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Alternative solutions go mainstream as energy transition reshapes insurance risk
Parametric design, basis risk, uninsured supply chains and the limits of catastrophe models were at the heart of the agenda at InsuranceAsia News' 2026 APAC Climate Risk & Insurance Summit in Singapore.
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Lloyd’s China unveils new leadership team as regulator approves appointments
Furen Shen has been confirmed as CEO, while Yuanbiao Sun has moved up to chairman, and Xiaolan Li has been appointed chief compliance officer.
Lloyd’s China unveils new leadership team as regulator approves appointments
Furen Shen has been confirmed as CEO, while Yuanbiao Sun has moved up to chairman, and Xiaolan Li has been appointed chief compliance officer.
Furen Shen has been confirmed as CEO, while Yuanbiao Sun has moved up to chairman, and Xiaolan Li has been appointed chief compliance officer.
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Marsh promotes Shawn Willis to lead newly-formed captive strategy
He has been with Marsh for over 25 years across two spells, either side of 11 years with broker Willis.
Marsh promotes Shawn Willis to lead newly-formed captive strategy
He has been with Marsh for over 25 years across two spells, either side of 11 years with broker Willis.
He has been with Marsh for over 25 years across two spells, either side of 11 years with broker Willis.
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South Korea plans state reinsurance backstop for storm, flood, earthquake cover
Interior ministry proposes legislation allowing the government to write nat cat reinsurance, with the national treasury in line to meet any shortfalls.
South Korea plans state reinsurance backstop for storm, flood, earthquake cover
Interior ministry proposes legislation allowing the government to write nat cat reinsurance, with the national treasury in line to meet any shortfalls.
Interior ministry proposes legislation allowing the government to write nat cat reinsurance, with the national treasury in line to meet any shortfalls.
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IRDAI extends deadline for insurance distribution reform feedback to October 31
Insurance Regulatory and Development Authority of India (IRDAI) says it has received an 'encouraging response' with over 650 comments received.
IRDAI extends deadline for insurance distribution reform feedback to October 31
Insurance Regulatory and Development Authority of India (IRDAI) says it has received an 'encouraging response' with over 650 comments received.
Insurance Regulatory and Development Authority of India (IRDAI) says it has received an 'encouraging response' with over 650 comments received.
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Greg Solomon rejoins WTW as Hong Kong ICT market leader
He returns following a previous stint as head of life and health reinsurance in Hong Kong from 2014 to 2019.
Greg Solomon rejoins WTW as Hong Kong ICT market leader
He returns following a previous stint as head of life and health reinsurance in Hong Kong from 2014 to 2019.
He returns following a previous stint as head of life and health reinsurance in Hong Kong from 2014 to 2019.
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Champi to make landfall as extratropical cyclone over Kyushu after battering Taiwan
Typhoon Champi brought high winds, heavy rain and widespread disruption to Taiwan, mainland China and Japan this week.
Champi to make landfall as extratropical cyclone over Kyushu after battering Taiwan
Typhoon Champi brought high winds, heavy rain and widespread disruption to Taiwan, mainland China and Japan this week.
Typhoon Champi brought high winds, heavy rain and widespread disruption to Taiwan, mainland China and Japan this week.
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Bajaj General Insurance names Deepak Reddy as new CEO, managing director
He will replace Tapan Singhel, who has led Bajaj General Insurance since 2012.
Bajaj General Insurance names Deepak Reddy as new CEO, managing director
He will replace Tapan Singhel, who has led Bajaj General Insurance since 2012.
He will replace Tapan Singhel, who has led Bajaj General Insurance since 2012.
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Full Capacity: Asian regulators race to unlock the captive boom
This week's newsletter also discusses nat cat updates, M&A, and Australia's cyclone pool.
Full Capacity: Asian regulators race to unlock the captive boom
This week's newsletter also discusses nat cat updates, M&A, and Australia's cyclone pool.
This week's newsletter also discusses nat cat updates, M&A, and Australia's cyclone pool.
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Hong Kong’s H1 FY26 general insurance gross premiums up 9.1% to US$8bn, driven by offshore reinsurance
Underwriting profit soared 253% to US$740m as onshore pecuniary loss business in the direct segment recovered from a loss of US$38m to a profit of US$395m.
Hong Kong’s H1 FY26 general insurance gross premiums up 9.1% to US$8bn, driven by offshore reinsurance
Underwriting profit soared 253% to US$740m as onshore pecuniary loss business in the direct segment recovered from a loss of US$38m to a profit of US$395m.
