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- May 31 2025
Full capacity: Discipline meets discounts at mid-year renewals
In the latest issue of our Full Capacity newsletter, we look at Swiss Re CorSo leadership shakeup, Gallagher Re's China acquisition, Peak Re's Bermuda expansion and our weekly round up of people moves.
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- May 30 2025
Typhoons predicted to match 30-year average, but more intense hurricane season likely: Munich Re
In Northwest Pacific, an initial study estimates 25 named cyclones, 16 typhoons and nine severe typhoons in the highest 3–5 category in 2025.
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- May 29 2025
Exclusive: Swiss Re CorSo reshuffles APAC leadership as China CEO, Southeast Asia head depart
China CEO Jeffrey Pan will depart by the end of the year, while Singapore-based Didier Bélot will leave the company by the end of August.
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- May 29 2025
Berkley Insurance Asia hires AIG’s Vivian Chow as commercial PI lead
Chow will join the specialty (re)insurer in Hong Kong, as first reported by IAN, and will manage a newly established commercial professional liability practice.
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- May 28 2025
Peak Re expands to North America with Bermuda subsidiary led by Gene Zhang
With a focus on underwriting casualty reinsurance, Peak Re North America 'is a significant step in our group’s global growth strategy', group CEO Franz-Josef Hahn says.
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- May 28 2025
Gallagher Re taps Aon Re’s Chulmin Jang as Korea CEO
Jang succeeds Phil Won Jeong, who will become chairman of Gallagher Korea.
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- May 27 2025
Geopolitical tensions could offset reduction in maritime losses from traditional causes: Allianz Commercial
Trade wars may open a new chapter for alternative routes if suppliers and exporters look to redirect goods to adapt to any new environment and tariffs.
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- May 27 2025
Gallagher Re acquires Beijing-based broker Nongxin
Global broker will launch a new platform designed to deliver a comprehensive range of services, China CEO Jia Lou says.
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- May 24 2025
Full capacity: Atlantic hurricane casts tempestuous forecast
In the latest issue of our Full Capacity newsletter, we look at AIG Australia leadership transition, NSW floods, Lloyd's new CEO's blunt warning as well as a round up of the people moves from last week.
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- May 23 2025
Towngas, FSE Nova JV acquires Hong Kong broker Pacific World
Combined entity will invest more resources and capabilities to provide insurance broking services to 42 million Towngas household customers in Hong Kong and mainland China.
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- May 23 2025
SMBC Aviation’s insurance settlements for jets stranded in Russia reach US$1.4bn
Japanese aircraft lessor says it received US$24m in FY25 and US$630m, in addition to a US$756m settlement from Russian insurer NSK in 2023.
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- May 23 2025
Axa ‘among the first’ to utilise new Hong Kong re-domicile regime, to move Bermudan unit
Hong Kong government passed the inward company re-domiciliation regime last week.
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- May 23 2025
Asia warming to MGAs as regulators, capacity providers embrace niche underwriting: Qubit’s Helen Ye
Hong Kong MGA eyes regional expansion as it plans to 'become a leading underwriter in the digital asset space across Asia Pacific'.
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- May 22 2025
German insurer SV partners with Japan’s Zenkyoren to debut US$100m earthquake bond
The 3-year bond covers losses from Japan on an indemnity basis and across Germany on a parametric basis.
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- May 22 2025
AIG Australia & New Zealand CEO Grant Cairns to depart, Kathleen Warden appointed GM
Warden and New Zealand GM Liam Pomfret will report directly to regional president Chirs Colahan.
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- May 22 2025
Australian competition watchdog clears IAG’s RACQ acquisition
ACCC said Suncorp, Allianz and QBE, and newer entrants such as Youi, Auto & General, and Hollard will continue to compete in Queensland.
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- May 21 2025
Canopius adds professional lines underwriter in Australia
Mark Butterworth joins the Lloyd’s carrier in Melbourne from Dual Australia.
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- May 20 2025
MS&AD nearly doubles group profits to US$5bn, driven by record domestic results
Overseas subsidiaries achieved 35% profit growth despite a decline in profits for Lloyd's and reinsurance.
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- May 20 2025
Tower reports H1 FY25 COR of 69.7%, profit up to US$36.5m
Kiwi insurer’s first half GWP was NZ$176m, up 4% from a year ago, while it reported large-event costs of US$1.8m.
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- May 19 2025
Apollo-backed Athene Japan hires Munich Re’s Hugo Choi to lead corporate development
Choi will relocate to Tokyo from Hong Kong, and be responsible for growing the reinsurer's flow and block reinsurance businesses across Asia Pacific.
