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- July 23 2025
Zurich takes Swiss Re’s Michael Szwajda as Singapore broker relationship lead
He will focus on deepening broker and customer relationships and driving growth for the insurer's commercial insurance portfolio, including Zurich Resilience Solutions opportunities.
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- July 23 2025
Inflation, nat cats weigh on APAC construction, sparking underinsurance as regional infrastructure opportunities build
Insurers are enhancing risk modelling capabilities to keep pace with the rising frequency, while innovating on products to serve the evolving market.
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- July 21 2025
Vietnamese (re)insurers brace for Typhoon Wipha, Hong Kong facing US$255m bill
Heavy rainfall and strong winds are expected across northern Vietnam, posing risks of flooding and damage, particularly in coastal areas.
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- July 19 2025
Full capacity: Could APAC be the next battleground for broker consolidation?
Private equity drivers broker consolidation as APAC emerges as the next growth hotspot.
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- July 18 2025
Tonga renews US$17m multi-peril cover with PCRIC
Renewed policy is expected to provide coverage for tropical cyclones, earthquakes, tsunamis, and droughts, and will have a US$1m premium contribution from the Tongan government.
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- July 16 2025
Aon promotes APAC veteran George Attard to global head of strategy for reinsurance in senior leadership rejig
Broker also announced appointments of Alfonso Valera as CEO of international for reinsurance, responsible for UK, EMEA and APAC, and Tomas Novotny as chairman of international for reinsurance.
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- July 16 2025
Global insured losses in H1 expected to reach US$100bn: Aon
Myanmar earthquake was the biggest uninsured loss, as insurers covered less than US$100m from the total economic damage of US$12bn.
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- July 16 2025
Christian Stobbs appointed Markel Insurance chief strategy and corporate development officer
Stobbs, who was APAC managing director since 2019, will be based in the US and report to CEO Simon Wilson.
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- July 14 2025
Miller launches South Korea marine practice after Marsh team raid
KyungSeop (KS) Shim will lead the new team as head of specialty, and is joined by Justin Roh, Hana Jung, and Jayce Park.
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- July 14 2025
HDI Global, Descartes collaborate to offer parametric earthquake cover in Japan
Claims will be triggered based on thresholds measured by Japan Meteorological Agency’s shindo seismic intensity.
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- July 14 2025
Ageas eyes deeper Asia presence with three-pronged approach to tried and tested model
CEO Hans De Cuyper discusses the Belgian insurer’s strategic priorities in the region, the future of its Etiqa JV and how Taiping Re complements its reinsurance play.
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- July 12 2025
Full capacity: Trump tariffs – a temporary pause with lingering uncertainty
We discuss a noteworthy Japanese M&A deal, a new Australian financial lines undewriter, and the rise of the APAC MGA market.
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- July 10 2025
Zurich hands Jim Qin expanded role as CEO for Hong Kong life and general insurance arms
Qin has been the CEO for the global insurer's Hong Kong general insurance business since 2021.
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- July 9 2025
Emerging Asia ex-China to boost non-life premiums as global growth decelerates amid US tariff policy: Swiss Re
Global non-life premiums expected to grow 2.6% in real terms to US$4.8trn in 2025, according to the reinsurer's Sigma report.
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- July 9 2025
Mitsui Sumitomo to acquire Japanese W&I specialist MGA Time Machine
Japanese insurance group MSI will take a majority ownership of the MGA on August 1, and the remaining shares later to make it a 100% subsidiary.
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- July 9 2025
Canopius recruits Gallagher Re’s Micia Yong as APAC head of property and specialty treaty
Yong will be based in Singapore and and report directly to APAC and MENA CEO Soon Keen Lee.
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- July 9 2025
Reinsurance market grapples with geopolitical risks amid renewals shift
There is an acceleration in reinsurance rate reductions across the globe, but the question it raises is whether the softening will cool off, according to panellists at the reinsurance webinar co-hosted by IAN and Fitch Ratings last week.
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- July 7 2025
Howden taps FM veteran Hamish Ravindran as chief client officer for Asia
Singapore-based Ravindran joins the broker after nearly 23 years at the commercial property insurer.
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- July 5 2025
Full capacity: 2025 renewals – time for reflection
In the latest issue of the Full Capacity newsletter, we discuss our exclusives on regional people moves, M&A deals, the Qantas cyber breach and the wave of jumbo block life reinsurance deals.
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- July 4 2025
Qantas cyber breach to create turbulence for insureds and insurers, but losses could fly under the radar
AIG-led cyber program placed by Marsh is unlikely to be significantly hit, industry sources told InsuranceAsia News.
