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Exclusive: BMS shuts Hong Kong office, Asia CEO Sandra Lee headed for Lockton
The broker has exited its regional private equity, M&A and tax (PEMAT) practice, while confirming its Singapore office will “remain central” to its Asia strategy.
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Exclusive: Peak Re ready for next phase of growth, embrace new era: Franz-Josef Hahn
In an exclusive interview, founding CEO says the Hong Kong-based reinsurer has reached 'the appropriate moment for a succession', urging his successor to maintain the founding principle of 'courage to deliver' through all market cycles.
Exclusive: Peak Re ready for next phase of growth, embrace new era: Franz-Josef Hahn
In an exclusive interview, founding CEO says the Hong Kong-based reinsurer has reached 'the appropriate moment for a succession', urging his successor to maintain the founding principle of 'courage to deliver' through all market cycles.
In an exclusive interview, founding CEO says the Hong Kong-based reinsurer has reached 'the appropriate moment for a succession', urging his successor to maintain the founding principle of 'courage to deliver' through all market cycles.
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Philippine non-life profit gains continue as premium growth moderates amid catastrophe pressure: AM Best
Non-life insurers hold a stable outlook on solid premium growth, strong investment income and easing reinsurance capacity, despite rising catastrophe exposure, inflationary pressure and tighter regulatory oversight.
Philippine non-life profit gains continue as premium growth moderates amid catastrophe pressure: AM Best
Non-life insurers hold a stable outlook on solid premium growth, strong investment income and easing reinsurance capacity, despite rising catastrophe exposure, inflationary pressure and tighter regulatory oversight.
Non-life insurers hold a stable outlook on solid premium growth, strong investment income and easing reinsurance capacity, despite rising catastrophe exposure, inflationary pressure and tighter regulatory oversight.
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Generali GC&C hires Zurich’s Kai Ao as head of business development
Singapore-based Ao was most recently an execution manager for the CEO's office and commercial insurance in Asia at Zurich.
Generali GC&C hires Zurich’s Kai Ao as head of business development
Singapore-based Ao was most recently an execution manager for the CEO's office and commercial insurance in Asia at Zurich.
Singapore-based Ao was most recently an execution manager for the CEO's office and commercial insurance in Asia at Zurich.
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China names ex-PICC chair Ding Xiangqun as NFRA chief
She succeeds Li Yunze, who was reportedly removed from his post with the National Financial Regulatory Administration (NFRA) in April.
China names ex-PICC chair Ding Xiangqun as NFRA chief
She succeeds Li Yunze, who was reportedly removed from his post with the National Financial Regulatory Administration (NFRA) in April.
She succeeds Li Yunze, who was reportedly removed from his post with the National Financial Regulatory Administration (NFRA) in April.
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Howden names Kyle Ng as multinational client practice director
Hong Kong-based Ng joins from WTW, where he had been a director for property and casualty since November.
Howden names Kyle Ng as multinational client practice director
Hong Kong-based Ng joins from WTW, where he had been a director for property and casualty since November.
Hong Kong-based Ng joins from WTW, where he had been a director for property and casualty since November.
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Filipino carriers confirm merger as FPG Mercantile
Philippine Competition Commission had cleared the merger of FPG Insurance and The Mercantile Insurance in January.
Filipino carriers confirm merger as FPG Mercantile
Philippine Competition Commission had cleared the merger of FPG Insurance and The Mercantile Insurance in January.
Philippine Competition Commission had cleared the merger of FPG Insurance and The Mercantile Insurance in January.
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Lockton appoints Siva Thangavelu as Malaysia COO
He was most recently with Swiss Re in Malaysia.
Lockton appoints Siva Thangavelu as Malaysia COO
He was most recently with Swiss Re in Malaysia.
He was most recently with Swiss Re in Malaysia.
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Gallagher Australia hires Blake Gleeson as chief client officer
He joins the broker in Perth from Marsh for the newly created role.
Gallagher Australia hires Blake Gleeson as chief client officer
He joins the broker in Perth from Marsh for the newly created role.
He joins the broker in Perth from Marsh for the newly created role.
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QBE appoints Andy Tsui to dual underwriting, people risk roles
Based in Hong Kong, Tsui will report to Lei Yu, chief executive officer of North Asia.
QBE appoints Andy Tsui to dual underwriting, people risk roles
Based in Hong Kong, Tsui will report to Lei Yu, chief executive officer of North Asia.
Based in Hong Kong, Tsui will report to Lei Yu, chief executive officer of North Asia.
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Allianz Commercial continues Japan build out, taps Masahide Naito to lead property
He joins from AIG Japan, where he was most recently head of commercial property.
Allianz Commercial continues Japan build out, taps Masahide Naito to lead property
He joins from AIG Japan, where he was most recently head of commercial property.
He joins from AIG Japan, where he was most recently head of commercial property.
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Exclusive: Victor Kuk draws up blueprint for a ‘truly global’ Peak Re
It will not be ‘more of the same’, the new CEO of the Hong Kong-based reinsurer says as he lays out his vision to scale the firm into a top-tier global contender in his first exclusive interview since taking the helm.
