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- June 26 2025
Insuring prosperity: APAC’s dynamic fine art and specie market in the frame as risk landscape, extreme weather drive demand
As China's influence wanes, markets like Japan, South Korea, and Singapore are gaining traction, with family offices and new private museums in nearby regions driving demand for coverage and competition.
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- June 24 2025
BMS Australia appoints Ardonagh Global Partners’ Georgina Reilly as general counsel
Sydney-based Reilly will report to Australia CEO Andrew Godden.
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- June 24 2025
Sompo names Alasdair Walker Hong Kong CEO as Li Sheung Kin set to retire
Walker will be responsible for driving Hong Kong’s profitability and capabilities as a key commercial business hub in Asia Pacific, reporting into regional insurance CEO Kenneth Reilly.
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- June 23 2025
Sharna Stallard returns to Agile as financial lines underwriter
Stallard has over 25 years of insurance experience with expertise across financial lines and general insurance broking.
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- June 23 2025
UIB Asia hires Guy Carpenter’s Markus Sayuti as executive director for treaty and retro division
Singapore-based Sayuti will report to Asia CEO Francis Savari.
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- June 23 2025
Willis bolsters India finex team with head of claims appointment
Gurugram-based Arushi Arora joins the broker from law firm Khaitan Legal Associates, where she represented clients, insurers and brokers on complex liability claims.
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- June 23 2025
‘APAC players are very engaged in ILS’: Twelve Securis seeks to fill the gap as cat bonds peak interest
Swiss asset manager is considering opening an office in Singapore or Hong Kong amid potential for cat bonds in the region, particularly from Chinese issuers and many Asian players looking to expand beyond traditional players like Japan.
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- June 20 2025
Aggregated losses from typhoon Wutip could reach hundreds of millions of US dollars: Aon
Particularly significant economic and insured losses are expected due to widespread flooding in southern China.
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- June 20 2025
Marsh India names Jay Mehta as vice president for private equity, M&A
Mumbai-based Mehta joins from EY, where he was most recently senior manager for tax and regulatory services.
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- June 19 2025
Fitch upgrades QBE with reserve risk volatility set to ease, net income hits US$1.8bn in 2024
Rating agency upgrades insurer financial strength ratings of QBE Insurance Group's core subsidiaries to AA- (very strong), and QBE's long-term issuer default rating to A with a stable outlook.
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- June 19 2025
Strait of Hormuz tanker collision highlights dark fleet dangers, but not seen as war event
Adalynn and Front Eagle collided on Tuesday in the Strait of Hormuz amid the ongoing tensions between Iran and Israel.
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- June 18 2025
‘Surely, prices will go up’: Air India crash to push hull and liability rates, could impact product liability
Brokers and a lawyer tell InsuranceAsia News that last week's fatal crash in Ahmedabad will have a wide-ranging impact on the aviation industry, with total losses set to be as much as US$475m.
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- June 16 2025
Gard appoints André Kroneberg as Asia business unit head amid major global restructuring
P&I club will form five market-facing syndicates, with Bjørnar Andresen and Christen Guddal taking on global responsibilities.
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- June 13 2025
HDI Global reshuffles APAC engineering team
Haris Michaels will relocate from Sydney to Singapore, with Stevan Bonic taking over as engineering underwriting manager for Australasia.
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- June 13 2025
Lockton bolsters Australia finpro team with senior hires
Craig Claughton joins the broker as national manage for financial institutions, while Dennis Moens will assume the role of client manager, both effective from early July.
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- June 13 2025
Air India crash: Tata AIG leads program jointly placed by Gallagher and WTW
Boeing 787-8 Dreamliner crashed minutes after take-off from India’s Ahmedabad airport on Thursday afternoon with 242 people on board.
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- June 12 2025
SBI General Insurance appoints Mohd Arif Khan as deputy CEO
Khan joins the carrier from the State Bank of India, where he was most recently general manager.
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- June 12 2025
QBE Asia first carrier to join IFC’s resilience program to close APAC protection gap
International Finance Corporation's (IFC) Building Resilience Index (BRI) program focuses on hazard mapping and a resilience assessment framework and evaluates climate-related risks for real-estate projects and portfolios.
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- June 11 2025
Samsung Fire & Marine to buy additional 21% stake in Canopius
Transaction will increase the Korean insurer's total share to 40%.
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- June 11 2025
‘No hope of recovery’: MSC Elsa 3 salvage efforts begin in India, but total loss expected
NorthStandard is understood to be the claims leader for the Liberian-flagged container ship that sank last month off the coast of India.