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Reinsurers dig in on terms, conditions as rate softening looms
Moody’s maintains its stable outlook for the sector, while Fitch maintains its 'deteriorating' outlook.
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Hannover Re sees stable to softer APAC reinsurance rates in 2027
Reinsurer plans to make at least stable reinsurance capacities available for upcoming renewals, provided risk-adequate prices can be obtained.
Hannover Re sees stable to softer APAC reinsurance rates in 2027
Reinsurer plans to make at least stable reinsurance capacities available for upcoming renewals, provided risk-adequate prices can be obtained.
Reinsurer plans to make at least stable reinsurance capacities available for upcoming renewals, provided risk-adequate prices can be obtained.
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Data centre super cycle offers US$200bn premium opportunity, but fuels accumulation risk: Swiss Re
Investment in data centres and energy infrastructure is the biggest opportunity and risk for the insurance industry over the next four years, according to Swiss Re Institute.
Data centre super cycle offers US$200bn premium opportunity, but fuels accumulation risk: Swiss Re
Investment in data centres and energy infrastructure is the biggest opportunity and risk for the insurance industry over the next four years, according to Swiss Re Institute.
Investment in data centres and energy infrastructure is the biggest opportunity and risk for the insurance industry over the next four years, according to Swiss Re Institute.
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Charles Taylor elevates Andrew Milne to Australia managing director
He steps up from his role as director of natural resources, a position he has held since 2024, following the departure of Mark Thompson.
Charles Taylor elevates Andrew Milne to Australia managing director
He steps up from his role as director of natural resources, a position he has held since 2024, following the departure of Mark Thompson.
He steps up from his role as director of natural resources, a position he has held since 2024, following the departure of Mark Thompson.
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China announces US$9bn recapitalisation plan for state-owned insurers
China Life and China Taiping will receive direct capital injections from the Ministry of Finance, while PICC and China Re will raise funds through a share sale to the ministry.
China announces US$9bn recapitalisation plan for state-owned insurers
China Life and China Taiping will receive direct capital injections from the Ministry of Finance, while PICC and China Re will raise funds through a share sale to the ministry.
China Life and China Taiping will receive direct capital injections from the Ministry of Finance, while PICC and China Re will raise funds through a share sale to the ministry.
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Willis shifts Trevor Madden to lead APAC captive, insurance management solutions
Madden, who relocates to Singapore from Dublin, succeeds Joyce Chua.
Willis shifts Trevor Madden to lead APAC captive, insurance management solutions
Madden, who relocates to Singapore from Dublin, succeeds Joyce Chua.
Madden, who relocates to Singapore from Dublin, succeeds Joyce Chua.
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Cyber, AI ‘fundamentally changing risk landscape,’ demanding new solutions: Munich Re
German reinsurer also cites rising cost of non-peak perils after insured losses topped US$100bn for the first time last year.
Cyber, AI ‘fundamentally changing risk landscape,’ demanding new solutions: Munich Re
German reinsurer also cites rising cost of non-peak perils after insured losses topped US$100bn for the first time last year.
German reinsurer also cites rising cost of non-peak perils after insured losses topped US$100bn for the first time last year.
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MS&AD eyeing European reinsurance broking market entry: report
Group's fronting arm, MS Transverse, aims to replicate its US model in the UK and broader Europe by tapping its exisiting reinsurer and MGA network.
MS&AD eyeing European reinsurance broking market entry: report
Group's fronting arm, MS Transverse, aims to replicate its US model in the UK and broader Europe by tapping its exisiting reinsurer and MGA network.
Group's fronting arm, MS Transverse, aims to replicate its US model in the UK and broader Europe by tapping its exisiting reinsurer and MGA network.
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Gallagher Re Asia Pacific ex-chair Mark Morley joins XS Global treaty team
Morley joins his former colleague Mark O'Brien to develop and expand XS Global’s treaty proposition and portfolio across Asia.
Gallagher Re Asia Pacific ex-chair Mark Morley joins XS Global treaty team
Morley joins his former colleague Mark O'Brien to develop and expand XS Global’s treaty proposition and portfolio across Asia.
Morley joins his former colleague Mark O'Brien to develop and expand XS Global’s treaty proposition and portfolio across Asia.
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Howden Re rolls out international alternative solutions practice with dedicated parametric unit
New practice spans structured reinsurance, climate science, data analytics, product design, portfolio structuring, pricing, capital markets and placement.
Howden Re rolls out international alternative solutions practice with dedicated parametric unit
New practice spans structured reinsurance, climate science, data analytics, product design, portfolio structuring, pricing, capital markets and placement.
New practice spans structured reinsurance, climate science, data analytics, product design, portfolio structuring, pricing, capital markets and placement.
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Seadrif wires second US$1.14m to Laos, WFP as heavy rains continue
Second payment lifts total parametric disbursements to US$2.278m in less than a week under a two-year sovereign policy that provides up to US$16m in multi-peril protection.
Seadrif wires second US$1.14m to Laos, WFP as heavy rains continue
Second payment lifts total parametric disbursements to US$2.278m in less than a week under a two-year sovereign policy that provides up to US$16m in multi-peril protection.
Second payment lifts total parametric disbursements to US$2.278m in less than a week under a two-year sovereign policy that provides up to US$16m in multi-peril protection.
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Full Capacity: Aon’s USI deal and AI-era ‘context advantage’ pitch
This week's newsletter also discusses M&A updates, Singapore's new MGA, a Lloyd's insurer's Asia plans and Descartes and GC&C's partnership renewal.
