-
Geopolitics, container fires, energy transition shaping marine insurance dynamics: IUMI’s Lars Lange
With the shipping business very clearly shifting to Asia, the industry group is looking to grow its presence in the region.
-
-
Allianz looks to exit decades-old India JV with Bajaj: report
It is eyeing an exit from life and general JVs because its Indian partner is not allowing the German insurer to raise its stakes at a discounted price.
Allianz looks to exit decades-old India JV with Bajaj: report
It is eyeing an exit from life and general JVs because its Indian partner is not allowing the German insurer to raise its stakes at a discounted price.
It is eyeing an exit from life and general JVs because its Indian partner is not allowing the German insurer to raise its stakes at a discounted price.
-
Cyclone pool earned premiums ‘significantly’ lower than expected: ARPC
The 2024 Financial Outlook Report by the Australian Reinsurance Pool Corporation stated that the cyclone pool recorded an overall surplus of US$291m in FY 2024.
Cyclone pool earned premiums ‘significantly’ lower than expected: ARPC
The 2024 Financial Outlook Report by the Australian Reinsurance Pool Corporation stated that the cyclone pool recorded an overall surplus of US$291m in FY 2024.
The 2024 Financial Outlook Report by the Australian Reinsurance Pool Corporation stated that the cyclone pool recorded an overall surplus of US$291m in FY 2024.
-
FWD Group reshuffles Malaysia leadership, promotes Aman Chowla to CEO of takaful
Mak See Sen will replace Chowla's previous role as CEO of FWD Insurance, effective November 18.
FWD Group reshuffles Malaysia leadership, promotes Aman Chowla to CEO of takaful
Mak See Sen will replace Chowla's previous role as CEO of FWD Insurance, effective November 18.
Mak See Sen will replace Chowla's previous role as CEO of FWD Insurance, effective November 18.
-
Australia financial services minister defends brokers commisions
Minister Stephen Jones confirms that broker commissions are safe and they are not the issue at the heart of the recent allegations from the Australian Broadcasting Corporation on hidden fees and secret kickbacks in the strata industry
Australia financial services minister defends brokers commisions
Minister Stephen Jones confirms that broker commissions are safe and they are not the issue at the heart of the recent allegations from the Australian Broadcasting Corporation on hidden fees and secret kickbacks in the strata industry
Minister Stephen Jones confirms that broker commissions are safe and they are not the issue at the heart of the recent allegations from the Australian Broadcasting Corporation on hidden fees and secret kickbacks in the strata industry
-
Australian financial ombudsman tells Suncorp to scrap 60% home premium hike: report
The action against the carrier follows recent regulatory fines against several insurers over allegations of mispricing and a class action suit against IAG over excessive hikes in home insurance renewal premiums.
Australian financial ombudsman tells Suncorp to scrap 60% home premium hike: report
The action against the carrier follows recent regulatory fines against several insurers over allegations of mispricing and a class action suit against IAG over excessive hikes in home insurance renewal premiums.
The action against the carrier follows recent regulatory fines against several insurers over allegations of mispricing and a class action suit against IAG over excessive hikes in home insurance renewal premiums.
-
General insurers’ bodies urge heads of Commonwealth nations to discuss extreme weather impact
The four associations agreed that as extreme weather intensifies, populations expand and more homes are put in harm’s way, the insurance protection gap will widen.
General insurers’ bodies urge heads of Commonwealth nations to discuss extreme weather impact
The four associations agreed that as extreme weather intensifies, populations expand and more homes are put in harm’s way, the insurance protection gap will widen.
The four associations agreed that as extreme weather intensifies, populations expand and more homes are put in harm’s way, the insurance protection gap will widen.
-
Chubb names Jon Longmore as country president of Malaysia
Longmore succeeds Stephen Crouch, who will take on the role head of government affairs for Asia Pacific.
Chubb names Jon Longmore as country president of Malaysia
Longmore succeeds Stephen Crouch, who will take on the role head of government affairs for Asia Pacific.
Longmore succeeds Stephen Crouch, who will take on the role head of government affairs for Asia Pacific.
-
Miller strengthens Japan non-marine business with senior Marsh hire
Satoshi Watanabe will be responsible for expanding the broker’s non-marine arm, reporting to Tokinori Kono, head of non-marine broking for the firm's Japanese arm, Lead Insurance Services.
Miller strengthens Japan non-marine business with senior Marsh hire
Satoshi Watanabe will be responsible for expanding the broker’s non-marine arm, reporting to Tokinori Kono, head of non-marine broking for the firm's Japanese arm, Lead Insurance Services.
