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‘Huge opportunity, if we get it right’: brokers told to look beyond traditional insurance as risk pressures mount
Worldwide Broker Network survey shows insurance has shifted from a transactional purchase to a strategic driver of resilience, but the landscape is complex and fast moving, global director of property and casualty and product development Jen Blair tells InsuranceAsia News.
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Echo Re adds Sanjana Sinha to Gift City team as underwriting manager
She joins the reinsurer after spending 12 years with Axa XL, last holding the position of underwriting manager.
Echo Re adds Sanjana Sinha to Gift City team as underwriting manager
She joins the reinsurer after spending 12 years with Axa XL, last holding the position of underwriting manager.
She joins the reinsurer after spending 12 years with Axa XL, last holding the position of underwriting manager.
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APAC nat cat insured losses reach US$3bn on typhoon, floods damage: Aon
Seasonal flooding in China, Typhoon Sinlaku in the Northern Mariana Islands and the Victoria bushfires in Australia were the costliest events.
APAC nat cat insured losses reach US$3bn on typhoon, floods damage: Aon
Seasonal flooding in China, Typhoon Sinlaku in the Northern Mariana Islands and the Victoria bushfires in Australia were the costliest events.
Seasonal flooding in China, Typhoon Sinlaku in the Northern Mariana Islands and the Victoria bushfires in Australia were the costliest events.
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Southeast Asia fires, haze show no sign of major insured losses, but full impact hard to gauge: McLarens
Loss adjuster says reported claims point to isolated equipment and property damage, with the wider economic toll difficult to quantify and often uninsured.
Southeast Asia fires, haze show no sign of major insured losses, but full impact hard to gauge: McLarens
Loss adjuster says reported claims point to isolated equipment and property damage, with the wider economic toll difficult to quantify and often uninsured.
Loss adjuster says reported claims point to isolated equipment and property damage, with the wider economic toll difficult to quantify and often uninsured.
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Elseco expands into Asia with Singapore A&H Lloyd’s coverholder launch
Dubai-based MGA also secures capacity from Ping An Property & Casualty Insurance for its general aviation business.
Elseco expands into Asia with Singapore A&H Lloyd’s coverholder launch
Dubai-based MGA also secures capacity from Ping An Property & Casualty Insurance for its general aviation business.
Dubai-based MGA also secures capacity from Ping An Property & Casualty Insurance for its general aviation business.
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Suncorp trims FY27 GWP growth forecast to 3%
Revision by the Australian insurer is a result of the loss of a large commercial contract and ongoing weakness of New Zealand's currency.
Suncorp trims FY27 GWP growth forecast to 3%
Revision by the Australian insurer is a result of the loss of a large commercial contract and ongoing weakness of New Zealand's currency.
Revision by the Australian insurer is a result of the loss of a large commercial contract and ongoing weakness of New Zealand's currency.
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Fitch raises Tugu Re’s outlook to positive
Rating agency cites the Indonesian reinsurers improving profitability and healthy capital strength.
Fitch raises Tugu Re’s outlook to positive
Rating agency cites the Indonesian reinsurers improving profitability and healthy capital strength.
Rating agency cites the Indonesian reinsurers improving profitability and healthy capital strength.
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Emerge Group acquires Merlion Insurance Brokers
Labuan reinsurance broker has subsequently been renamed Emerge Reinsurance Brokers, or Emerge Re.
Emerge Group acquires Merlion Insurance Brokers
Labuan reinsurance broker has subsequently been renamed Emerge Reinsurance Brokers, or Emerge Re.
Labuan reinsurance broker has subsequently been renamed Emerge Reinsurance Brokers, or Emerge Re.
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Scor Business Solutions sets sights on profitable APAC build-out with specialty push
Commercial insurance arm aims to expand on its property, power, energy and construction strengths, while bringing global specialty capabilities, including marine, cyber and alternative risk solutions, to Asia, regional commercial head Amy Fu says.
Scor Business Solutions sets sights on profitable APAC build-out with specialty push
Commercial insurance arm aims to expand on its property, power, energy and construction strengths, while bringing global specialty capabilities, including marine, cyber and alternative risk solutions, to Asia, regional commercial head Amy Fu says.
Commercial insurance arm aims to expand on its property, power, energy and construction strengths, while bringing global specialty capabilities, including marine, cyber and alternative risk solutions, to Asia, regional commercial head Amy Fu says.
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Starr names Zoe Xie as APAC head of distribution, strategic initiatives
Singapore-based Xie joins from Axa XL, where she was most recently the head of property for Singapore.
Starr names Zoe Xie as APAC head of distribution, strategic initiatives
Singapore-based Xie joins from Axa XL, where she was most recently the head of property for Singapore.
