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- May 27 2021
X-Press Pearl fire to see ‘significant’ cargo, salvage claims
Insurers face claims in the tens of millions of US dollars.
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- May 25 2021
Shenzhen skyscraper wobble puts focus on construction liability
Professional indemnity insurance would likely be the focus of any claim.
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- May 21 2021
Japan’s ‘Big Three’ P&C players ride out Covid storm
MS&AD, Sompo and Tokio Marine benefitted from fewer domestic nat cat and motor claims.
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- May 19 2021
Velesto oil rig claims to top US$100m
Experts say the final payout for the sunken Naga 7 will depend on whether wreck removal is required.
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- May 17 2021
Asia aviation premiums set for second half lift off
Brokers, insurers and reinsurers are set to recover some lost ground over the next six months.
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- May 13 2021
Gallagher agrees deal for Willis Re
The agreement excludes reinsurance assets in Hong Kong and China and helps Aon's purchase of WTW.
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- May 12 2021
Sedgwick Asia director to join Charles Taylor: sources
Stephen Hope is set to join the adjuster's onshore energy and mining division.
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- May 11 2021
Zurich’s Min-Jie Ye to lead FWD GI Hong Kong: sources
IAN understands the head of HK specialty is set for a senior position at FWD General Insurance.
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- May 11 2021
Asia’s appetite for financial lines cover wavers
D&O rates harden amid SPAC fallout and increased regulatory scrutiny.
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- May 5 2021
Hong Kong’s ILS push builds momentum
IAN understands the first issuance will come by the end of Q3 2021.
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- May 4 2021
Asia’s satellite market the ‘hardest’ in a decade—source
Global reinsurers generally pick up losses in the region.
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- April 30 2021
Charles Taylor Asia MD to join Integra: sources
Tony Chapman is understood to be departing the adjuster with Alistair Lamb to leave Integra for LWI.
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- April 27 2021
Australia’s turn to weigh in on Aon/WTW
The ACCC may also require asset sales as the US and EU seek divestitures.
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- April 22 2021
Why broker networks are in vogue in Asia
Steadfast's latest deal sees P&C players increasingly needing ways to deal with cross-border risk.
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- April 21 2021
Nova Insurance eyes expansion after FSE seals acquisition
General manager Patrick Chan tells IAN it will consider M&A opportunities and team hires.
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- April 20 2021
D&O cover in spotlight as Asia eyes SPACs boom
Expert tells IAN the market has seen an increase in enquiries for cover from Asia-based funds.
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- April 14 2021
Suez Canal Authority seizes Ever Given, demands US$900m
The ship's liability insurer, the UK P&I Club, has disputed the "extraordinarily large claim".
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- April 14 2021
Honan Re to target Australia, Malaysia, NZ and Singapore
MD Eliza White tells IAN the new broker is currently recruiting team members.
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- April 13 2021
Australia’s P&C players face climate trap
Reports suggest nat cat risk is worsening each cycle amid calls for more mitigation measures.
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- April 7 2021
Pertamina Indonesia refinery loss to hinge on BI cover
Initial reports suggest the losses from the Balongan fire could be larger than US$50m.
