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Global insured cat losses hit US$92bn to Q3, lowest since 2019: Gallagher Re
Japan's July Kumamoto earthquake was the costliest event in APAC with US$1.3bn insured and US$8bn in economic losses.
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Skuld’s Wei Fan to take Hong Kong helm in late 2027, Patrick Wang to chair Far East unit
P&I club unveil a global restructuring, which will see Nick March handed an expanded remit as Singapore and Japan head.
Skuld’s Wei Fan to take Hong Kong helm in late 2027, Patrick Wang to chair Far East unit
P&I club unveil a global restructuring, which will see Nick March handed an expanded remit as Singapore and Japan head.
P&I club unveil a global restructuring, which will see Nick March handed an expanded remit as Singapore and Japan head.
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Sompo Indonesia sets up sharia insurance arm to offer greater clarity, focus
Sompo Indonesia has been providing sharia-based asset protection services since 2017.
Sompo Indonesia sets up sharia insurance arm to offer greater clarity, focus
Sompo Indonesia has been providing sharia-based asset protection services since 2017.
Sompo Indonesia has been providing sharia-based asset protection services since 2017.
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Australia’s cyclone pool swings back into profitability in FY26 on lower claims, provisions
Australian Reinsurance Pool Corporation’s cyclone pool made a US$492m positive operating profit in FY26, up from an operating loss of AU$1.2bn in FY25.
Australia’s cyclone pool swings back into profitability in FY26 on lower claims, provisions
Australian Reinsurance Pool Corporation’s cyclone pool made a US$492m positive operating profit in FY26, up from an operating loss of AU$1.2bn in FY25.
Australian Reinsurance Pool Corporation’s cyclone pool made a US$492m positive operating profit in FY26, up from an operating loss of AU$1.2bn in FY25.
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AUB Group to acquire Aon’s One Underwriting Australia
Deal remains subject to regulatory approval and customary completion conditions.
AUB Group to acquire Aon’s One Underwriting Australia
Deal remains subject to regulatory approval and customary completion conditions.
Deal remains subject to regulatory approval and customary completion conditions.
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‘We can’t keep rebuilding after every disaster’: insurers demand climate action from next New Zealand government
Prime Minister Christopher Luxon and Labour leader Chris Hipkins took part in a debate on Tuesday's ahead of next month's general election.
‘We can’t keep rebuilding after every disaster’: insurers demand climate action from next New Zealand government
Prime Minister Christopher Luxon and Labour leader Chris Hipkins took part in a debate on Tuesday's ahead of next month's general election.
Prime Minister Christopher Luxon and Labour leader Chris Hipkins took part in a debate on Tuesday's ahead of next month's general election.
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IndusInd General Insurance appoints Sharad Mathur as new CEO, managing director
He previously led Universal Sompo General Insurance.
IndusInd General Insurance appoints Sharad Mathur as new CEO, managing director
He previously led Universal Sompo General Insurance.
He previously led Universal Sompo General Insurance.
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Senior liability underwriter Jane Makin swaps Berkley Insurance Australia for Dual Australia
She had spent over three and a half years at Berkley Insurance Australia having joined from Inglis Insurance Brokers as an underwriter in March 2023.
Senior liability underwriter Jane Makin swaps Berkley Insurance Australia for Dual Australia
She had spent over three and a half years at Berkley Insurance Australia having joined from Inglis Insurance Brokers as an underwriter in March 2023.
She had spent over three and a half years at Berkley Insurance Australia having joined from Inglis Insurance Brokers as an underwriter in March 2023.
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Dual strengthens title, legal indemnity capabilities with new international binder
New capacity of up to US$428m enhances the MGA's ability to support complex cross-border transactions through increased limits and broader geographical reach, including APAC.
Dual strengthens title, legal indemnity capabilities with new international binder
New capacity of up to US$428m enhances the MGA's ability to support complex cross-border transactions through increased limits and broader geographical reach, including APAC.
New capacity of up to US$428m enhances the MGA's ability to support complex cross-border transactions through increased limits and broader geographical reach, including APAC.
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Siew Choo Tan to succeed Ivan Chan as Helvetia Asia CEO
Chan, who held the role for the last nine years, will transition into the role of senior adviser 'for a defined period during the handover phase,' also effective from January 1.
Siew Choo Tan to succeed Ivan Chan as Helvetia Asia CEO
Chan, who held the role for the last nine years, will transition into the role of senior adviser 'for a defined period during the handover phase,' also effective from January 1.
Chan, who held the role for the last nine years, will transition into the role of senior adviser 'for a defined period during the handover phase,' also effective from January 1.
