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Mapfre Re secures regulatory approval to establish Gift City presence
India is one of the 'fundamental pillars' of the Spanish reinsurer's growth strategy in APAC, according to regional chief Javier Sánchez Cea.
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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.
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.
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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Lloyd’s, Allianz Commercial, Aon, Lockton, Markel: 12 APAC insurance people moves of the week
Howden, Price Forbes, Lonpac Insurance, Zurich, Cowden, Axa XL, Market Lane, 360 Underwriting Solutions and Sedgwick also made personnel changes over the last week.
Lloyd’s, Allianz Commercial, Aon, Lockton, Markel: 12 APAC insurance people moves of the week
Howden, Price Forbes, Lonpac Insurance, Zurich, Cowden, Axa XL, Market Lane, 360 Underwriting Solutions and Sedgwick also made personnel changes over the last week.
Howden, Price Forbes, Lonpac Insurance, Zurich, Cowden, Axa XL, Market Lane, 360 Underwriting Solutions and Sedgwick also made personnel changes over the last week.
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Sompo profits boosted by reduced natural catastrophe losses
Sompo is on track to achieve a record profit in FY25.
Sompo profits boosted by reduced natural catastrophe losses
Sompo is on track to achieve a record profit in FY25.
Sompo is on track to achieve a record profit in FY25.
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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.
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.
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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Tokio Marine upgrades FY25 forecasts after better-than-expected Q3 results
Tokio Marine said that its adjusted net income in the first nine months of FY25 was JPY984.5 billion (US$6.42 billion).
Tokio Marine upgrades FY25 forecasts after better-than-expected Q3 results
Tokio Marine said that its adjusted net income in the first nine months of FY25 was JPY984.5 billion (US$6.42 billion).
Tokio Marine said that its adjusted net income in the first nine months of FY25 was JPY984.5 billion (US$6.42 billion).
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MS&AD reports 7.5% increase net premiums written to US$24.8bn in Q3 FY25
Japanese conglomerate also announces it has reached a final agreement to merge Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance.
MS&AD reports 7.5% increase net premiums written to US$24.8bn in Q3 FY25
Japanese conglomerate also announces it has reached a final agreement to merge Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance.
Japanese conglomerate also announces it has reached a final agreement to merge Mitsui Sumitomo Insurance and Aioi Nissay Dowa Insurance.
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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.
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.
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.
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.
Singapore-based Loynes succeeds Chris Mackinnon, will leave for Munich Re Specialty in April.
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Vietnam’s 15% insurance rate surge in Q4 2025 contrasts with declines in most Asian markets: Marsh
Japan is the other Asian market experiencing a rate increase, albeit modest at 1%, according to Marsh's Asia Insurance Market Index.
Vietnam’s 15% insurance rate surge in Q4 2025 contrasts with declines in most Asian markets: Marsh
Japan is the other Asian market experiencing a rate increase, albeit modest at 1%, according to Marsh's Asia Insurance Market Index.
Japan is the other Asian market experiencing a rate increase, albeit modest at 1%, according to Marsh's Asia Insurance Market Index.
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APAC insurers face a surge in M&A activity: Clearwater Analytics
Findings show 96% of asset management executives predict a consolidation wave as firms seek scale and operational advantages from M&A.
APAC insurers face a surge in M&A activity: Clearwater Analytics
Findings show 96% of asset management executives predict a consolidation wave as firms seek scale and operational advantages from M&A.
Findings show 96% of asset management executives predict a consolidation wave as firms seek scale and operational advantages from M&A.
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Global insurtech funding surges 66.8% in Q4 to US$1.68bn as AI-led investment accelerates: Gallagher Re
Fourth-quarter funding jumped from US$1.01bn in Q3, while deal volume rose sharply to the highest count since early 2022, according to the Global InsurTech Report.
Global insurtech funding surges 66.8% in Q4 to US$1.68bn as AI-led investment accelerates: Gallagher Re
Fourth-quarter funding jumped from US$1.01bn in Q3, while deal volume rose sharply to the highest count since early 2022, according to the Global InsurTech Report.
Fourth-quarter funding jumped from US$1.01bn in Q3, while deal volume rose sharply to the highest count since early 2022, according to the Global InsurTech Report.
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Envest-backed ‘like-minded agencies’ complete merger, confirm leadership team
Blue Zebra Insurance, The Proplab Group, including SGUA and Allstate Underwriting, and Point Insurance completed their merger on Wednesday, with Rowan Watson named CEO of the combined group.
Envest-backed ‘like-minded agencies’ complete merger, confirm leadership team
Blue Zebra Insurance, The Proplab Group, including SGUA and Allstate Underwriting, and Point Insurance completed their merger on Wednesday, with Rowan Watson named CEO of the combined group.
Blue Zebra Insurance, The Proplab Group, including SGUA and Allstate Underwriting, and Point Insurance completed their merger on Wednesday, with Rowan Watson named CEO of the combined group.
Popular posts:
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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.
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Hannover Re grows APAC premiums 2% at 1.1 despite broadening market terms, pockets of weak pricing
While 1.4 renewals will likely similar momentum, market will be mindful of last year's acceleration in rate reduction, executive board member for P&C Sven Althoff tells InsuranceAsia News.
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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Aon taps Jane Hon as associate director for transaction solutions in Asia
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APAC insurers face a surge in M&A activity: Clearwater Analytics
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Envest-backed ‘like-minded agencies’ complete merger, confirm leadership team
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Specialist Risk Group launches in Australia, acquires entertainment broker H2
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South Korean trio explore India insurance expansion: reports
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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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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Howden elevates Eva Li to GM for fac reinsurance in China
Shanghai-based Li had been with Howden since 2021 as the representative for the China market, managing the reinsurance portfolio in the country.
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Markel names John Bang as head of South Korea and Japan
Markel says the the newly created role reflects its commitment to expand in the key markets.
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Lockton hires Aon veteran David Gower as Pacific region chief client officer
Adelaide-based Gower previously spent 46 years at Aon, most recently as South Australia director for global and corporate operations.
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Market Lane appoints Grace Best as property underwriter for Barn Underwriting Agency
Brisbane-based Best brings over 14 years of experience across property underwriting and claims.
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Sedgwick lands Chad Cillie as marine surveyor
He has over 18 years specialising in pleasure, fishing, and commercial vessels.
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Martijn de Lange rejoins Aon as MD for transaction solutions in Asia Pacific
Hong Kong-based De Lange joins from BMS Group, where he was a managing director since October 2020.
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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