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- March 21 2025
Lloyd’s looks beyond Asia for growth: John Neal
APMEA platform’s 2024 GWP was up 9% year-over-year at US$9.5bn, while global premiums were up 6.5% to US$72bn.
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- March 20 2025
IUA CEO Dave Matcham to depart after 2 decades of ‘passion’ for Asia
At a turbulent time for London market, Matcham is set to be replaced by International Underwriting Association (IUA) director of legal underwriting and claims, Chris Jones, at the start of May.
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- March 17 2025
Just the tip of a liability iceberg as PFAS risks become apparent, but legal reform roadblocks remain
Firms are set to be drawn into litigation, but changes to the law in Australia are unlikely as they could potentially open the government to significant risks, according to a Sydney-based lawyer.
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- March 6 2025
Storm in a teacup? Market divided over underwriting solar risk for ‘unprepared world’
Modelled impact for Asia Pacific from a sudden and intense burst of radiation and energetic particles from the Sun is pegged at US$375bn and US$428bn for greater China.
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- February 25 2025
Drive for data to plug flood modelling holes continues as risks rise for Asia
Region is most at risk from substantial rainfall changes, according to new research, but for many areas, detailed data is still not accessible.
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- February 20 2025
Time to take plunge on new risk pools as dangers mount, brokers say, but ‘major questions exist’
Lockton Re and Howden Re highlight cyber risks and the wake-up call following the Los Angeles wildfires.
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- February 13 2025
As Trump plays a ‘treacherous trade game’, tariffs solve nothing, leading underwriter says
Sean Dalton, vice president of the International Union of Marine Insurance (IUMI), says the rising risks of an all-out trade war between the US and China are a huge concern for insurers and clients.
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- February 11 2025
Maritime decarbonisation efforts need liability certainty to stay on course amid ‘pressing challenge’
NorthStandard's loss prevention director for decarbonisation Mark Smith calls for clarity in regulation and fuel, with decarbonising the world fleet on the agenda.
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- February 6 2025
Taiwan concern remains for marine insurers, says IUMI, amid rising geopolitical risks
President Frédéric Denèfle and policy committee chair Neil Roberts address the pressing issues facing global maritime trade, including Red Sea transits following the recent ceasefire in Gaza.
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- February 3 2025
With market in its adolescence, Lloyd’s seeks to address growing pains of ‘other cyber’ risks
Lloyd's Market Association framework addresses aggregation and exposure risks of systemic scenarios that have not been heavily modelled.
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- January 27 2025
As carbon capture insurance demand grows, time for London to ‘show its leadership’
Clients in APAC and beyond are turning to London's vast energy experience to leverage its capacity for managing traditional and emerging risks, market sources tell IAN.
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- January 17 2025
While trade war threat looms for Asia, climate risk needs more than insurance: industry leaders
Marsh McLennan’s Carolina Klint says Asia is particularly exposed given its role in the world’s manufacture of goods.
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- January 15 2025
APAC insurance M&A to be fuelled by regulatory scrutiny, private equity
While large insurers and brokers are set to enter new markets, smaller players will seek partners to strengthen their capital positions under new solvency rules, sources tell IAN.
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- January 6 2025
Carbon projects a global opportunity for insurers, but grey area remains
As the market grows, particularly in Asia, insurers have been quick to step into the sector, but there is a need for greater experience.
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- December 19 2024
Growing scale of risk highlights need for proactive resilience strategies: Zurich Risk Solutions
Global head Dirk De Nil says evolving risk landscape and pressure from geopolitical tensions, AI and climate change require carriers’ involvement from project inception to find solutions.
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- December 17 2024
Asian economies brace for trade risks in 2025 as Trump tariffs loom: Zurich
Elevated uncertainty around tariffs and global trade could impact growth, with Asean, China and Hong Kong particularly vulnerable, according to a report by the insurer.
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- December 12 2024
Crawford charts out renewable plans as they look to Asian hubs
The global loss adjuster is considering Sydney and Singapore for potential regional hubs, says global head of renewable energy Alan Tucker.
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- December 10 2024
Asian carriers must expand on renewables as climate losses exceed fossil fuels GWP
Insurers should use their influence on the traditional energy sector that only contributes 2% of the total premium to protect the remaining 98% of their business, say climate activists.
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- November 29 2024
Specialty, casualty pricing needs tangible change: Lloyd’s Neal
Underwriting discipline, global scale to help industry respond to emerging risk, the CEO said speaking to the London market.
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- November 27 2024
Stress testing key to carriers’ 2025 risk assessment strategies
Regulators will no doubt be looking to test insurers and demand greater transparency on the impacts that various major and often interconnected scenarios will have, AM Best senior directors tell IAN.
