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South Africa’s Santam granted Gift City licence
Santam becomes first insurance company from a Brics-member country to set up a presence in India's Gujarat International Finance Tec-City (Gift City).
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‘Challenging period’ for Suncorp as hail costs US$495m in H1 FY26
Australian insurer managed eight declared weather events in Australia and one in New Zealand over the first six months of the 2026 financial year.
‘Challenging period’ for Suncorp as hail costs US$495m in H1 FY26
Australian insurer managed eight declared weather events in Australia and one in New Zealand over the first six months of the 2026 financial year.
Australian insurer managed eight declared weather events in Australia and one in New Zealand over the first six months of the 2026 financial year.
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Sompo receives regulatory approvals for US$3.5bn Aspen acquisition
Transaction is expected to close in the next several days, subject to the satisfaction of customary closing conditions.
Sompo receives regulatory approvals for US$3.5bn Aspen acquisition
Transaction is expected to close in the next several days, subject to the satisfaction of customary closing conditions.
Transaction is expected to close in the next several days, subject to the satisfaction of customary closing conditions.
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Marcus Robertson returns to QBE as senior claims specialist for major, complex claims
Sydney-based Robertson was most recently a senior technical claims lead at Gallagher for just under two years.
Marcus Robertson returns to QBE as senior claims specialist for major, complex claims
Sydney-based Robertson was most recently a senior technical claims lead at Gallagher for just under two years.
Sydney-based Robertson was most recently a senior technical claims lead at Gallagher for just under two years.
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Ardonagh-backed Cornerstone Risk acquires Australia’s Umbrella Insurance Services
Resilium Partners-owned Cornerstone Risk Group says the partnership strengthens its presence across New South Wales.
Ardonagh-backed Cornerstone Risk acquires Australia’s Umbrella Insurance Services
Resilium Partners-owned Cornerstone Risk Group says the partnership strengthens its presence across New South Wales.
Resilium Partners-owned Cornerstone Risk Group says the partnership strengthens its presence across New South Wales.
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Zurich Asia Pacific ‘well positioned for continued growth’ after posting US$4.3bn P&C GWP in FY25
Zurich's P&C gross written premiums rose by 8% year-on-year, 4% like-for-like, while it posted a business operating profit of US$346 million, with a combined ratio of 94.3%.
Zurich Asia Pacific ‘well positioned for continued growth’ after posting US$4.3bn P&C GWP in FY25
Zurich's P&C gross written premiums rose by 8% year-on-year, 4% like-for-like, while it posted a business operating profit of US$346 million, with a combined ratio of 94.3%.
Zurich's P&C gross written premiums rose by 8% year-on-year, 4% like-for-like, while it posted a business operating profit of US$346 million, with a combined ratio of 94.3%.
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HDI Global eyes Southeast Asia growth as part of 2026-29 strategy cycle
New Xcelerate29 strategy comprises of three key strategic priorities to further strengthen its role as a leading corporate and specialty insurer.
HDI Global eyes Southeast Asia growth as part of 2026-29 strategy cycle
New Xcelerate29 strategy comprises of three key strategic priorities to further strengthen its role as a leading corporate and specialty insurer.
New Xcelerate29 strategy comprises of three key strategic priorities to further strengthen its role as a leading corporate and specialty insurer.
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Munich Re appoints Michaela Hannemann head of non-life Australasia
Hannemann, who will move to Sydney, will report to Scott Hawkins, managing director for Munich Re Australasia.
Munich Re appoints Michaela Hannemann head of non-life Australasia
Hannemann, who will move to Sydney, will report to Scott Hawkins, managing director for Munich Re Australasia.
Hannemann, who will move to Sydney, will report to Scott Hawkins, managing director for Munich Re Australasia.
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Miller appoints Gallagher Re’s Sailesh Divakaram as head of treaty for Asia
Singapore-based Divakaram will report to Richard Broad, head of treaty for Asia Pacific.