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Gallagher Australia hires John Mutton to lead affinity business
Mutton will start early 2027 and report to Alex Lumby, the broker’s Australia CEO.
Gallagher Australia hires John Mutton to lead affinity business
Mutton will start early 2027 and report to Alex Lumby, the broker’s Australia CEO.
Mutton will start early 2027 and report to Alex Lumby, the broker’s Australia CEO.
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Australia’s cyclone pool cuts up to 37% of home insurance premiums in high-risk areas
Premiums have continued to rise in lower-risk areas, consistent with broader movements in the home insurance market, according to the Australian Reinsurance Pool Corporation.
Australia’s cyclone pool cuts up to 37% of home insurance premiums in high-risk areas
Premiums have continued to rise in lower-risk areas, consistent with broader movements in the home insurance market, according to the Australian Reinsurance Pool Corporation.
Premiums have continued to rise in lower-risk areas, consistent with broader movements in the home insurance market, according to the Australian Reinsurance Pool Corporation.
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Cara Fitzpatrick joins HDI Global as senior claims adjuster
She previously held senior claims roles at Berkshire Hathaway Specialty Insurance, Axa XL and AIG.
Cara Fitzpatrick joins HDI Global as senior claims adjuster
She previously held senior claims roles at Berkshire Hathaway Specialty Insurance, Axa XL and AIG.
She previously held senior claims roles at Berkshire Hathaway Specialty Insurance, Axa XL and AIG.
Popular posts:
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- Riyadh attacks test aviation insurers’ appetite for Middle East risk
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A long way from chicken sheds, BESS market comes of age as insurers face new data centres co-location exposure
Battery energy storage system (BESS) pricing has fallen sharply, but thermal runaway remains a concern for insurers, Tom Harries, director of energy, power, and infrastructure at broker Amwins, tells InsuranceAsia News' Between the Lines podcast.
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‘A lot of hunger to grow’: strong reinsurer results drive further softening in APAC, Howden Re’s Andy Souter says
Reinsurers face growing pressure to improve terms and offer innovative structures at 1.1 renewals amid intense competition, according to the broker’s APAC head tells InsuranceAsia News.
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Riyadh attacks test aviation insurers’ appetite for Middle East risk
Insurers weigh continued support for aviation clients against escalating war risks after Houthi attacks on Riyadh's King Khalid International Airport destroy six aircraft and threaten Saudi airspace.
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‘Real step forward’ for Asian ILS as Hong Kong, Singapore eye PCCs
Arrival of protected cell companies (PCC) in Hong Kong and Singapore is set to drive the growth of third-party capital in the region, according to market sources.
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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AUB Group to acquire Aon’s One Underwriting Australia
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Japan’s MS&AD considering deal for Malaysian insurer LPI Capital: Bloomberg
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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
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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Skuld’s Wei Fan to take Hong Kong helm in late 2027, Patrick Wang to chair Far East unit
P&I club unveil a global restructuring, which will see Nick March handed an expanded remit as Singapore and Japan head.
-
IndusInd General Insurance appoints Sharad Mathur as new CEO, managing director
He previously led Universal Sompo General Insurance.
-
Senior liability underwriter Jane Makin swaps Berkley Insurance Australia for Dual Australia
She had spent over three and a half years at Berkley Insurance Australia having joined from Inglis Insurance Brokers as an underwriter in March 2023.
-
Siew Choo Tan to succeed Ivan Chan as Helvetia Asia CEO
Chan, who held the role for the last nine years, will transition into the role of senior adviser 'for a defined period during the handover phase,' also effective from January 1.
-
Gallagher Australia hires John Mutton to lead affinity business
Mutton will start early 2027 and report to Alex Lumby, the broker’s Australia CEO.
-
Cara Fitzpatrick joins HDI Global as senior claims adjuster
She previously held senior claims roles at Berkshire Hathaway Specialty Insurance, Axa XL and AIG.
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Ergo Insurance appoints Prasirt Rerkumnuaychok as chief distribution officer
Bangkok-based Rerkumnuaychok joins with more than 20 years of industry experience, including over five years at AIG Thailand as chief agency officer.
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‘Full-circle moment’ as Kathleen Warden returns to Chubb as head of ANZ P&C
She is a well known name in Australia's insurance industry, having previously served as CEO of AIG Australia.
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Specialist Risk Group Australia adds Simon McMahon to credit, political risk team
Sydney-based McMahon joins as a partner from Aon, where he was part of the structured credit and surety solutions team.
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Marsh hires Sulav Saha as head of digital for Pacific region
He was previously with Aon for more than five years.
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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.
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.
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.
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