-
- November 8 2024
Fitch downgrades Suncorp Group following banking exit, higher reinsurance retentions
The group’s main non-life arm AAI’s financial strength rating has been changed to A+ from AA-.
-
- November 7 2024
Asian cyber market needs local expertise: Guy Carpenter’s Cordonnier
While there is no question on the potential for cyber growth in the region, for take-up to increase the market needs to develop products that are relevant to local clients.
-
- November 7 2024
Asian specialty losses to be reflected in renewals: Swiss Re
The reinsurer’s specialty CUO Anne Lohbeck says engineering, inherent defect, cyber and credit & surety are growth drivers for APAC specialty book.
-
- November 7 2024
India 1.4 renewals to be particularly interesting: Peak Re’s Salian
Regulatory changes and significant growth in infrastructure, cyber and surety are the main factors that will shape the 1.4. 2025 renewal in India.
-
- November 7 2024
Asia presents vast potential for third-party capital: Peak Re’s Reynolds
The Asia Pacific region, with its exposure to numerous natural perils, offers vast opportunities for employing third-party capital, including ILS.
-
- November 4 2024
‘Bright future’ for structured solutions in APAC as awareness grows: Guy Carpenter
Bridging the gap between risk appetites of cedents and reinsurers is a key theme for the market, says Guy Carpenter’s Hussain Ahmad.
-
- November 4 2024
Upcoming renewals should ‘maintain balance’: Munich Re
Hit by cat events, South-East Asian renewals will likely be stable to hard, says Hitesh Kotak.
-
- November 4 2024
Steadfast on track to complete US$200m in acquisitions in FY 2025
In its annual general meeting, the Australian broking group addressed allegations of opacity in its strata operations and leadership succession.
-
- November 4 2024
IQUW launches in Australia with financial institutions offering
The UK underwriter will offer the product with integrated cyber coverage to private, small-to-mid-market financial services companies.
-
- November 1 2024
QBE closes US$1.6bn LPT deal with RiverStone International and Enstar
The deal was effective July 1 this year and includes non-core long-tail reserves that were not subject to prior reinsurance transactions and a small number of other portfolios of various subsidiaries of the insurer, including Lloyd’s syndicates.
-
- November 1 2024
SIRC 2024: This year’s key talking points
As the who’s who of global reinsurance gather in the Lion City for the biggest renewals jamboree of the year in the region, here is a highlight of the topics that InsuranceAsia News believes are likely to dominate the discussions.
-
- October 31 2024
Late-season Typhoon Kong-rey causes disruption in Taiwan, set to bring heavy rains to Shanghai
The biggest storm to make landfall on the island could see property and BI losses as well as the risk of an oil spill from a beached cargo ship on the northern coast.
-
- October 31 2024
AUB Group to focus on building out its UK retail capabilities in FY 2025
The Australian broking group has combined the Tysers retail arm with Movo and Momentum to form a new UK retail unit, which will be led by recently named chief executive Bob Pybus.
-
- October 30 2024
Taiwan braces for heavy rains, strong wind with super typhoon Kong-rey set to make landfall
The typhoon, allegedly the most powerful in almost six decades, could lead to another suspension of the island’s US$2.5trn stock exchange.
-
- October 29 2024
Ernest Leung to replace Sucheng Chang as Aon Hong Kong head
Chang, who has been in the role since August 2022, is expected to leave the broker next month, IAN understands.
-
- October 24 2024
IAG on track to deliver FY 2025 guidance: CEO
The Australian carrier has guided an insurance margin of 13.5-15.5%, and GWP growth of ‘mid-to-high single digit' in the current financial year.
-
- October 24 2024
Lloyd’s launches disaster risk facility for Pacific island nations
The vehicle, developed with Aon and the UN, aims to be replicated throughout the Pacific region as well as Asia, the Caribbean and Africa.
-
- October 23 2024
HDI Global’s ART unit eyes Asia expansion under new leadership
The carrier’s specialist unit HDI Enablers is looking to expand into Malaysia following the appointment of Eric Joly-Pottuz as head.
-
- October 23 2024
Allianz opens talks with India’s Reliance to launch insurance JVs: report
While Jio has been looking to rope in a foreign partner for its insurance foray, as exclusively reported by IAN, the current talks follow the German insurer’s plans to exit its JVs with Bajaj Group.
-
- October 22 2024
Geopolitics, container fires, energy transition shaping marine insurance dynamics: IUMI’s Lars Lange
With the shipping business very clearly shifting to Asia, the industry group is looking to grow its presence in the region.