Satoshi Watanabe will be responsible for expanding the broker’s non-marine arm, reporting to Tokinori Kono, head of non-marine broking for the firm's Japanese arm, Lead Insurance Services.
-
Chubb strengthens Asia climate focus with Aon veteran hire
Singapore-based Yashaswi Sinha joins the carrier as climate+ industry practice leader for Asia.
Chubb strengthens Asia climate focus with Aon veteran hire
Singapore-based Yashaswi Sinha joins the carrier as climate+ industry practice leader for Asia.
Singapore-based Yashaswi Sinha joins the carrier as climate+ industry practice leader for Asia.
-
Starr Insurance receives regulatory nod for Seoul branch
The carrier's new branch will be led by Aon veterean Paul Choi and it will offer commercial P&C products across Korea.
Starr Insurance receives regulatory nod for Seoul branch
The carrier's new branch will be led by Aon veterean Paul Choi and it will offer commercial P&C products across Korea.
The carrier's new branch will be led by Aon veterean Paul Choi and it will offer commercial P&C products across Korea.
-
South Korea’s Construction Guarantee members facing liquidity pressure: AM Best
The rating agency has downgraded the surety underwriter's outlook to negative from stable while affirming its rating at A+ (superior).
South Korea’s Construction Guarantee members facing liquidity pressure: AM Best
The rating agency has downgraded the surety underwriter's outlook to negative from stable while affirming its rating at A+ (superior).
The rating agency has downgraded the surety underwriter's outlook to negative from stable while affirming its rating at A+ (superior).
-
Material headroom for growth in Asian financial and professional lines: Markel
Despite softening and macro challenges in some markets, areas like Hong Kong, Singapore and India are slightly further afield offering strong opportunities.
Material headroom for growth in Asian financial and professional lines: Markel
Despite softening and macro challenges in some markets, areas like Hong Kong, Singapore and India are slightly further afield offering strong opportunities.
Despite softening and macro challenges in some markets, areas like Hong Kong, Singapore and India are slightly further afield offering strong opportunities.
Popular posts:
-
‘Insurers need to take more risks’: Axa’s de Courtois
The deputy group CEO tells IAN that the industry needs to go against its traditional approach to risk as climate change and cyber rise as top risks for APAC.
-
BESS-wary markets look for leadership to bind risks
Renewables specialist GCube's CEO says the market has to facilitate insurance on a more consistent approach as more projects appear around the world.
-
Hurricane Milton’s strength and track makes a revision of APAC renewals a near certainty
Insured losses from the “catastrophic” storm is predicted to top US$60bn as it heads for populous Tampa, which will complicate the upcoming renewals.
-
Regulatory recognition key for MGAs to take off in Asia
Tech-enabled MGAs are gaining ground in China and climate change is spurring innovations in Australia, but their success hinges on supervisory approaches.
Spotlight
-
Material headroom for growth in Asian financial and professional lines: Markel
-
Secondary perils are the risk of the future: Munich Re’s Serene Chan
-
Seadrif targets Asean expansion as it ramps up advocacy to tackle bottlenecks
-
Hong Kong’s Asia Insurance buoyant on D&O as reforms unleash demand
-
Pacific islands cat pool PCRIC mulls expansion into private sector cover
M&A
-
Allianz looks to exit decades-old India JV with Bajaj: report
-
XL Reinsurance China renamed as Axa International Re
-
Central Bank of India’s acquisition of stake in Generali JVs gets antitrust approval
-
Specialist Risk Group makes Asia foray with Singapore acquisition
-
Allianz, NTUC Enterprise and Income to review government’s objections to the deal
ESG
-
APAC insurers take to climate transition, private market investment strategies
-
Tokio Marine achieves carbon neutrality in FY2023
-
Opinion: What has happened to the ESG agenda?
-
Tokio Marine sets US$317m decarbonisation premium target for FY 2026
-
Q&A: Global warming is creating uncertainty in valuation of physical assets
-
The recent rollout of risk-based capital regimes across Asia calls for a closer alignment between insurers’ assets and liabilities. We explore potential ways to maintain a healthy investment yield and robust returns on regulatory capital.
-
Rising demand for elderly care and women driving consumption growth mandate carriers to develop precise solutions to meet customer expectations.
Industry insights and in-depth analysis
Our reports take deep dives into a variety of themes with comments from leading practitioners, data and proprietary analytics. Keep on top of the latest market trends and discover opportunities with our reports.
IFRS 17: "Rather than looking for temporary workarounds and tactical solutions, the efficiency of the whole end-to-end (E2E) financial reporting chain will need to be reengineered."
Martyn van Wensveen, EY