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‘The enthusiasm makes sense’: sidecars way to go as regional ILS regimes eye next frontier
Growing demand for establishment of a regulatory regime for sidecars to support the development of the region's nascent ILS market and enhance its role as a conduit for global capital.
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IGI secures Gift City license as part of global expansion
The specialty (re)insurer expects to open a branch office in Gift City, build out its India team and begin operations later this year.
IGI secures Gift City license as part of global expansion
The specialty (re)insurer expects to open a branch office in Gift City, build out its India team and begin operations later this year.
The specialty (re)insurer expects to open a branch office in Gift City, build out its India team and begin operations later this year.
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Aleksandra Kaczmarek returns to Coface as Asia Pacific head of sales
Singapore-based Kaczmarek joins from AIG, where she was head of multinational trade credit for APAC.
Aleksandra Kaczmarek returns to Coface as Asia Pacific head of sales
Singapore-based Kaczmarek joins from AIG, where she was head of multinational trade credit for APAC.
Singapore-based Kaczmarek joins from AIG, where she was head of multinational trade credit for APAC.
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Markel promotes Jenny Choi to head of casualty for greater China
Choi joined Markel in July 2024 as senior underwriter, international casualty, bringing 18 years’ experience across aviation, casualty and reinsurance.
Markel promotes Jenny Choi to head of casualty for greater China
Choi joined Markel in July 2024 as senior underwriter, international casualty, bringing 18 years’ experience across aviation, casualty and reinsurance.
Choi joined Markel in July 2024 as senior underwriter, international casualty, bringing 18 years’ experience across aviation, casualty and reinsurance.
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Lockton confirms Sandra Lee as Asia chief growth officer for risk solutions
Former BMS Asia CEO joins with Sam Suen and Mandy Lai to establish emerging risks team.
Lockton confirms Sandra Lee as Asia chief growth officer for risk solutions
Former BMS Asia CEO joins with Sam Suen and Mandy Lai to establish emerging risks team.
Former BMS Asia CEO joins with Sam Suen and Mandy Lai to establish emerging risks team.
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Chubb Malaysia taps Generali’s Gurudutt Joglekar as deputy country president
Kuala Lumpur-based Joglekar, who has worked across India, Hong Kong and Malaysia, will report to Malaysia country president Jon Longmore.
Chubb Malaysia taps Generali’s Gurudutt Joglekar as deputy country president
Kuala Lumpur-based Joglekar, who has worked across India, Hong Kong and Malaysia, will report to Malaysia country president Jon Longmore.
Kuala Lumpur-based Joglekar, who has worked across India, Hong Kong and Malaysia, will report to Malaysia country president Jon Longmore.
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Strong 7.8 quake off southern Philippine causes widespread damage, fatalities
Death toll from the strongest earthquake in over a decade in the Philippines has risen to 14 and approximately 10,000 families have been affected
Strong 7.8 quake off southern Philippine causes widespread damage, fatalities
Death toll from the strongest earthquake in over a decade in the Philippines has risen to 14 and approximately 10,000 families have been affected
Death toll from the strongest earthquake in over a decade in the Philippines has risen to 14 and approximately 10,000 families have been affected
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Axa taps P&C, life, specialty capabilities to target Asia’s high net-worth with cross-border offering
The insurer’s new platform, Axa Global Private, brings together products from Axa and Axa XL under a unified platform spanning Hong Kong and Bermuda.
Axa taps P&C, life, specialty capabilities to target Asia’s high net-worth with cross-border offering
The insurer’s new platform, Axa Global Private, brings together products from Axa and Axa XL under a unified platform spanning Hong Kong and Bermuda.
The insurer’s new platform, Axa Global Private, brings together products from Axa and Axa XL under a unified platform spanning Hong Kong and Bermuda.
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Full Capacity: Silicon Valley takes a shine to an insurance carrier
This week's newsletter also discusses the IAN exclusive, a nat cat update, NFRA's change of guard, nat cat update, and Peak Re's plans under its new leadership.
Full Capacity: Silicon Valley takes a shine to an insurance carrier
This week's newsletter also discusses the IAN exclusive, a nat cat update, NFRA's change of guard, nat cat update, and Peak Re's plans under its new leadership.
This week's newsletter also discusses the IAN exclusive, a nat cat update, NFRA's change of guard, nat cat update, and Peak Re's plans under its new leadership.
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Lockton, Marsh, Munich Re, QBE, Knightcorp: 24 APAC insurance people moves of the week
Generali GC&C, Allianz Commercial, Aon, Howden, Toa Re, Markel, Mapfre Re, Aviso Specialty, Gallagher, Marsh, Willis, Coface, Allianz Trade, Specialist Risk Group, Miramar Group, Samsung Re, Coastal Marine, PSC Insurance Brokers, China's NFRA and New India Assurance also made personnel changes over the last week.
Lockton, Marsh, Munich Re, QBE, Knightcorp: 24 APAC insurance people moves of the week
Generali GC&C, Allianz Commercial, Aon, Howden, Toa Re, Markel, Mapfre Re, Aviso Specialty, Gallagher, Marsh, Willis, Coface, Allianz Trade, Specialist Risk Group, Miramar Group, Samsung Re, Coastal Marine, PSC Insurance Brokers, China's NFRA and New India Assurance also made personnel changes over the last week.
