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Gallagher Specialty eyes Hong Kong, South Korea, Thailand as it bids to be ‘market disruptor’
Specialty broker’s Asia CEO Adam Sullivan outlines regional growth ambitions, specialty build-out and plans to disrupt established players.
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Marsh to pay largest share of US$800m Credit Suisse Greensill settlement: FT
While IAG, Tokio Marine announced they settled the lawsuit out of court, Financial Times report said Marsh also agreed to the settlement.
Marsh to pay largest share of US$800m Credit Suisse Greensill settlement: FT
While IAG, Tokio Marine announced they settled the lawsuit out of court, Financial Times report said Marsh also agreed to the settlement.
While IAG, Tokio Marine announced they settled the lawsuit out of court, Financial Times report said Marsh also agreed to the settlement.
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Stephanie Roth rejoins Allianz Australia as senior liability underwriter
Perth-based Roth rejoins the firm from Liberty Specialty Markets, where she spent over five years in casualty underwriting roles.
Stephanie Roth rejoins Allianz Australia as senior liability underwriter
Perth-based Roth rejoins the firm from Liberty Specialty Markets, where she spent over five years in casualty underwriting roles.
Perth-based Roth rejoins the firm from Liberty Specialty Markets, where she spent over five years in casualty underwriting roles.
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AM Best upgrades Dah Sing Insurance ratings on strong business growth, diversified portfolio
Rating agency upgrades financial strength rating to A (excellent) and long-term issuer credit ratings to a (excellent).
AM Best upgrades Dah Sing Insurance ratings on strong business growth, diversified portfolio
Rating agency upgrades financial strength rating to A (excellent) and long-term issuer credit ratings to a (excellent).
Rating agency upgrades financial strength rating to A (excellent) and long-term issuer credit ratings to a (excellent).
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Thailand makes first payout under new disaster insurance scheme
Prime Minister Anutin Charnvirakul says the scheme is 'intended to reassure the people that the government's concerns and preparations for quick assistance are real'.
Thailand makes first payout under new disaster insurance scheme
Prime Minister Anutin Charnvirakul says the scheme is 'intended to reassure the people that the government's concerns and preparations for quick assistance are real'.
Prime Minister Anutin Charnvirakul says the scheme is 'intended to reassure the people that the government's concerns and preparations for quick assistance are real'.
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China P&I formally applies to join International Group of P&I Clubs
Application will be considered during the coming months, but will not impact the 2027 renewals.
China P&I formally applies to join International Group of P&I Clubs
Application will be considered during the coming months, but will not impact the 2027 renewals.
Application will be considered during the coming months, but will not impact the 2027 renewals.
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Singapore-flagged container vessel sunk in Strait of Hormuz ‘matter for war risk underwriters’, West says
GFS Pride was struck by an unknown projectile, although all 21 crew members were safely evacuated and no injuries have been reported, according to the Maritime and Port Authority of Singapore.
Singapore-flagged container vessel sunk in Strait of Hormuz ‘matter for war risk underwriters’, West says
GFS Pride was struck by an unknown projectile, although all 21 crew members were safely evacuated and no injuries have been reported, according to the Maritime and Port Authority of Singapore.
GFS Pride was struck by an unknown projectile, although all 21 crew members were safely evacuated and no injuries have been reported, according to the Maritime and Port Authority of Singapore.
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Hong Kong’s Peak Re joins GAIP as principal partner
Peak Re will contribute to shaping perspectives on the pressing risk challenges facing the region and engage with Global Asia Insurance Partnership (GAIP) through its working groups, dialogues, and collaborative initiatives.
Hong Kong’s Peak Re joins GAIP as principal partner
Peak Re will contribute to shaping perspectives on the pressing risk challenges facing the region and engage with Global Asia Insurance Partnership (GAIP) through its working groups, dialogues, and collaborative initiatives.
Peak Re will contribute to shaping perspectives on the pressing risk challenges facing the region and engage with Global Asia Insurance Partnership (GAIP) through its working groups, dialogues, and collaborative initiatives.
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Natural hazard risks driving more New Zealanders to seek expert help from insurance brokers: IBANZ
Over 90% of Insurance Brokers Association of New Zealand (IBANZ) brokers report increased demand for natural hazard insurance advice, while 60% say natural hazards and climate change making insurance harder to place.
Natural hazard risks driving more New Zealanders to seek expert help from insurance brokers: IBANZ
Over 90% of Insurance Brokers Association of New Zealand (IBANZ) brokers report increased demand for natural hazard insurance advice, while 60% say natural hazards and climate change making insurance harder to place.
Over 90% of Insurance Brokers Association of New Zealand (IBANZ) brokers report increased demand for natural hazard insurance advice, while 60% say natural hazards and climate change making insurance harder to place.
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Howden Australia appoints Catherine Osbourne as Pacific head of technical, claims
She was formerly chief claims officer for the Pacific at Marsh.
Howden Australia appoints Catherine Osbourne as Pacific head of technical, claims
She was formerly chief claims officer for the Pacific at Marsh.
She was formerly chief claims officer for the Pacific at Marsh.
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McLarens’ Nathan Baran swaps Sydney for Singapore, named regional loss adjuster
He is in his second stint with McLarens, having also worked for Marsh, Aimtech, and local insurance broker O'Regan Group Insurance Brokers.
