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Cyber insurers shift focus from prevention to recovery as agentic AI attacks scale
Policy wordings are broad enough to absorb emerging AI-driven threats, delegates said at InsuranceAsia News' APAC Cyber Risk & Insurance Summit 2026.
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Miramar Group adds Arena Underwriting to specialty portfolio
The specialist events and entertainment MGA has been acquired by Miramar Group.
Miramar Group adds Arena Underwriting to specialty portfolio
The specialist events and entertainment MGA has been acquired by Miramar Group.
The specialist events and entertainment MGA has been acquired by Miramar Group.
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James Wong returns to Aon as APAC head of risk capital advisory
Singapore-based Wong joins from Oneglobal broking, where he was head of client services.
James Wong returns to Aon as APAC head of risk capital advisory
Singapore-based Wong joins from Oneglobal broking, where he was head of client services.
Singapore-based Wong joins from Oneglobal broking, where he was head of client services.
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ICA declares ‘significant event’ after severe storms hit Queensland
Severe thunderstorms are likely to continue in the state through Sunday and Monday, with the Bureau of Meteorology saying that there is a risk of high-end supercell thunderstorm development that could generate giant-sized hail.
ICA declares ‘significant event’ after severe storms hit Queensland
Severe thunderstorms are likely to continue in the state through Sunday and Monday, with the Bureau of Meteorology saying that there is a risk of high-end supercell thunderstorm development that could generate giant-sized hail.
Severe thunderstorms are likely to continue in the state through Sunday and Monday, with the Bureau of Meteorology saying that there is a risk of high-end supercell thunderstorm development that could generate giant-sized hail.
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Willis promotes Masahiro Kawai to head of Japan global practice group for North America
New York-based Kawai has been with the Willis Japan global practice group for nearly 14 years and was most recently a senior director.
Willis promotes Masahiro Kawai to head of Japan global practice group for North America
New York-based Kawai has been with the Willis Japan global practice group for nearly 14 years and was most recently a senior director.
New York-based Kawai has been with the Willis Japan global practice group for nearly 14 years and was most recently a senior director.
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US and China agree to reciprocal extension of port fee suspensions
US won't charge fees on Chinese-linked vessels, while China will suspend US speical port fees on US-linked vessels.
US and China agree to reciprocal extension of port fee suspensions
US won't charge fees on Chinese-linked vessels, while China will suspend US speical port fees on US-linked vessels.
US won't charge fees on Chinese-linked vessels, while China will suspend US speical port fees on US-linked vessels.
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IRDAI considering changes to distribution rules overhaul following industry feedback: report
Insurance Regulatory and Development Authority of India (IRDAI) is now working towards issuing an exposure draft of the proposed regulations by mid-December.
IRDAI considering changes to distribution rules overhaul following industry feedback: report
Insurance Regulatory and Development Authority of India (IRDAI) is now working towards issuing an exposure draft of the proposed regulations by mid-December.
Insurance Regulatory and Development Authority of India (IRDAI) is now working towards issuing an exposure draft of the proposed regulations by mid-December.
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Full Capacity: Microsoft’s contagious outage
This week's newsletter also discusses the Samsung-Canopius deal, a new Lloyd's Syndicate, an M&A update and Hong Kong captive plans.
Full Capacity: Microsoft’s contagious outage
This week's newsletter also discusses the Samsung-Canopius deal, a new Lloyd's Syndicate, an M&A update and Hong Kong captive plans.
This week's newsletter also discusses the Samsung-Canopius deal, a new Lloyd's Syndicate, an M&A update and Hong Kong captive plans.
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Marsh, Willis Re, Swiss Re, Miramar Group: 10 APAC insurance people moves of the week
Marsh Re, QBE, MSI, Knightcorp, Howden and Kiwi General Insurance also made personnel changes over the last week.
Marsh, Willis Re, Swiss Re, Miramar Group: 10 APAC insurance people moves of the week
Marsh Re, QBE, MSI, Knightcorp, Howden and Kiwi General Insurance also made personnel changes over the last week.
Marsh Re, QBE, MSI, Knightcorp, Howden and Kiwi General Insurance also made personnel changes over the last week.
