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Scor reports 7.4% growth in P&C premiums at 1.1 renewals, driven by APAC, North America
Total traditional reinsurance estimated gross premium income increased by 4.7% to US$5.3bn during the recent renewals.
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Indonesia boosts crop insurance to maintain rice production: report
Rice Crop Insurance program is designed to protect farmers from the risk of harvest failure due to floods, droughts, or pest infestations.
Indonesia boosts crop insurance to maintain rice production: report
Rice Crop Insurance program is designed to protect farmers from the risk of harvest failure due to floods, droughts, or pest infestations.
Rice Crop Insurance program is designed to protect farmers from the risk of harvest failure due to floods, droughts, or pest infestations.
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Chubb Australia promotes Liam O’Sullivan to senior property underwriter
He has been with Chubb in Dublin and Sydney since November 2020.
Chubb Australia promotes Liam O’Sullivan to senior property underwriter
He has been with Chubb in Dublin and Sydney since November 2020.
He has been with Chubb in Dublin and Sydney since November 2020.
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Aviso Specialty completes mass Lockton raid with 20 appointments
Australian insurance broker confirms appointment of Patrick Moore as general manager for growth and client strategy.
Aviso Specialty completes mass Lockton raid with 20 appointments
Australian insurance broker confirms appointment of Patrick Moore as general manager for growth and client strategy.
Australian insurance broker confirms appointment of Patrick Moore as general manager for growth and client strategy.
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Willis promotes Mareli Vermeulen to head of Asia M&A
She has been with Willis in Australia for almost five years and will relocate to Singapore.
Willis promotes Mareli Vermeulen to head of Asia M&A
She has been with Willis in Australia for almost five years and will relocate to Singapore.
She has been with Willis in Australia for almost five years and will relocate to Singapore.
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Tidal wave of false carrier crime sees cargo market look for response
Losses should move the needle for the industry, as it is being passed into the reinsurers and they will adjust rates which will impact the cargo insurers.
Tidal wave of false carrier crime sees cargo market look for response
Losses should move the needle for the industry, as it is being passed into the reinsurers and they will adjust rates which will impact the cargo insurers.
Losses should move the needle for the industry, as it is being passed into the reinsurers and they will adjust rates which will impact the cargo insurers.
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Pacific insurance rates drop 12% in Q4, led by property: Marsh
Globally, commercial insurance rates continued to soften in Q4 2025, with the Pacific region seeing the steepest declines.
Pacific insurance rates drop 12% in Q4, led by property: Marsh
Globally, commercial insurance rates continued to soften in Q4 2025, with the Pacific region seeing the steepest declines.
Globally, commercial insurance rates continued to soften in Q4 2025, with the Pacific region seeing the steepest declines.
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Asia insurance rates fall for eighth quarter in a row: Marsh
Financial lines and cyber insurance rates in the region notched the biggest falls across the quarter.
Asia insurance rates fall for eighth quarter in a row: Marsh
Financial lines and cyber insurance rates in the region notched the biggest falls across the quarter.
Financial lines and cyber insurance rates in the region notched the biggest falls across the quarter.
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Beazley board gives in to Zurich’s sweetened US$11bn offer
The deal is at an offer price of GBP13.10 in cash and Beazley paying its shareholders permitted dividend of 25 pence for FY25.
Beazley board gives in to Zurich’s sweetened US$11bn offer
The deal is at an offer price of GBP13.10 in cash and Beazley paying its shareholders permitted dividend of 25 pence for FY25.
The deal is at an offer price of GBP13.10 in cash and Beazley paying its shareholders permitted dividend of 25 pence for FY25.
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New Zealand launches review into soaring home insurance costs
ICNZ said that it welcomes the government's review of the general insurance market
New Zealand launches review into soaring home insurance costs
ICNZ said that it welcomes the government's review of the general insurance market
ICNZ said that it welcomes the government's review of the general insurance market
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Simon Global secures approval as Lloyd’s registered broker
The approval was facilitated through its subsidiary SGIS Malaysia and is effective January 30.
Simon Global secures approval as Lloyd’s registered broker
The approval was facilitated through its subsidiary SGIS Malaysia and is effective January 30.
The approval was facilitated through its subsidiary SGIS Malaysia and is effective January 30.