Full Capacity: Aon’s USI deal and AI-era ‘context advantage’ pitch
This week's newsletter also discusses M&A updates, Singapore's new MGA, a Lloyd's insurer's Asia plans and Descartes and GC&C's partnership renewal.
This week's newsletter also discusses M&A updates, Singapore's new MGA, a Lloyd's insurer's Asia plans and Descartes and GC&C's partnership renewal.
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Insurers finding ART increasingly attractive as rates continue to soften: Aon
It will be a more flexible marketplace for 2027, offering cedents additional savings with reductions projected in the 10% range.
Insurers finding ART increasingly attractive as rates continue to soften: Aon
It will be a more flexible marketplace for 2027, offering cedents additional savings with reductions projected in the 10% range.
It will be a more flexible marketplace for 2027, offering cedents additional savings with reductions projected in the 10% range.
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‘Rate reductions are the fuel, not the finish line’, Gallagher Re’s Lippmann says
Speaking ahead of Rendez-Vous de Septembre, which starts on Saturday in Monaco, the global head of property says buyers are benefitting from the strongest negotiating position in more than a decade.
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‘Asia is no exception’: record capital to fuel reinsurer M&A surge
Laurent Rousseau, CEO of global capital and advisory, Europe and India, Middle East and Africa at Marsh Re, says Northeast Asia could be a driver of consolidation, while Australia will play a big role.
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Has the market learned its lesson? Questions remain over P&C reserve adequacy as ratings continue to deteriorate
A quarter-century after Independent Insurance’s collapse, P&C reserve adequacy is back in focus as rates fall and capital questions mount.
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Nepal flash floods insured losses could top US$1bn, spilling into reinsurance
Major international and regional reinsurers, including Hannover Re, GIC Re, Saudi Re, and Kenya Re, face material exposures via direct and retrocession programs.
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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‘Good times’ for India’s reinsurance buyers despite rising El Nino climate risk: Edme’s Vinod Krishnan
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‘Ripe for real growth’: Lloyd’s insurer Aegis making Asia Pacific cyber moves
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‘Challenges are opportunities’: IUMI president-elect urges insurers to play a larger role in supporting maritime resilience
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Supply outstripping demand, but El Nino, Middle East headwinds could shift market: Guy Carpenter’s Tony Gallagher
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BP Marsh homes in on ‘tremendous opportunities’ in APAC insurance distribution niche
M&A
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MS&AD eyeing European reinsurance broking market entry: report
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Samsung Fire & Marine prepares to take control of Canopius: report
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‘Asia is no exception’: record capital to fuel reinsurer M&A surge
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QBE completes sale of trade credit and surety business to Swiss Re CorSo
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Tokio Marine HCC International acquires UK commercial motor specialist Direct Commercial
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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To stay relevant, insurers should engage caregivers earlier with solutions that combine protection, navigation support, and preventative planning.
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Asia's subsea industry is expanding and evolving rapidly, with the growing use of technology across the region changing the way risks are be assessed.
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Charles Taylor elevates Andrew Milne to Australia managing director
He steps up from his role as director of natural resources, a position he has held since 2024, following the departure of Mark Thompson.
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Gallagher Re Asia Pacific ex-chair Mark Morley joins XS Global treaty team
Morley joins his former colleague Mark O'Brien to develop and expand XS Global’s treaty proposition and portfolio across Asia.
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Chubb names Samsung Fire veteran Il-Pyung Kim South Korea CEO
Outgoing CEO Janice Mo will step into the role of head of commercial P&C for South Korea.
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Laurent Rousseau appointed Marsh Re’s head of international
London-based Rousseau will lead Marsh Re’s Asia, Pacific, Latin America and Caribbean regions in addition to Europe and IMEA, while also continuing to lead capital and advisory globally.
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Sompo names Hairolnizam Sapian as APAC partnership development, management head
Kuala Lumpur-based Sapian will be responsible for advancing Sompo Asia's consumer growth agenda through the development and management of strategic partnerships across the region.
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AIG Australia scores Mahfuzur Rahman as senior professional indemnity underwriter
Melbourne-based Rahman joins from Chubb, where he had been a senior underwriter for financial lines and major accounts for Australia and New Zealand since September 2025.
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Brent Mullan returns from two-year travel, study break to join Gallagher New Zealand as head of marine
He joins the broker after a two year break, having last been a partner with Howden in New Zealand.
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Marsh Re appoints Andrew Hare as Japan CEO
He will assume the role from January 1, succeeding Jeremy Fox, who continues as chairman for Asia Pacific.
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Marsh promotes Rama Sentousa to Singapore COO
He was most recently COO of Marsh Risk Singapore,
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Axa XL Re taps ex-Scor CUO Augustin Gas as Asia head
Singapore-based Gas will oversee client and broker relationships across Asia and manage the carrier’s regional book.
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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 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.
Supply outstripping demand, but headwinds could shift market: Guy Carpenter’s Tony Gallagher
Tony Gallagher, CEO of Asia Pacific at Guy Carpenter, speaks to InsuranceAsia News about the ongoing reinsurance market softening and the forces shaping loss activity and reinsurance buying in the region.
Marine market held its nerve through ‘strange and acute’ Middle East crisis: Markel’s Chelsea Jiang
Chelsea Jiang, managing director greater China at Markel International, discusses the Lloyd’s carrier’s ambitions in the region and how the marine insurance market responded to the crisis in the Strait of Hormuz.
Risk management: "Adequate liability limits are therefore an essential component of risk management for high-hazard operations."
Marc Burban, Asian Risks Management Services