McLarens’ Nathan Baran swaps Sydney for Singapore, named regional loss adjuster
He is in his second stint with McLarens, having also worked for Marsh, Aimtech, and local insurance broker O'Regan Group Insurance Brokers.
He is in his second stint with McLarens, having also worked for Marsh, Aimtech, and local insurance broker O'Regan Group Insurance Brokers.
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India launches pair of shipbuilding credit risk insurance policies
Policies will cover export and domestic shipbuilding projects, with government premium subsidies and direct support to insurers for claims.
India launches pair of shipbuilding credit risk insurance policies
Policies will cover export and domestic shipbuilding projects, with government premium subsidies and direct support to insurers for claims.
Policies will cover export and domestic shipbuilding projects, with government premium subsidies and direct support to insurers for claims.
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Hong Kong’s first sidecar raises US$12m for PICC P&C
Landmark deal is a key milestone in the development of Hong Kong's ILS market.
Hong Kong’s first sidecar raises US$12m for PICC P&C
Landmark deal is a key milestone in the development of Hong Kong's ILS market.
Landmark deal is a key milestone in the development of Hong Kong's ILS market.
Popular posts:
- Howden Australia drafts Marsh team for sport, entertainment practice build-out
- FWD to re-enter P&C with 25% stake in bolttech Hong Kong for US$21m
- Thailand’s insured flood losses to date in 2026 at US$297–327m: OIC
- Gallagher Specialty eyes Hong Kong, South Korea, Thailand as it bids to be ‘market disruptor’
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‘Sense of fatalism’ abounds over assessment of impact of conflict on supply chains
The market struggles to innovate on supply chain contingent business interruption and to quantify manufacturing network and financial contagion risk, Russell Group’s Suki Basi says.
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Insurers urged to step up as risk managers confront ‘flock of black swans’
With companies demanding ever more from their risk managers, demand at the Ferma Forum was for insurance partners to deliver more than they currently do.
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‘We must challenge the status quo’: insurance cycle no longer fit for purpose, risk management chief warns
President Philippe Cotelle tells the Federation of European Risk Management Associations (Ferma) Forum 2026 in Rotterdam that insurers must change to remain relevant to global organisations.
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El Nino changes risk conversation as Australian insurers scrutinise bushfire, flood exposure
Industry sources say pricing and reinsurance are set with a longer-term view, with catastrophe models and scenario testing informing risk assessment rather than adjustments to individual climate cycles.
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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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
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Asia emerges as international programs hub as regional firms centralise risk management: HDI Global
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‘Good times’ for India’s reinsurance buyers despite rising El Nino climate risk: Edme’s Vinod Krishnan
M&A
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IAG offers to trade NRMA Western Australia renewal rights for RACI deal approval
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Shinhan Financial agrees US$516m deal for controlling stake in Lotte Insurance
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FWD to re-enter P&C with 25% stake in bolttech Hong Kong for US$21m
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Australia’s competition tribunal halts IAG-RACI appeal pending ACCC public benefit ruling
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TT Club and UK P&I Club members vote to merge, creating Unified Transport Mutual
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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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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Are insurers capturing full value from the asset class? BlackRock shares its perspective.
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Asia's subsea industry is expanding and evolving rapidly, with the growing use of technology across the region changing the way risks are be assessed.
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Stephanie Roth rejoins Allianz Australia as senior liability underwriter
Perth-based Roth rejoins the firm from Liberty Specialty Markets, where she spent over five years in casualty underwriting roles.
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Howden Australia appoints Catherine Osbourne as Pacific head of technical, claims
She was formerly chief claims officer for the Pacific at Marsh.
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McLarens’ Nathan Baran swaps Sydney for Singapore, named regional loss adjuster
He is in his second stint with McLarens, having also worked for Marsh, Aimtech, and local insurance broker O'Regan Group Insurance Brokers.
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Zurich taps Scott Yin as China unit CEO
He was formerly with Axa Tianping for over a decade.
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Zurich appoints Martin Noble to expanded role as greater China CFO
Noble is currently CFO for Hong Kong and has been working at the insurer for nearly 13 years.
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Howden Australia drafts Marsh team for sport, entertainment practice build-out
'In a significant investment in the sector', the broker appoints Simon Calabrese as head of entertainment and leisure, while four other former Marsh employees join as senior associates.
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Parametric specialist IBISA appoints Samdarshi Vikram Singh as India CEO
Luxembourg-based company palns to extend its work beyond agriculture into lending, SMEs, renewable energy and other sectors exposed to climate volatility.
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BMS Group taps Grant Robertson as executive broker
Robertson was formerly head of complex risks at Donaldson Brown.
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Howden Re hires Titus Wu as associate director for APAC facultative
Wu relocated to Singapore from Hong Kong, where he was most recently an associate director at Aon.
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Specialty MGA hires David Higgins to lead global bloodstock expansion
MNK Group's new portfolio will have a global remit, with a particular focus on opportunities in Australasia, the US, the UK, and Europe.
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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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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 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.
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.
‘Right time for Hong Kong to push captive ambition’: Willis’ Steve Hutchinson
Steve Hutchinson, head of corporate risk and broking for Hong Kong and Macau at Willis, tells InsuranceAsia News about the ongoing evolution of Hong Kong’s captives regime and how multinational corporations are adapting their risk management strategies.
Claims: "In a region as diverse as Asia, understanding how insurance is intended to respond in practice can be just as important as understanding what the policy covers."
Pavlos Spyropoulos, Tokio Marine Kiln