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Exclusive: Marsh granted interim injunction in Hong Kong over executives’ move to Howden
Hong Kong High Court restricts four former executives, including Rohan Bhappu, from poaching clients and staff for a year, but rejects Marsh's broader disclosure bid over alleged misuse of confidential information.
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Record reinsurance capital drives creative solutions at mid-year renewals: Aon
Australia and New Zealand cat XoL pricing down 15-20%, while pro-rata commissions were up 2-3%.
Record reinsurance capital drives creative solutions at mid-year renewals: Aon
Australia and New Zealand cat XoL pricing down 15-20%, while pro-rata commissions were up 2-3%.
Australia and New Zealand cat XoL pricing down 15-20%, while pro-rata commissions were up 2-3%.
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Pricing is converging towards technical adequacy at 1.7, not overshooting it: Gallagher Re
Relatively late renewal saw market dynamics in Australia and New Zealand continuing to favour buyers with loss free cat layers recording up to 17.5% reduction, alongside improved commissions.
Pricing is converging towards technical adequacy at 1.7, not overshooting it: Gallagher Re
Relatively late renewal saw market dynamics in Australia and New Zealand continuing to favour buyers with loss free cat layers recording up to 17.5% reduction, alongside improved commissions.
Relatively late renewal saw market dynamics in Australia and New Zealand continuing to favour buyers with loss free cat layers recording up to 17.5% reduction, alongside improved commissions.
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Great American Insurance bolsters specialty underwriting team in Singapore
Terence Yong has been handed an expanded role as head of specialty lines for north Asia and Korea, and Asia cyber, while Ernest Heng joins from Willis to lead Southeast Asia specialty lines.
Great American Insurance bolsters specialty underwriting team in Singapore
Terence Yong has been handed an expanded role as head of specialty lines for north Asia and Korea, and Asia cyber, while Ernest Heng joins from Willis to lead Southeast Asia specialty lines.
Terence Yong has been handed an expanded role as head of specialty lines for north Asia and Korea, and Asia cyber, while Ernest Heng joins from Willis to lead Southeast Asia specialty lines.
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Tune Protect Malaysia appoints Louise Lee as CEO
Kuala Lumpur-based Lee was most recently head of consumer lines and digital at Chubb Malaysia.
Tune Protect Malaysia appoints Louise Lee as CEO
Kuala Lumpur-based Lee was most recently head of consumer lines and digital at Chubb Malaysia.
Kuala Lumpur-based Lee was most recently head of consumer lines and digital at Chubb Malaysia.
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Aviva’s Probitas Pacific names Jill Stewart as Australia head
Former Willis executive to join Lloyd’s Syndicate 1492 succeeding Max Broodryk, who is leaving to explore new opportunities.
Aviva’s Probitas Pacific names Jill Stewart as Australia head
Former Willis executive to join Lloyd’s Syndicate 1492 succeeding Max Broodryk, who is leaving to explore new opportunities.
Former Willis executive to join Lloyd’s Syndicate 1492 succeeding Max Broodryk, who is leaving to explore new opportunities.
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Allianz Commercial elevates Awa Ketty-Camara to Asia head of multinational
Singapore-based Ketty-Camara will oversee the development and execution of the regional multinational strategy.
Allianz Commercial elevates Awa Ketty-Camara to Asia head of multinational
Singapore-based Ketty-Camara will oversee the development and execution of the regional multinational strategy.
Singapore-based Ketty-Camara will oversee the development and execution of the regional multinational strategy.
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Coface hires Vy Le as country manager for Vietnam
Le was most recently HSBC Vietnam's country head of sales for global trade and receivable finance.
Coface hires Vy Le as country manager for Vietnam
Le was most recently HSBC Vietnam's country head of sales for global trade and receivable finance.
Le was most recently HSBC Vietnam's country head of sales for global trade and receivable finance.
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Richard Hart named QBE’s Asia general counsel
Hart has served as QBE's senior legal counsel for New Zealand and the Pacific.
Richard Hart named QBE’s Asia general counsel
Hart has served as QBE's senior legal counsel for New Zealand and the Pacific.
Hart has served as QBE's senior legal counsel for New Zealand and the Pacific.
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Puriantoh Bin Supu returns to Berjaya Sompo as head of property, engineering and energy
Supu was formerly head of commercial lines underwriting at Generali Malaysia.