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Australia’s competition regulator opens review into QIB’s Axiom takeover
Competition watchdog has begun assessing Steadfast-backed QIB Group's proposed purchase of the Queensland broker, with a decision due by January 12.
Australia’s competition regulator opens review into QIB’s Axiom takeover
Competition watchdog has begun assessing Steadfast-backed QIB Group's proposed purchase of the Queensland broker, with a decision due by January 12.
Competition watchdog has begun assessing Steadfast-backed QIB Group's proposed purchase of the Queensland broker, with a decision due by January 12.
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‘Loss of email could be ruinous’: cyber market braces for BI claims after Microsoft outage
Event likely to be determined to be a non-malicious technical failure, but the claims activity still expected to be meaningful, according to cyber market sources.
‘Loss of email could be ruinous’: cyber market braces for BI claims after Microsoft outage
Event likely to be determined to be a non-malicious technical failure, but the claims activity still expected to be meaningful, according to cyber market sources.
Event likely to be determined to be a non-malicious technical failure, but the claims activity still expected to be meaningful, according to cyber market sources.
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Kyobo Life eyes majority stake in Axa Korea JV for US$75m: report
Proposed joint venture would restore Kyobo's control of the insurer after nearly two decades.
Kyobo Life eyes majority stake in Axa Korea JV for US$75m: report
Proposed joint venture would restore Kyobo's control of the insurer after nearly two decades.
Proposed joint venture would restore Kyobo's control of the insurer after nearly two decades.
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Hong Kong captives gaining momentum as IA eyes double-digit count
Insurance Authority (IA) CEO Clement Cheung says it is beginning to get positive signals from the market.
Hong Kong captives gaining momentum as IA eyes double-digit count
Insurance Authority (IA) CEO Clement Cheung says it is beginning to get positive signals from the market.
Insurance Authority (IA) CEO Clement Cheung says it is beginning to get positive signals from the market.
Popular posts:
- Samsung Fire & Marine to take full control of Canopius in US$2.5bn deal with KKR, KIC
- Howden to follow US playbook in South Korea, take specialist route in China as Asia Pacific hits double-digit growth
- IRDAI considering changes to distribution rules overhaul following industry feedback: report
- Marsh promotes Asia’s head of marine, cargo, and logistics Michael Walls to global role
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As Singapore pushes digital hub role, Aon signs with Whitespace to bridge APAC connectivity gap
Signing with Verisk's digital trading platform adds a major broker to the platform as Singapore pushes its digital reinsurance hub ambitions, and as Verisk argues APAC is digitally enabled but not yet digitally connected.
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Technology can make insurance ‘more human’ if done right: Ageas UK CEO
Ageas UK CEO Ant Middle says insurers should deploy data and AI to broaden cover and deepen customer understanding, and not to narrow who they will insure.
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Diversification doesn’t eliminate risk – it relocates it, Beazley warns
Chief underwriting officer Paul Bantick tells InsuranceAsia News that businesses cutting dependence on a single supplier, route or market often create fresh exposures elsewhere – and insurers must help brokers and clients spot the gaps before they bite.
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Insurers brace for cyber ‘contagion’ as AI collapses attack window
Experts warn AI has cut the gap between vulnerability and exploit to as little as 20 seconds — and insurers lack the claims capacity for a systemic event.
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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Howden to follow US playbook in South Korea, take specialist route in China as Asia Pacific hits double-digit growth
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SIRC 2026: Markel sees Southeast Asia as critical to international ambitions
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SIRC 2026: Unencumbered by legacy, Willis Re starts afresh in Asia
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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
M&A
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Miramar Group adds Arena Underwriting to specialty portfolio
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Australia’s competition regulator opens review into QIB’s Axiom takeover
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Kyobo Life eyes majority stake in Axa Korea JV for US$75m: report
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Australia’s competition regulator begins Steadfast takeover assessment
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Canopius acquisition to strengthen Samsung Fire & Marine’s global expansion, diversification: AM Best
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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Full Capacity: Microsoft’s contagious outage
This week's newsletter also discusses the Samsung-Canopius deal, a new Lloyd's Syndicate, an M&A update and Hong Kong captive plans.