Miller appoints Gallagher Re’s Sailesh Divakaram as head of treaty for Asia
Singapore-based Divakaram will report to Richard Broad, head of treaty for Asia Pacific.
Singapore-based Divakaram will report to Richard Broad, head of treaty for Asia Pacific.
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Ardonagh takes majority stake in Hong Kong’s Risk Management Insurance Brokerage
Specialist insurance brokerage joins Ardonagh’s Hong Kong portfolio alongside PSC HK, Apex, Charter Gilman, Charter-Union, and Trans-Pacific.
Ardonagh takes majority stake in Hong Kong’s Risk Management Insurance Brokerage
Specialist insurance brokerage joins Ardonagh’s Hong Kong portfolio alongside PSC HK, Apex, Charter Gilman, Charter-Union, and Trans-Pacific.
Specialist insurance brokerage joins Ardonagh’s Hong Kong portfolio alongside PSC HK, Apex, Charter Gilman, Charter-Union, and Trans-Pacific.
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Allied World hires Sam Williams as senior D&O underwriter
He was formerly with Canopius in the UK for five years before taking an 11-month career break.
Allied World hires Sam Williams as senior D&O underwriter
He was formerly with Canopius in the UK for five years before taking an 11-month career break.
He was formerly with Canopius in the UK for five years before taking an 11-month career break.
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Heavy rain, strong winds brings state of emergency, disruptions to central New Zealand
States of emergancy have been declared in five districts and 30,000 properties have reported power outages as a result of the extreme weather on the North Island.
Heavy rain, strong winds brings state of emergency, disruptions to central New Zealand
States of emergancy have been declared in five districts and 30,000 properties have reported power outages as a result of the extreme weather on the North Island.
States of emergancy have been declared in five districts and 30,000 properties have reported power outages as a result of the extreme weather on the North Island.
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Korea Investment shortlists 3 targets for insurance market entry: report
Non-banking financial services holding company eyes insurers Yebyeol Non-Life, Lotte Non-Life and KDB Life.
Korea Investment shortlists 3 targets for insurance market entry: report
Non-banking financial services holding company eyes insurers Yebyeol Non-Life, Lotte Non-Life and KDB Life.
Non-banking financial services holding company eyes insurers Yebyeol Non-Life, Lotte Non-Life and KDB Life.
Popular posts:
- Does Zurich’s US$11bn Beazley deal signal the end of the Lloyd’s listing experiment? Survivors are now in the spotlight
- Veronica Grigg named CEO of Australian insurance brokers Cowden
- Lloyd’s promotes Emma Loynes to CEO of Asia Pacific, Middle East, Africa
- Lloyd’s, Allianz Commercial, Aon, Lockton, Markel: 12 APAC insurance people moves of the week
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Does Zurich’s US$11bn Beazley deal signal the end of the Lloyd’s listing experiment? Survivors are now in the spotlight
Deal will leave only two Lloyd’s players – Hiscox and Lancashire – listed on the London Stock Exchange, with capital-rich Japanese insurers expected to be amongst those circling.
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Resilience’s the word: calls for strategic shift, and it’s no longer optional
Resilience has shifted from an operational buzzword to a strategic boardroom imperative, risk management organisation Airmic says.
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‘Positive and progressing well’: P&I renewals slow and steady amid moderate increases, member loyalty
Skuld, Shipowners' Club, Steamship Mutual, Britannia P&I Club and West P&I speak to InsuranceAsia News ahead of the 2026 renewals.
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With a handsome track record, what’s next for the cat bond market in 2026?
Aon Securities' CEO Richard Pennay tells InsuranceAsia News he expects a strong issuance year after a record-breaking 2025.