Underwriting profit soared 253% to US$740m as onshore pecuniary loss business in the direct segment recovered from a loss of US$38m to a profit of US$395m.
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MG Geraghty, Chubb, Helvetia, Tysers, Gallagher: 17 APAC insurance people moves of the week
IndusInd General Insurance, Oneglobal, Skuld, Marsh, Markel, Ergo Insurance, Aviso Specialty, Arch Insurance, Dual, Howden, HDI Global and Specialist Risk Group also made personnel changes over the last week.
MG Geraghty, Chubb, Helvetia, Tysers, Gallagher: 17 APAC insurance people moves of the week
IndusInd General Insurance, Oneglobal, Skuld, Marsh, Markel, Ergo Insurance, Aviso Specialty, Arch Insurance, Dual, Howden, HDI Global and Specialist Risk Group also made personnel changes over the last week.
IndusInd General Insurance, Oneglobal, Skuld, Marsh, Markel, Ergo Insurance, Aviso Specialty, Arch Insurance, Dual, Howden, HDI Global and Specialist Risk Group also made personnel changes over the last week.
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AIA hires ex-HSBC insurance chief Edward Moncreiffe to lead India, Sri Lanka, Australia, New Zealand
He will start in the regional CEO role on November 2.
AIA hires ex-HSBC insurance chief Edward Moncreiffe to lead India, Sri Lanka, Australia, New Zealand
He will start in the regional CEO role on November 2.
He will start in the regional CEO role on November 2.
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Taiwan shuts down as Typhoon Champi skirts eastern coast
It is the 30th typhoon in the Pacific this year as El Nino's impact continues to be felt across the region.
Taiwan shuts down as Typhoon Champi skirts eastern coast
It is the 30th typhoon in the Pacific this year as El Nino's impact continues to be felt across the region.
It is the 30th typhoon in the Pacific this year as El Nino's impact continues to be felt across the region.
Popular posts:
- AIA hires ex-HSBC insurance chief Edward Moncreiffe to lead India, Sri Lanka, Australia, New Zealand
- BlackRock | Infrastructure comes of age for insurers
- Champi to make landfall as extratropical cyclone over Kyushu after battering Taiwan
- Chubb veteran Jay Santos relocates to Singapore as head of property
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Changing economics of insurance call for transparency, long-term view: Prudential’s Douglas Flint
Insurers must evolve from sellers of products into long-term 'life partners' for ageing populations, a shift that will require regulators, governments and educators to work together, says the insurer's chairman.
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‘Don’t carve it out’: insurers push back on blanket AI exclusions as adoption surges
Insurers are resisting blanket AI exclusions, warning they would create protection gaps as AI becomes embedded in everyday business operations.
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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.
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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Malaysian central bank extends RHB-Tokio Marine insurance merger deadline to February
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IAG confident RACI deal will be completed in 2027 despite opposition
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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
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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Are insurers capturing full value from the asset class? BlackRock shares its perspective.
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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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Lloyd’s China unveils new leadership team as regulator approves appointments
Furen Shen has been confirmed as CEO, while Yuanbiao Sun has moved up to chairman, and Xiaolan Li has been appointed chief compliance officer.
-
Marsh promotes Shawn Willis to lead newly-formed captive strategy
He has been with Marsh for over 25 years across two spells, either side of 11 years with broker Willis.
-
Greg Solomon rejoins WTW as Hong Kong ICT market leader
He returns following a previous stint as head of life and health reinsurance in Hong Kong from 2014 to 2019.
-
Bajaj General Insurance names Deepak Reddy as new CEO, managing director
He will replace Tapan Singhel, who has led Bajaj General Insurance since 2012.
-
AIA hires ex-HSBC insurance chief Edward Moncreiffe to lead India, Sri Lanka, Australia, New Zealand
He will start in the regional CEO role on November 2.
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Chubb veteran Jay Santos relocates to Singapore as head of property
He was most recently deputy property manager for Victoria and Tasmania for Chubb in Australia.
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Aviso Specialty taps Ashish Bhattacharya as Pacific head of real estate
He previously led Lockton's real estate business in Australia.
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Oneglobal ships in Maxence Servelle to lead Asia cargo
Singapore-based Servelle joins from Diot-Siaci, where he was Asia head of marine cargo.
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Arch Insurance Australia hires Shawn Jarman as senior casualty underwriter
He joins from the Victorian Managed Insurance Authority, while he has also held underwriting and account management roles at Epsilon Underwriting, Allianz and Vero Insurance.
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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.
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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