Singapore-based Xie joins from Axa XL, where she was most recently the head of property for Singapore.
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Samsung Fire & Marine set for Japan return amid plans for joint Tokyo office for financial units: report
South Korean conglomerate's life insurance, P&C, securities and asset management companies will share the office to deepen Japan market research, build local networks and scout investment and acquisition opportunities.
Samsung Fire & Marine set for Japan return amid plans for joint Tokyo office for financial units: report
South Korean conglomerate's life insurance, P&C, securities and asset management companies will share the office to deepen Japan market research, build local networks and scout investment and acquisition opportunities.
South Korean conglomerate's life insurance, P&C, securities and asset management companies will share the office to deepen Japan market research, build local networks and scout investment and acquisition opportunities.
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Peak Re handed first-time A- rating by S&P, insulated from Fosun
Ratings agency said it reflects the Hong Kong reinsurer's strong market standing and robust capital position, while noting that its credit profile is delinked from its parent.
Peak Re handed first-time A- rating by S&P, insulated from Fosun
Ratings agency said it reflects the Hong Kong reinsurer's strong market standing and robust capital position, while noting that its credit profile is delinked from its parent.
Ratings agency said it reflects the Hong Kong reinsurer's strong market standing and robust capital position, while noting that its credit profile is delinked from its parent.
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IAG reaches settlement with White Oak over Greensill claims
Financial terms were not disclosed, but the insurer says it is the last remaining proceeding in the Federal Court of Australia.
IAG reaches settlement with White Oak over Greensill claims
Financial terms were not disclosed, but the insurer says it is the last remaining proceeding in the Federal Court of Australia.
Financial terms were not disclosed, but the insurer says it is the last remaining proceeding in the Federal Court of Australia.
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‘You can’t fix what you can’t see’: cyber insurers warn PHP2Shell website shutdowns highlight AI impact
Cyber insurers warn that the PHP2Shell shutdowns exposed a growing visibility gap as AI is now finding software flaws faster than clients can locate the systems running them.
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Alternative solutions go mainstream as energy transition reshapes insurance risk
Parametric design, basis risk, uninsured supply chains and the limits of catastrophe models were at the heart of the agenda at InsuranceAsia News' 2026 APAC Climate Risk & Insurance Summit in Singapore.
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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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‘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.
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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Scor Business Solutions sets sights on profitable APAC build-out with specialty push
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Sompo APAC’s consumer business targets sustainable expansion as regulators push market discipline
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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
M&A
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Halliwell acquires New Zealand’s Maynard Marks to expand Asia Pacific presence
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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
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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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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BlackRock's Daniel Caderas and MSCI's Raman Aylur Subramanian explain why tactical asset allocation (TAA) and exchange-traded funds (ETF) have become essential as global markets fragment and static allocations lose their reliability.
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Maritime shipping faces growing geopolitical threats — missiles, drones, GPS interference, and cyber sabotage — requiring better intelligence, crew welfare, and resilience measures.
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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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Echo Re adds Sanjana Sinha to Gift City team as underwriting manager
She joins the reinsurer after spending 12 years with Axa XL, last holding the position of underwriting manager.
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Starr names Zoe Xie as APAC head of distribution, strategic initiatives
Singapore-based Xie joins from Axa XL, where she was most recently the head of property for Singapore.
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Lockton expands in New Zealand with Wellington office, Marsh and WTW hires
Broker appoints Felix Ukaegbu as general manager of the new office and James Earwaker as client director for financial lines.
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Envest Agencies rebrands, hires Belinda Steedman as CEO
Business will become Orvia Australia and New Zealand as parent firm Ardonagh rebrands its global MGA businesses to Orvia Underwriting.
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Chaucer names Jay Bae as APAC lead underwriter for agriculture
Singapore-based Bae joins from Swiss Re, where he was most recently the head of agriculture for Southeast Asia, Australia, New Zealand, Japan and South Korea.
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Sompo taps Azra Amir as head of operations in Australia
She joins from Aon, having previously spent over 15 and a half years at Liberty Specialty Markets in Asia Pacific.
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Beazley’s Stefan Bramwell relocates to Singapore for energy underwriter role
He has over 30 years of experience in the insurance industry, specifically energy and construction.
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Swiss Re’s APAC facultative reinsurance head Yusuke Matsumoto confirms Singapore relocation
He succeed Ronnie Tong in May having served as interim since April.
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Lloyd’s China unveils new leadership team as regulator approves appointments
Furen Shen has been confirmed as CEO, while Yuanbiao Sun has moved up to chairman, and Xiaolan Li has been appointed chief compliance officer.
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Marsh promotes Shawn Willis to lead newly-formed captive strategy
He has been with Marsh for over 25 years across two spells, either side of 11 years with broker Willis.
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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