-
As Singapore pushes digital hub role, Aon signs with Whitespace to bridge APAC connectivity gap
Signing with Verisk's digital trading platform adds a major broker to the platform as Singapore pushes its digital reinsurance hub ambitions, and as Verisk argues APAC is digitally enabled but not yet digitally connected.
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Full Capacity: India’s commission caps could prove costly for brokers
This week's newsletter also discusses a new Lockton's Japan plans, Singapore data centre facility, Hong Kong's AIR framework review, and TFP APAC launch
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SIRC 2026: 4,400 delegates, 5 themes — rates, structures, partnerships, interconnectedness, facultative
The InsuranceAsia News team brings you the big takeaways from this week's event at the Marina Bay Sands — and what they mean for the upcoming renewals.
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SIRC 2026: ‘A softer market doesn’t mean a less risky world’: Lloyd’s APMEA CEO
Structural risk is rising, says Emma Loynes, who expects pressure in some areas into 2027 and sees data centre and AI infrastructure dependencies as the next underwriting challenge.
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SIRC 2026: VIG Re will ‘trade through cycles’, stand by good clients in Asia expansion
Prague-based reinsurer’s APAC managing director Marc Haushofer says, ‘Asia is a good place to grow with caution’.
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SIRC 2026: ‘I don’t think that the market will turn anytime soon’: capital surplus continues to drive rate cuts ahead of 1.1 renewals: William Pang
Asia Reinsurance Brokers Group CEO believes the pace of reduction is decelerating and 'not as severe as in the past major renewals.'
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SIRC 2026: Capacity is plentiful, but softening is selective: Mandarin Re
Chief operating officer Mikhail Grishin warns clients not to underestimate the impact of climate change.
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SIRC 2026: Munich Re sees renewals move beyond price as risk complexity grows
Data centres are 'at the heart' of renewal talks as discussions shift from price to solutions, regional CEO Hitesh Kotak says.
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SIRC 2026: ‘How do we fill the gap?’ Markel’s Bo Yu on AI, young talent and independent judgement
Markel's Asia claims head warns that AI's convenience risks eroding independent judgement among younger staff, and explains how his teams are training to keep it.
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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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Willis promotes Masahiro Kawai to head of Japan global practice group for North America
New York-based Kawai has been with the Willis Japan global practice group for nearly 14 years and was most recently a senior director.
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Willis Re taps Kyung Won as APAC senior leader
He joins from Gallagher Re, where he was regional director and head of APAC sales from August 2025.
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Knightcorp promotes Jessica Tanner to technology account director as build out continues
Perth-based Tanner has been with the Australian broker for almost seven and a half years.
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Karan Ruia joins Indian startup Kiwi General Insurance as head emerging lines underwriter
Mumbai-based Ruia joins having spent 18 months as vice president for finpro at Marsh India.
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Marsh hires Pari Raman as casualty claims advocacy leader for Asia
Singapore-based Raman was previously head of claims at Oneglobal for over five years.
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Swiss Re names Pierre-Albert Bouard as head of Southeast Asia L&H reinsurance
He replaces Liem Phan for the new role in Singapore from February.
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Miramar Group taps Donna Brierley as head of casualty
She joins from AIG, where she was a casualty underwriting manager within the major accounts division from April 2025.
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TFP Asia Pacific secures MAS approval for Lloyd’s service company
Singapore regulator has approved TFP APAC (Syndicate 2126) and TFP APAC (Syndicate 3123) under the Lloyd's Asia Scheme.
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Marsh Re names Zaidi Omar as senior vice president in Malaysia
Kuala Lumpur-based Omar returns after a nearly three-year hiatus, having previously spent nearly two decades with Tokio Marine Asia.
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Marsh promotes Asia’s head of marine, cargo, and logistics Michael Walls to global role
He succeeds Marcus Baker, who has been elevated to the newly created role of chairman for marine, cargo, and logistics.
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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.
Reinsurers well positioned to expand earnings protection covers: Marsh Re’s Tony Gallagher
Cedents should look to rebalance their overall reinsurance protection and focus on retentions and limits purchased, Tony Gallagher, Asia Pacific CEO of Marsh Re, says.
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.
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