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Gigi Liu returns to Marsh as financial and professional lines leader for Hong Kong and Macau
Liu had been director of the Law Society of Hong Kong’s professional indemnity scheme since November 2024.
Gigi Liu returns to Marsh as financial and professional lines leader for Hong Kong and Macau
Liu had been director of the Law Society of Hong Kong’s professional indemnity scheme since November 2024.
Liu had been director of the Law Society of Hong Kong’s professional indemnity scheme since November 2024.
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Aon Australia promotes Geraldine Joyce to national director for financial institutions and professions
Melbourne-based Joyce has been at Aon for over seven years and recently led the financial institutions and professions business in Victoria.
Aon Australia promotes Geraldine Joyce to national director for financial institutions and professions
Melbourne-based Joyce has been at Aon for over seven years and recently led the financial institutions and professions business in Victoria.
Melbourne-based Joyce has been at Aon for over seven years and recently led the financial institutions and professions business in Victoria.
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Asset-intensive reinsurance to remain robust, continue APAC growth ‘by all measures’ in 2026
Japan is set to remain 'largest and most active market in the region', with Hong Kong, Singapore, Taiwan and South Korea all seen as having potential for growth, industry insiders tell InsuranceAsia News.
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Tech, demand drive parametric innovation in financial lines: Howden’s Deborah Thomasz
Regional senior manager for financial lines tells InsuranceAsia News there is room for innovation and differentiation within financial lines for (re)insurers in APAC.
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Fac demand in Asia set to remain robust amid hi-tech boom, growing local capacity
Insiders take the temperature of the regions property direct and facultative (D&F) market as semiconductors, battery energy storage systems (BESS) and data centres create demand that is expected to continue.
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Taiwan still at centre of Asian geopolitical risk debate despite US hard power disrupting world order
Yoel Sano, head of political and security risk at Fitch-owned research firm BMI, reviews the ongoing geopolitical risks at a time Greenland and Venezuela are in the 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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‘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
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‘Asia is our playground’: Asia Reinsurance Brokers seeks winning formula to extend roots
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Acord aims for ‘absolute sweet spot’ with Singapore roll out of digital messaging platform
M&A
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Willis promotes Mareli Vermeulen to head of Asia M&A
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Beazley board gives in to Zurich’s sweetened US$11bn offer
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Nigel Fitzgerald, Grant Cairns’ new MGA Kaibridge goes live
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Danantara Indonesia mulls insurance holding company to consolidate state-owned carriers
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Filipino carriers FPG Insurance, Mercantile Insurance cleared to merge
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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Chubb Australia promotes Liam O’Sullivan to senior property underwriter
He has been with Chubb in Dublin and Sydney since November 2020.
-
Aviso Specialty completes mass Lockton raid with 20 appointments
Australian insurance broker confirms appointment of Patrick Moore as general manager for growth and client strategy.
-
Willis promotes Mareli Vermeulen to head of Asia M&A
She has been with Willis in Australia for almost five years and will relocate to Singapore.
-
Simon Global secures approval as Lloyd’s registered broker
The approval was facilitated through its subsidiary SGIS Malaysia and is effective January 30.
-
Gigi Liu returns to Marsh as financial and professional lines leader for Hong Kong and Macau
Liu had been director of the Law Society of Hong Kong’s professional indemnity scheme since November 2024.
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Aon Australia promotes Geraldine Joyce to national director for financial institutions and professions
Melbourne-based Joyce has been at Aon for over seven years and recently led the financial institutions and professions business in Victoria.
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Mark Christen joins Markel Insurance as senior financial lines claims adjuster
Sydney-based Christen, who joins from Axa XL, will report Lisa Mitchell, head of claims for Australia.
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bolttech names Chitra Karan Mukundan as Malaysia GM
He was most recently head of independent distribution partners with Chubb in Indonesia, having also worked for the likes of Manulife, Allianz, and AIA in Malaysia, Thailand, and Hong Kong.
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Aon’s Karl Hamann returns to Philippines as country CEO
Hamann, who replaces Darren Oliver, will relocate to Manila to take up his new role in April.
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Australia’s corporate regulator appoints Sarah Court as first female chair
Australian Securities and Investments Commission (ASIC) deputy chair will replace the retiring Joe Longo on June 1.
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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