excess capital and capital release.
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Australia’s Metrix Insurance Group acquires Coverscope Insurance Brokers
It is the first of a strategic pipeline of acquisitions that will continue to support the long-term growth of the Metrix.
Australia’s Metrix Insurance Group acquires Coverscope Insurance Brokers
It is the first of a strategic pipeline of acquisitions that will continue to support the long-term growth of the Metrix.
It is the first of a strategic pipeline of acquisitions that will continue to support the long-term growth of the Metrix.
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Zurich enters Australian home insurance market via new Honey tie-up
Agreement follows a similar partnership to offer pet insurance in March.
Zurich enters Australian home insurance market via new Honey tie-up
Agreement follows a similar partnership to offer pet insurance in March.
Agreement follows a similar partnership to offer pet insurance in March.
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‘Forerunners in the unforeseeable’: Knightcorp challenges the status quo in Australia’s consolidated insurance market
CEO Trent Brown tells InsuranceAsia News' Between the Lines podcast that three pillars are redesigning insurance broking from the ground up.
‘Forerunners in the unforeseeable’: Knightcorp challenges the status quo in Australia’s consolidated insurance market
CEO Trent Brown tells InsuranceAsia News' Between the Lines podcast that three pillars are redesigning insurance broking from the ground up.
CEO Trent Brown tells InsuranceAsia News' Between the Lines podcast that three pillars are redesigning insurance broking from the ground up.
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Australia’s cyclone reinsurance pool only part of the answer, brokers association says
National Insurance Brokers Association (NIBA) responds to the release of the fifth and final insurance monitoring report by the Australian Competition and Consumer Commission (ACCC).
Australia’s cyclone reinsurance pool only part of the answer, brokers association says
National Insurance Brokers Association (NIBA) responds to the release of the fifth and final insurance monitoring report by the Australian Competition and Consumer Commission (ACCC).
National Insurance Brokers Association (NIBA) responds to the release of the fifth and final insurance monitoring report by the Australian Competition and Consumer Commission (ACCC).
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Coface taps Ivor Miric as head of debt collection sales for APAC
Based in Hong Kong, he is responsible for expanding the debt collection portfolio, having previously worked at Atradius Collections in Dubai.
Coface taps Ivor Miric as head of debt collection sales for APAC
Based in Hong Kong, he is responsible for expanding the debt collection portfolio, having previously worked at Atradius Collections in Dubai.
Based in Hong Kong, he is responsible for expanding the debt collection portfolio, having previously worked at Atradius Collections in Dubai.
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McLarens appoints Lam Choy Heng as managing director for Malaysia
He has more than 25 years of loss adjusting experience and has been working at McLarens since 2023.
McLarens appoints Lam Choy Heng as managing director for Malaysia
He has more than 25 years of loss adjusting experience and has been working at McLarens since 2023.
He has more than 25 years of loss adjusting experience and has been working at McLarens since 2023.
Popular posts:
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We’ve seen reinsurers’ appetite prevail at 1.7, Gallagher Re’s Roshan Perera says
New managing director and head of APAC tells InsuranceAsia News that while there seems to be some more room for rate reduction, cedents will certainly benefit from more options and flexibility in future renewals.
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Australian ‘gatekeeper’ firms urged to review PI cover as sweeping regulatory changes come into effect
New money laundering and counterterrorism rules, which came into effect on Wednesday, will see strict penalties imposed.
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‘Sweet spot for global insurance’: regulatory confidence key to attracting global insurers to Asia
Senior executives from EY, FWD Group, HSBC, and Manulife told the FT Global Insurance Summit that proactive regional regulation and long-term commitment are turning Asia into the insurance industry's most compelling growth market.
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Buyer-friendly renewals persist at 1.7 as soft market signs mount, but reinsurers signal pricing floor
Rate reductions of 10–15% on loss-free business, with deeper cuts in some cases, as terms and conditions hold firm, industry insiders told 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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‘Forerunners in the unforeseeable’: Knightcorp challenges the status quo in Australia’s consolidated insurance market
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‘We’re in for the long haul’: Valueattics Re targets steady growth with domestic gains, regional moves
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HDI Global leverages Asian HQ boom to open doors for international programs amid rising uncertainty
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Swiss Re CorSo eyes data centres, ART, Japan as key pillars for Asian specialty push
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BirdsEyeView spies Australia as ‘competitive edge’ opportunity with new wildfire model after seven-figure funding
M&A
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Quartet set to vie for South Korean bridge insurer Yebyeol Non-Life: reports
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Australia’s Metrix Insurance Group acquires Coverscope Insurance Brokers
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QBE takes full control of Indian JV after regulatory approval, set to rebrand
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Igloo expands footprint with Eazy Digital acquisition
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Shinhan, Korea Investment submit letters of intent for Lotte Insurance: report
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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Sedgwick Asia says it is ready to meet the evolving challenges of Asia’s dynamic insurance markets.
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Suncorp FY26 nat cat costs top US$1.5bn, exceeds allowance
Australian insurer expects GWP growth of approximately 2.7% for the finacial year ended June 30.
-
Lockton taps Alberto Ferriolo as Asia regional growth leader for marine, transportation
He joins from Miller in Singapore, and reports to Sung Wook Han, Lockton’s head of Asia marine and transportation.
-
Darren Toll named Austbrokers Countrywide and Adroit Insurance & Risk businesses group CEO
Tim Considine transitions to a role as group executive chair following the merger between Austbrokers Countrywide and Adroit Insurance & Risk.
-
Delta appoints Brett Wainhouse as head of distribution
He has over 12 years experience at Zurich, and more than 28 years' experience across the corporate and commercial insurance markets of New Zealand, Australia and the UK.
-
Suncorp renews FY27 cat program with higher top-end, 5-year aggregate cover
Carrier reports higher reinsurance costs due to aggregate cover, which is offset by capital efficiency gains, including reduction in excess capital and capital release.
-
Coface taps Ivor Miric as head of debt collection sales for APAC
Based in Hong Kong, he is responsible for expanding the debt collection portfolio, having previously worked at Atradius Collections in Dubai.
-
McLarens appoints Lam Choy Heng as managing director for Malaysia
He has more than 25 years of loss adjusting experience and has been working at McLarens since 2023.
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EBM Insurance & Risk hands Ryan Cameron, Ashton George expanded leadership roles
As part of a new national leadership structure, managing director of broking Peter McLachlan will be leaving EBM Group.
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Marsh appoints Sylvia Quang as cyber leader for Hong Kong, Macau
Ex-corporate lawyer was previoulsy head of claims advocacy for Hong Kong and Macau having joined the broker in July 2024.
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QBE Asia elevates Evariste Yeung to Asia head of motor, A&H, householder
Hong Kong-based Yeung joined QBE in April 2024 and has since served as market lead for motor and A&H in the city, as well as Asia product head for motor.
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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.
‘We have to be robust, stable through this cycle’: Swiss Re CorSo’s Robert Hunziker
Robert Hunziker, Asia head at Swiss Re CorSo, sits down with InsuranceAsia News to discuss the progress the commercial insurer has made in the region since its reorganisation last year and its strategic priorities.
We don’t need to put a flag in every country and town: Lockton Asia’s Tony Hardy
Tony Hardy, CEO of Lockton Asia, discusses the US broker’s efforts to double its revenue in the region by 2030, and its recent deal to take majority ownership of its Malaysian joint venture.
Insurtech: "As the [AI] hype continues, so does the imperative for insurers, insurtechs and distributors to look beyond the noise to the underlying forces at play."
David Lynch, bolttech