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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Cyber on the mind for ‘next few years’ as Asian ransomware attacks more than double as digitalisation outpaces defences
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Chubb’s Evan Greenberg ‘bullish on long-term opportunity’ for Asia
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‘Hopeless’: observation-based models fall short as insurers comprehend modern flood risks
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Home, sweet home for Vietnam’s new reinsurer as AlphaRe eyes efficiency over top line
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Bridging Asia’s protection gap key focus for Verisk, but data issue remains
M&A
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Sompo receives regulatory approvals for US$3.5bn Aspen acquisition
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Ardonagh-backed Cornerstone Risk acquires Australia’s Umbrella Insurance Services
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Ardonagh takes majority stake in Hong Kong’s Risk Management Insurance Brokerage
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Korea Investment shortlists 3 targets for insurance market entry: report
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Does Zurich’s US$11bn Beazley deal signal the end of the Lloyd’s listing experiment? Survivors are now in the spotlight
ESG
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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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Carbon specialist Kita expands into Australia
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Maritime decarbonisation efforts need liability certainty to stay on course amid ‘pressing challenge’
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With Donald Trump’s ESG curveball, what’s the outlook for APAC liability coverage?
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Vastly improving turnaround times and personalising service delivery, QBE Asia’s award-winning, end-to-end bundled claims solutions is a game-changer for the insurance industry.
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Marcus Robertson returns to QBE as senior claims specialist for major, complex claims
Sydney-based Robertson was most recently a senior technical claims lead at Gallagher for just under two years.
-
Munich Re appoints Michaela Hannemann head of non-life Australasia
Hannemann, who will move to Sydney, will report to Scott Hawkins, managing director for Munich Re Australasia.
-
Miller appoints Gallagher Re’s Sailesh Divakaram as head of treaty for Asia
Singapore-based Divakaram will report to Richard Broad, head of treaty for Asia Pacific.
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Allied World hires Sam Williams as senior D&O underwriter
He was formerly with Canopius in the UK for five years before taking an 11-month career break.
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Markel adds Johnny Zhang, Jon Tam to greater China PFR team
Markel has strengthened its professional and financial risks team in Hong Kong.
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Willis hires Michelle Ng as Pacific head of risk and analytics
She joins Willis from Marsh in Sydney, and replaces Matt Frost, who has retired.
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Chaucer’s political violence underwriter Boaz Appiah relocates from London to Singapore
Appiah has been with the China Re company for over four and a half years in London, having joined from Markel.
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Aon taps Jane Hon as associate director for transaction solutions in Asia
Singapore-based Hon will focus on core M&A insurance product lines of warranty and indemnity, tax liability, contingent risk and litigation.
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Veronica Grigg named CEO of Australian insurance brokers Cowden
Experienced insurance industry executive joins the Australian-owned insurance brokers having left loss adjuster Sedgwick in November 2024.
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Lloyd’s promotes Emma Loynes to CEO of Asia Pacific, Middle East, Africa
Singapore-based Loynes succeeds Chris Mackinnon, will leave for Munich Re Specialty in April.
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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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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.
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APAC 2023 marine premiums up 7.5% as global trade recovery drives cargo insurance growth
While the upswing in trade is expected to help premium growth and and the overall claims impact remained stable, uncertainty posed by geopolitical tensions and regional economic outlook could impact the sector.
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Australian underwriters incur 23% lower public liability claims in 2023
Lloyd's public liability claims doubled and PI claims went up 13 times in the country in the last year while other insurers' PI claims were 9% higher year-on-year across all states, according to the 2023 claims data released by the Australian Prudential Regulation Authority.
Cyber insurance has a long way to go to reach next level, says WTW’s Carlos Grijalva, amid soaring demand in Asia
Carlos Grijalva, cyber leader for Hong Kong and greater China at WTW, talks to InsuranceAsia News about the development of the cyber market in Asia.
Building resilience, mitigating risk in APAC’s commercial property insurance market
Martin Au-Yeung, vice president and division underwriting manager at FM, talks to InsuranceAsia News.
AI: "With prudent oversight and strong guardrails, an augmented investment office can allow insurers to confidently ride the private credit boom without being undermined by the complexity they have embraced."
David Pan, Moody’s