Generali GC&C, Allianz Commercial, Aon, Howden, Toa Re, Markel, Mapfre Re, Aviso Specialty, Gallagher, Marsh, Willis, Coface, Allianz Trade, Specialist Risk Group, Miramar Group, Samsung Re, Coastal Marine, PSC Insurance Brokers, China's NFRA and New India Assurance also made personnel changes over the last week.
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Continuum partners with London-based Native to expand digital asset broking in Asia
Brokers will support digital asset businesses, Web3 companies, blockchain infrastructure providers in Singapore, Hong Kong and Japan.
Continuum partners with London-based Native to expand digital asset broking in Asia
Brokers will support digital asset businesses, Web3 companies, blockchain infrastructure providers in Singapore, Hong Kong and Japan.
Brokers will support digital asset businesses, Web3 companies, blockchain infrastructure providers in Singapore, Hong Kong and Japan.
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Korea P&I Club’s rating outlook revised as reinsurance enhancements reduce volatility: AM Best
Rating agency has revised the outlook to stable from negative and affirmed the financial strength rating of B++ (Good) and the long‑term ICR of bbb+ (Good) of the club.
Korea P&I Club’s rating outlook revised as reinsurance enhancements reduce volatility: AM Best
Rating agency has revised the outlook to stable from negative and affirmed the financial strength rating of B++ (Good) and the long‑term ICR of bbb+ (Good) of the club.
Rating agency has revised the outlook to stable from negative and affirmed the financial strength rating of B++ (Good) and the long‑term ICR of bbb+ (Good) of the club.
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Coastal Marine hires Eric Chan as APAC cargo underwriter
He brings a wealth of experience spanning nearly four decades in the insurance industry, and was most recently with Sompo Hong Kong.
Coastal Marine hires Eric Chan as APAC cargo underwriter
He brings a wealth of experience spanning nearly four decades in the insurance industry, and was most recently with Sompo Hong Kong.
He brings a wealth of experience spanning nearly four decades in the insurance industry, and was most recently with Sompo Hong Kong.
Popular posts:
- Lockton Asia CEO targets doubling revenue by 2030, bets on specialty lines and employee benefits
- Typhoon Jangmi batters Japan’s Okinawa and Kagoshima, heads for Kyushu
- Munich Re strengthens cyber team with dual leadership appointments for APAC, Africa
- Marsh hires Christopher Cheung in senior financial lines role
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‘Don’t put all your eggs in one market’: London urged to look beyond US, Europe as Asia GWP slides
London's Asia GWP share has dropped to 6% in 2025, prompting urgent calls to pursue growth in new risks and untapped regions.
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‘There is no stopping it’: game changing AI set to outgrow cyber, presents opportunity for insurers
Losses are being covered by traditional policies as only a handful of players offer standalone AI-driven liability products, but with adoption surging and litigation rising, the standalone market could eventually outgrow cyber insurance, industry insiders tell InsuranceAsia News.
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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.
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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Cargo parametric insurer charts route to US$68bn protection gap with ‘new shiny object’
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Lockton Asia CEO targets doubling revenue by 2030, bets on specialty lines and employee benefits
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Exclusive: Victor Kuk draws up blueprint for a ‘truly global’ Peak Re
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Exclusive: Peak Re ready for next phase of growth, embrace new era: Franz-Josef Hahn
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‘Asia is an active strategic focus’: Fidelis aims to bulk up property treaty, specialty lines
M&A
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Allianz Partners to acquire nib’s Australia, New Zealand travel portfolio
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Cyber specialist Emergence acquires renewal rights to Blue Zebra’s cyber portfolio
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Mitsui Sumitomo, Aioi Nissay target US$1.75bn profit by FY30 after merger
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Kyobo Life enters race to acquire Yebyeol Non-Life: reports
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Filipino carriers confirm merger as FPG Mercantile
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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Aleksandra Kaczmarek returns to Coface as Asia Pacific head of sales
Singapore-based Kaczmarek joins from AIG, where she was head of multinational trade credit for APAC.
-
Markel promotes Jenny Choi to head of casualty for greater China
Choi joined Markel in July 2024 as senior underwriter, international casualty, bringing 18 years’ experience across aviation, casualty and reinsurance.
-
Lockton confirms Sandra Lee as Asia chief growth officer for risk solutions
Former BMS Asia CEO joins with Sam Suen and Mandy Lai to establish emerging risks team.
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Chubb Malaysia taps Generali’s Gurudutt Joglekar as deputy country president
Kuala Lumpur-based Joglekar, who has worked across India, Hong Kong and Malaysia, will report to Malaysia country president Jon Longmore.
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Coastal Marine hires Eric Chan as APAC cargo underwriter
He brings a wealth of experience spanning nearly four decades in the insurance industry, and was most recently with Sompo Hong Kong.
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James Yau rejoins Coface in double leadership role
Trade credit insurer names Singapore-based Yau as head of commercial for Southeast Asia and head of mid-market for Asia.
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Lockton hires Marsh veteran AnnMarie Rodgers as national corporate head in Australia
Broker taps 30-year industry executive to drive upper middle market growth.
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Munich Re strengthens cyber team with dual leadership appointments for APAC, Africa
Marco Petrovic will head Asia (excluding greater China), while Johanna Roman will lead Australasia, greater China and Africa.
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Allianz Trade appoints Ricky Hung to lead Hong Kong distribution
He has over 20 years of experience in the banking sector, having most recently worked at HSBC as division head for global trade and receivable finance.
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Aviso Specialty expands M&A practice with trio of senior appointments
Dmitry Yatsenko, Kurt Michl and Peter Gold are based in Melbourne, Sydney and Brisbane, respectively.
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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