Exclusive: Victor Kuk draws up blueprint for a ‘truly global’ Peak Re
It will not be ‘more of the same’, the new CEO of the Hong Kong-based reinsurer says as he lays out his vision to scale the firm into a top-tier global contender in his first exclusive interview since taking the helm.
It will not be ‘more of the same’, the new CEO of the Hong Kong-based reinsurer says as he lays out his vision to scale the firm into a top-tier global contender in his first exclusive interview since taking the helm.
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Tiptree, Warburg Pincus complete US$1.65bn Fortegra sale to DB Insurance
The all-cash deal marks DB's entry into the US and Europe's non-life insurance markets.
Tiptree, Warburg Pincus complete US$1.65bn Fortegra sale to DB Insurance
The all-cash deal marks DB's entry into the US and Europe's non-life insurance markets.
The all-cash deal marks DB's entry into the US and Europe's non-life insurance markets.
Popular posts:
- Zurich’s US$11bn Beazley deal draws Australian antitrust scrutiny over ‘competitive overlap’
- Beyond the canvas: APAC fine art and specie insurance boom fuelled by rising risks, shifting wealth patterns
- Michael Hannigan returns to AIG in Australia
- Victor Kuk draws up blueprint for a ‘truly global’ Peak Re
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‘Pronounced softening’ at Florida renewals bodes well for APAC insureds, but long-term risks are building
Double-digit price cuts at the June 1 Florida renewals point to near-term relief for APAC cedents, yet rising coastal exposure and inflation-driven construction costs warn that rating adequacy remains a longer-term challenge.
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Beyond the canvas: APAC fine art and specie insurance boom fuelled by rising risks, shifting wealth patterns
Industry insiders tell InsuranceAsia News that wealth accumulation, art-finance links, and softer pricing drive insurer interest, while geopolitical and transit risks reshape underwriting.
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Asia Pacific MGA market has ‘a lot of headroom’ for growth
GC Access' Steve Warwick highlights strong expansion potential, with MGAs generating new business through talent and technology.
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‘Extremely unpredictable’: Marsh, Aon warn of critical risk, tighter terms for Strait of Hormuz transits
Escalating clashes in the key waterway have forced insurers to radically reduce deployment and recalibrate pricing in near real-time, industry insiders say.
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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Exclusive: Peak Re ready for next phase of growth, embrace new era: Franz-Josef Hahn
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Exclusive: Victor Kuk draws up blueprint for a ‘truly global’ Peak Re
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‘Asia is an active strategic focus’: Fidelis aims to bulk up property treaty, specialty lines
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‘We get Asia, we’re committed, we’re long term’: Miller charts selective growth in Japan, South Korea, and beyond
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Consistency, not cycles, drives Asia Pacific strategy, Allianz Re’s Anna Kohls says
M&A
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Filipino carriers confirm merger as FPG Mercantile
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Tiptree, Warburg Pincus complete US$1.65bn Fortegra sale to DB Insurance
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Hyundai Marine & Fire Insurance to expand into Europe, Southeast Asia: report
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South Korea’s DB Insurance set to complete Fortegra acquisition
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Tokio Marine outlines capacity for over US$10bn in M&A following Berkshire deal
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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PartnerRe | Understanding ageing in APAC: why perception, planning and protection don’t always align
Ageing is shaping finances, family dynamics and insurance needs of the caregiving ecosystem, but current product propositions and underwriting frameworks are not keeping pace with protection needs, finds PartnerRe survey.
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Exclusive: BMS shuts Hong Kong office, Asia CEO Sandra Lee headed for Lockton
The broker has exited its regional private equity, M&A and tax (PEMAT) practice, while confirming its Singapore office will “remain central” to its Asia strategy.
-
Generali GC&C hires Zurich’s Kai Ao as head of business development
Singapore-based Ao was most recently an execution manager for the CEO's office and commercial insurance in Asia at Zurich.
-
China names ex-PICC chair Ding Xiangqun as NFRA chief
She succeeds Li Yunze, who was reportedly removed from his post with the National Financial Regulatory Administration (NFRA) in April.
-
Howden names Kyle Ng as multinational client practice director
Hong Kong-based Ng joins from WTW, where he had been a director for property and casualty since November.
-
Lockton appoints Siva Thangavelu as Malaysia COO
He was most recently with Swiss Re in Malaysia.
-
Gallagher Australia hires Blake Gleeson as chief client officer
He joins the broker in Perth from Marsh for the newly created role.
-
QBE appoints Andy Tsui to dual underwriting, people risk roles
Based in Hong Kong, Tsui will report to Lei Yu, chief executive officer of North Asia.
-
Allianz Commercial continues Japan build out, taps Masahide Naito to lead property
He joins from AIG Japan, where he was most recently head of commercial property.
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Lavanya Mundayur returns to New India Assurance as chairman, managing director
With 35 years of experience, Mundayur is currently chairman cum managing director of Agriculture Insurance Company.
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Samsung Re promotes Adi Salleh to head of Southeast Asia facultative property
Singapore-based Salleh was most recently senior underwriter for property, power and energy.
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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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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.
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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.
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.
Asia offers diversification amid global market softening: Miller’s Ron Whyte
Ron Whyte, head of Asia at Miller, talks to InsuranceAsia News about the broker’s ongoing expansion in Japan and South Korea, and the state of the reinsurance broking market in the region.
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