Puriantoh Bin Supu returns to Berjaya Sompo as head of property, engineering and energy
Supu was formerly head of commercial lines underwriting at Generali Malaysia.
Supu was formerly head of commercial lines underwriting at Generali Malaysia.
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Fraction co-founders Dan Dibden and Onno Sterk join Oneglobal
Dibden has joined the firm as chief commercial officer for Hong Kong, while Sterk has been appointed as head of digital assets.
Fraction co-founders Dan Dibden and Onno Sterk join Oneglobal
Dibden has joined the firm as chief commercial officer for Hong Kong, while Sterk has been appointed as head of digital assets.
Dibden has joined the firm as chief commercial officer for Hong Kong, while Sterk has been appointed as head of digital assets.
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AIG Japan appoints Koki Umeda as vice chairman, succeeding Hirofumi Shimoyama
Shimoyama will transition to the role of senior adviser.
AIG Japan appoints Koki Umeda as vice chairman, succeeding Hirofumi Shimoyama
Shimoyama will transition to the role of senior adviser.
Shimoyama will transition to the role of senior adviser.
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Canopius taps Winnie Tay as financial lines underwriter
Tay was formerly with Allianz Commercial for over a decade.
Canopius taps Winnie Tay as financial lines underwriter
Tay was formerly with Allianz Commercial for over a decade.
Tay was formerly with Allianz Commercial for over a decade.
Popular posts:
- Marsh granted interim injunction in Hong Kong over executives’ move to Howden
- Late to the party Singapore started, Hong Kong has arrived in the MGA space
- Buyer-friendly renewals persist at 1.7 as soft market signs mount, but reinsurers signal pricing floor
- ‘Big shoes to fill’ as Michael Abdallah departs Liberty after 27 years, Marcus Thomas named CUO
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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.
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Asia aviation insurers continue to push for rate hikes as historic claims, Russia exposure linger
Aviation insurers seek rate hikes amid stable quota share capacity, as quota share income faces pressure from internal retentions and competition.
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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‘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
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Markel accelerates Asia push in bid to rebalance global book, but ‘not before we are ready’
M&A
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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
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PSC Insurance Brokers acquires transport specialist MA Insurance Brokers
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ACCC approves Zurich-Beazley deal, finds ‘unlikely’ threat to competition
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Steadfast draws US$5.4bn takeover bid from Amwins, Dragoneer
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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Great American Insurance bolsters specialty underwriting team in Singapore
Terence Yong has been handed an expanded role as head of specialty lines for north Asia and Korea, and Asia cyber, while Ernest Heng joins from Willis to lead Southeast Asia specialty lines.
-
Tune Protect Malaysia appoints Louise Lee as CEO
Kuala Lumpur-based Lee was most recently head of consumer lines and digital at Chubb Malaysia.
-
Aviva’s Probitas Pacific names Jill Stewart as Australia head
Former Willis executive to join Lloyd’s Syndicate 1492 succeeding Max Broodryk, who is leaving to explore new opportunities.
-
Allianz Commercial elevates Awa Ketty-Camara to Asia head of multinational
Singapore-based Ketty-Camara will oversee the development and execution of the regional multinational strategy.
-
Coface hires Vy Le as country manager for Vietnam
Le was most recently HSBC Vietnam's country head of sales for global trade and receivable finance.
-
Richard Hart named QBE’s Asia general counsel
Hart has served as QBE's senior legal counsel for New Zealand and the Pacific.
-
Exclusive: Marsh granted interim injunction in Hong Kong over executives’ move to Howden
Hong Kong High Court restricts four former executives, including Rohan Bhappu, from poaching clients and staff for a year, but rejects Marsh's broader disclosure bid over alleged misuse of confidential information.
-
Puriantoh Bin Supu returns to Berjaya Sompo as head of property, engineering and energy
Supu was formerly head of commercial lines underwriting at Generali Malaysia.
-
Fraction co-founders Dan Dibden and Onno Sterk join Oneglobal
Dibden has joined the firm as chief commercial officer for Hong Kong, while Sterk has been appointed as head of digital assets.
-
AIG Japan appoints Koki Umeda as vice chairman, succeeding Hirofumi Shimoyama
Shimoyama will transition to the role of senior adviser.
-
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